Taxation
GST Amnesty Scheme in India: Penalty Waiver & Relief Guide
Many businesses in India find GST compliance challenging. They often struggle with missed return filings, pending dues, or high late fees. Penalties and legal notices frequently follow these defaults. As a result, the Amnesty GST Scheme offers relief by allowing taxpayers to clear past dues with reduced penalties and interest. The GST Amnesty Scheme is […]
#amnesty scheme gst
Srihari Dhondalay
March 26, 2026 at 06:47 PM
How to File Amendment in GST Registration in 2026?
Businesses evolve with time, and their registration details may change after initial incorporation and GST registration. A company may shift its registered address, update bank account details, add or remove partners/directors, or modify its business structure. In such cases, businesses must update their details through an amendment in GST registration on the GST portal. Filing […]
#amendment in gst registration
Joel Dsouza
March 18, 2026 at 03:12 PM
Benefits of GST in India: Advantages & Disadvantages of GST
India’s tax landscape changed significantly on July 1, 2017, when the Goods and Services Tax (GST) replaced a dozen indirect levies, namely excise duty, VAT, service tax, entry tax, and more. Since its introduction, businesses, traders, and consumers have debated its true impact by pondering the advantages and disadvantages of GST. The primary objective of […]
#benefits of gst
Srihari Dhondalay
March 12, 2026 at 06:06 PM
RTGS Timings in India: Latest Transfer Time, Limits & Rules
India processes millions of high-value digital transactions every day, with nearly 698 million RTGS transactions recorded by December 2025 (as per PIB). The Real-Time Gross Settlement (RTGS) system, managed by the Reserve Bank of India (RBI), enables individuals and businesses to transfer large sums quickly and securely. For such high-value payments, understanding RTGS timings is […]
#rtgs timings
Srihari Dhondalay
March 10, 2026 at 05:39 PM
Old vs New Tax Regime in India: Comparison for FY 2026-27
Every year, salaried employees, business owners, and freelancers across India face an important tax decision: old vs new tax regime, which one should you choose? The difference between the old and new tax regimes goes beyond simply comparing tax rates. It also depends on how your income, investments, deductions, and exemptions affect your overall tax […]
#old vs new tax regime
Joel Dsouza
March 10, 2026 at 01:54 PM
Income Tax Refund Delay: Reasons, Status & Faster Refund Tips
Income tax refund delay can be stressful, especially when the money you’re owed seems stuck. According to data released by the Income Tax Department, for the Assessment Year 2025–26, around 8.8 crore income tax returns were filed in India. Of these, about 24.6 lakh returns were still pending processing for more than 90 days as of early February 2026. This […]
#income tax refund delay
Srihari Dhondalay
March 05, 2026 at 06:13 PM
ITR Processing Time for AY 2027-28: Refund & Status Guide
Every year, millions of Indian taxpayers wait anxiously to know their ITR processing time and refund status. The Central Processing Centre processed over 8 crore Income Tax Returns for AY 2025-26, yet nearly 63 lakh returns remained under processing at the time of reporting. These numbers prove that delays can happen even when systems work […]
#itr processing time
Joel Dsouza
March 05, 2026 at 04:49 PM
GST Reforms in India: Rate Changes, Slabs, and Key Impact
On July 1, 2017, the Goods and Services Tax (GST) was launched, marking India’s most significant indirect tax reform since Independence. The GST reforms unified central and state taxes, creating a common national market and reducing tax cascading. The 2025 reforms, known as GST 2.0, were approved at the 56th GST Council meeting led by Finance […]
#gst reforms in india
Srihari Dhondalay
February 26, 2026 at 04:54 PM
Cement HSN Code and GST Rate in India (2026 Update)
Cement is the most essential material in construction and infrastructure projects, and its taxation directly impacts project costs. In India, knowing the cement HSN code and GST rate is essential for businesses and contractors. Cement and related products fall under the Harmonized System of Nomenclature (HSN) code 2523. This HSN classification sets the GST rate […]
#cement hsn code and gst rate
Joel Dsouza
February 24, 2026 at 05:03 PM
How to Check & Download E-Way Bill History Online in India?
Suppose you are a manufacturer in Delhi. You supply electronic items worth Rs. 75,000 to a buyer in Jaipur. In this case, you need to get an e-Way Bill download under GST because the consignment value (aka total value) exceeds Rs. 50,000. An e-way bill is required to record and monitor the movement of goods […]
#e way bill tracking
Joel Dsouza
February 21, 2026 at 02:49 PM