The method of paying taxes can be a bit tiresome. It takes an ample amount of time to file GST periodically, as per the set norms. Hence, the introduction of the Composition Scheme under GST provides a cushion to the taxpayers. This scheme enables the taxpayers to easily pay their taxes, without proving to be a […]
GST impact on startups is more positive for better growth of a business. In December 2014, the bill of Goods and Service Tax (GST) was introduced in Lok Sabha. GST is payable on the transaction value, which includes:
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When a business is started, the tax department can demand different types of processes and registrations that revolve around VAT. Although this was the traditional method of starting a business, going through different files and taking up certain fees was a tedious task. To have a centralized process and to take away the pain of multiple […]
