GST on raw material input If there is no GST on raw material input, then there will be no GST charged on the sale of the. However, if raw material use in the production of a taxable good or service. Then GST will charge on the value of the final product or service at the… Read More »
Filing taxes No, it is not permissible filing taxes multiple times within a single financial year for the same income earned during that year. Once you have filed your taxes and reported your income, deductions, and other relevant details, you cannot file another tax return for the same income within that financial year. Filing taxe… Read More »
Tax planning for property Sale Tax planning for property sale, Capital gains tax: As an 80-year-old individual who is selling his own earn immovable property, may be liable to pay capital gains tax on the sale, depending on the specific details of the transaction. Capital gains tax is a tax levy on the profit earn… Read More »