Post by: Renu Suresh in GST
GST Composition Scheme: A Comprehensive Guide The Composition Scheme is a straightforward and user-friendly arrangement within the GST framework designed to benefit taxpayers. It offers small-scale taxpayers the advantage of escaping the cumbersome GST procedures by enabling them to fulfill…
Post by: Shubham atkari in Income Tax
Difference Between Financial year and Assessment year The phrases “financial year” and “assessment year” are two extremely important terms that all taxpayers should be familiar with to file their taxes and tax returns in a smooth and hassle-free manner. Nowadays,…
Post by: IndiaFilings in Business Startup MCA
What is Minimum Alternate Tax (MAT)? Minimum alternate tax or MAT is applicable for Companies and Limited Liability Partnerships (LLPs) wherein the company or LLP is required to pay a minimum tax based on the book profit of the company.…
