Important Update Taxpayers will not be able to modify values auto-populated in GSTR-3B from GSTR-1/1A/IFF or GSTR-2B as it will automatically derived from supplies declared in GSTR-1, GSTR-1A, or IFF. FORM GSTR-3B will be frozen from January 2025, as it changes the previous process where GSTR-3B could be filed even if GSTR-2B wasn’t available. Now, […]
Press Release of 55th GST council meeting Recommendations of the 55th GST Council Meeting The 55th GST Council meeting, chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, was held on December 21, 2024, in Jaisalmer, Rajasthan. The meeting was attended by Union Minister of State for Finance Shri Pankaj Chaudhary, Chief […]
Union Finance Minister Holds Pre-Budget Consultation in Jaisalmer Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired a pre-budget consultation meeting with Finance Ministers of States and Union Territories (with legislatures) in Jaisalmer, Rajasthan, on 20th December 2024. The discussions focused on suggestions for the upcoming Union Budget 2025-26, emphasizing enhanced collaboration between the Centre […]
If you’re in your 20s, you may think that financial planning is something you can put off until later in life. However, the reality is that the earlier you start developing sound financial strategies, the more successful you’ll be in achieving your goals and building wealth. In this article, we’ll go over some key financial […]
In a development that may encourage increased investment in commercial real estate, the Supreme Court granted the industry relief on Thursday by permitting the application of input tax credits (ITC) on construction expenses for commercial buildings meant for leasing. “If the construction of a building was essential for carrying out the activity of supplying services, […]
Are you ready to unlock the gateway to business success in India? 🇮🇳 Goods and Services Tax (GST) registration is not just a legal requirement—it’s your ticket to a world of opportunities. But for many entrepreneurs, the process can seem like a daunting maze of paperwork and procedures. Imagine navigating the GST registration process with […]
© 2024 Singh & Associates | All Rights Reserved.
