Webtel
The Goods and Services Tax (GST) regime has introduced a very controlled tax compliance system. One of its most important characteristics is the Input Tax Credit (ITC), through which businesses are pe ........ View More
Goods and Services Tax (GST) compliance continues to evolve with the aim of streamlining tax administration, increasing transparency, and minimizing fraud. One of the significant components of GST ret ........ View More
The Government of India introduced the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme under the Goods and Services Tax (GST) framework to simplify the return filing process for sma ........ View More
The introduction of the Goods and Services Tax (GST) helps in a single tax system and an open compliance framework in India. One such feature that was added under GST is the ledger system of being dig ........ View More
One of the key components of GST compliance for taxpayers is the GSTR-1 return. The GSTR-1 return is essential for reporting the outward supplies (sales) of goods and services made by registered taxpa ........ View More
In today’s business landscape, many companies operate through a centralized head office while maintaining several registered branches across various locations. The head office often procures ser ........ View More
The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament, on February 02, 2025. Majorly the changes were earlier recommended by th ........ View More
Several reforms have been introduced regarding the GST regime for more straightforward, transparent, and efficient tax compliance. The latest innovation brought within it is the IMS. The IMS introduce ........ View More
In the world of Goods and Services Tax (GST), ensuring compliance with timely and accurate return filing is a priority for businesses. Two critical aspects of GST return filing are Input Management Sy ........ View More
The Goods and Services Tax (GST) has completely transformed how businesses in India manage their taxes. If your business has an annual turnover above a certain threshold, you’re going to need to go be ........ View More