Indian state finance ministers have requested that the goods and services tax (GST) be increased by 10% to the highest slab rate of 28%, which is anticipated to hurt the country’s fledgling online gaming industry. This article will update you about the latest news of GST on Online Gaming. Latest Survey for GST on Online … Read more
GST stands for Goods and Services Tax and it is an indirect taxation system in India. Every business in India if eligible needs to get GST Registration. GST Registration Online is the process in which the taxpayers gets a unique GST Number or GSTIN. There are several benefits for applying for the GST and GST … Read more
The Goods and Services Tax (GST) was introduced in India to make the country a single market. However, with the rush of new businesses and freelancers in the market, the subject of GST has always been confusing for all. This article is an easy and complete guide to GST registration for freelancers in India. How … Read more
The introduction of GST had a direct or indirect effect on everyone. There’s also a significant effect of GST for Homebuyers. This article discusses everything that you must know about GST for Home Buyers in India. How does the GST affect homebuyers? GST has had a profound impact on the Indian economy, and the real … Read more
Individuals who have registered for GST are granted a GST Registration Certificate. A GST registration must be displayed clearly at the place of business of those who possess one. This article discusses the validity period of the registration certificate in GST and other important things relating to GST Registration Certificate. What is a GST Registration … Read more
Historically, India has been a major exporter to the international market. Our Indian economy and GDP are growing at a quicker rate as a result of new laws in India that encourage exports. Furthermore, if you want to start export business in India, you can avail several benefits from the government after getting necessary registrations … Read more
What is a Work Contract? Any work that is done for an “Immovable Property” is defined as a “Works Contract” under the new GST legislation, unlike the former VAT and Service Tax provisions, which included works contracts for “movable property.” It’s a type of service contract that involves the provision of commodities to carry out … Read more
Online Gaming Sector is on rise in India. However, the Online Gaming Sector is also taxable under GST. Therefore, GST on online gaming sector is a must understand concept for everyone including taxpayers, online gamers and gaming businesses. This article explains the important concepts relating to GST on online gaming sector. How GST applies on … Read more
The tax authority may have initiated suo moto procedures to cancel a taxpayer’s GST registration. However, as a taxpayer, you have the option and power to apply for revocation of cancellation of GST Registration. You can apply online for cancellation of GST Registration on official GST Portal. This article guides you on all the important … Read more
Good news might come anytime soon as the GST govt may exclude small ecommerce sellers from registration. This may motivate entrepreneurs and further boost e-commerce business in India. Furthermore, this may also provide relief to small e-commerce sellers who had already been hit by the pandemic. Let’s read the latest update of the GST govt … Read more