Blog tagged as GST Registration

Income Tax Deductions and Exemptions for Solar Panel Businesses in India

As the global focus shifts toward sustainable energy, India has taken significant steps to promote renewable energy adoption. To support this green transition, the Government of India has introduced several income tax deductions and exemptions for businesses investing in solar panel installations an...

13.06.25 05:29 AM - Comment(s)
GST Rate on Restaurant Services in Hotel: Changes Effective April 2025
The 55th GST Council Meeting, held on December 21,2024, brought significant changes to the regulations overseeing restaurant services in hotels
27.12.24 08:00 AM - Comment(s)
ESOPs and Their Tax Implications for Employees in India
Employee Stock Ownership Plans (ESOPs) are a popular way for companies to share ownership with their employees. They offer a unique blend of benefits, including potential financial gains and tax advantages.
15.11.24 06:18 AM - Comment(s)
Navigating the Changes in GSTR-3B for Reporting Ineligible Input Tax Credit
The Goods and Services Tax (GST) landscape is ever evolving, with frequent updates and changes to the reporting procedures. One of the critical aspects of GST compliance is the accurate reporting of Input Tax Credit (ITC) in the GSTR-3B form.
24.09.24 12:02 PM - Comment(s)
Reopening of Reporting ITC Opening Balance in GST Portal

1. Vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 (read with circular 170/02/2022-GST, Dated 6th July,2022), the Government introduced certain changes in Table 4 of Form GSTR-3B regarding availment & reversal of ITC along-with reporting of re-claimed and ineligible ITC. Accord...

21.09.24 02:40 AM - Comment(s)