Goods and Services Tax (GST) is an indirect tax system implemented in India to replace multiple cascading taxes levied by the central and state governments. It is a comprehensive, multi-stage, ...
Revenues are projected to be higher in July, according to the government. “While GST collections dropped in June, it is projected that revenues would grow again from July 2021 onwards,” the government ...
GST software and GST apps: While not many people know what is GST or how to calculate the tax under the new GST regime, its deductions along with its rates, the best of assistance for everyone is ...
The meaning of ITC can be easily understood when we take the words ‘input’ and ‘tax credit into consideration’. Inputs are materials or services that a manufacturer purchases in order to manufacture ...