Goods and Services tax Archives

GST TDS vs Income Tax TDS: Key Differences You Must Know

TDS, or Tax Deducted at Source, is a common term in the world of taxation. But did you know that India has two major types of TDS — one under the Income Tax Act, and another under the Goods and Services Tax (GST) regime? While both are meant to ensure tax compliance and prevent tax evasion, TDS under GST and […]

A Brief on recent development of GST Registration and its benefits

March 11, 2023 Admin Goods and Services tax, GST

The Goods and Services Tax is an indirect tax that is primarily levied by the government on the provision of goods and services rather than a person’s income, profit, or revenue. Several central-level taxes, including the Central Excise Duty, Sales Tax, Service Tax, and Special Additional Customs Duty, are included in the GST. as well as state-level taxes like the […]