Transitional credit mainly relates to input tax credit of the old taxation system that businesses could claim in the GST regime
3 min read30 Mar 2018The move comes at a time when the government is worried about revenue losses due to tax evasion under the GST regime
1 min read28 Mar 2018Around 59.51 lakh GSTR 3B returns were filed for February till 25 March, which is about 69% of total taxpayers who are required to file monthly GST returns
1 min read28 Mar 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared