Reverse Charge Mechanism (RCM) under GST

GST applies on everyone. One must note levy of GST differ from person to person. There are two ways of levying GST. One is a Forward Charge Mechanism (FCM) or Normal Charge Mechanism in which supplier of goods and suppli...

Common ITR Filing Errors: A Complete Guide

It is imperative that individuals, as well as businesses, fulfill their annual obligations to file an Income Tax Return (ITR). However, due to the complexity of tax laws and regulations, it is not uncommon for taxpayers ...

Tax Planning and ITR Filing Tips for Salaried Employees in India

Tax planning and income tax return (ITR) filing are crucial for salaried employees in India. By adopting effective tax planning strategies, individuals can minimize their tax liabilities and make the most of the availabl...