Annual Compliance for Startup India Recognised Companies

Startups are key drivers of innovation, employment generation, and economic growth in India. To operate smoothly and maintain their legal standing, Startup India-recognised entities must comply with various statutory, tax, and regulatory requirements. Staying compliant not only helps avoid penalties and legal complications but also enhances business credibility, supports investor confidence, and ensures continued access to government benefits and incentives. […]

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Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)

Online Compliance Pertaining to Liability Difference Appearing in R1 – R3B (DRC-01B) (1)

1. According to information, the GSTN has developed a feature that will allow taxpayers to online explain the distinction between their GSTR-1 and 3B returns, as directed by the GST Council. This feature is presently live on the GST portal. 2.  The functionality thinks about the liability declared in GSTR-1/IFF with the liability paid in GSTR-3B/3BQ for each return period. […]

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