So, as an alternative, small businesses have the option to opt for a composition scheme, which simplifies GST filing for them. A few business categories are exempt from opting for this scheme.

The finance ministry has implemented several measures to simplify income tax ITR filing and GST processes for small taxpayers ...

New Delhi, July 13 -- Chartered Accountant Vijay Kumar breaks down when and how to register for GST, covering key triggers, e-commerce rules, composition scheme, and return filing process ...

The Ministry of Finance has launched several initiatives to simplify income tax and GST filing processes for small taxpayers.

A regular business can file either monthly returns or annual returns under GST. The total of this comes to around 26 returns in a single financial year. How to calculate late fees for GST?

The GST composition scheme is available to taxpayers whose aggregate turnover, in the preceding financial year, has not exceeded Rs 1.5 crore. For taxpayers in special category states, this limit ...

The GST composition scheme is available to taxpayers whose aggregate turnover, in the preceding financial year, has not exceeded Rs 1.5 crore.

The GST composition scheme is available to taxpayers whose aggregate turnover, in the preceding financial year, has not exceeded Rs 1.5 crore.

Finance Ministry should identify high-risk taxpayers in the GST composition scheme: CAG After analyzing data from 8.66 lakh composition taxpayers under central jurisdiction during the 2019-20 to ...

CAG urges Finance Ministry to identify high-risk taxpayers in GST composition scheme to prevent tax evasion effectively.