Learn the GST return filing process to submit accurate returns on time, avoid penalties, and ensure your business stays compliant with tax regulations.

In the intricate world of stock markets and financial accounting, the term “consolidation” takes center stage. Whether scrutinizing price charts for potential stock movements or merging financial statements for a comprehensive financial view, consolidation plays a pivotal role. This article unravels the dual facets of consolidation—technical analysis in stock trading and financial consolidation in accounting—shedding light on the nuances, benefits, and challenges inherent in both.

G.S.R  (E).- In exercise of the powers conferred by clause (i) of section 21 of the UTGST Act, 2017 (14 of 2017), read with sub-section (2) of section 7 of the Central Goods and Services Tax Act, 2017

CGST: S.O. …(E).—In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2022 (6 of 2022), the Central Government hereby appoints the 1st day of October,

GST G.S.R.  (E).- In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate),

Under Section 44AD, businesses with a turnover of up to INR 3 Crore are eligible to avail the benefits of presumptive taxation. This scheme offers a simplified method for calculating taxable income,

The provisions of the Central Goods and Services Tax Act, and the rules made there under, including those relating to assessment, input tax credit, non-levy, short-levy, interest, appeals, offences

Ans. “Integrated Goods and Services Tax” (IGST) means tax levied under the IGST Act on the supply of any goods and/ or services in the course of inter-State trade or commerce.

First In, First Out (FIFO) is an essential inventory valuation method used in accounting and asset management. The core principle of FIFO is straightforward: the items that are purchased or produced first are also the ones that are sold or utilized first.