The shift to system-driven GST compliance has made spreadsheet-based ITC reconciliation ineffective, pushing businesses toward automation for accuracy and early mismatch ...

Indian residents using a US LLC must treat global LLC profits as taxable in India, even if funds remain in a US bank, with careful attention to entity classification and foreign tax ...

India’s 73 million MSMEs contribute 30% to the GDP and 45% to the overall exports. The proposed reforms, which follow a cut ...

Micro enterprises are defined as businesses with annual turnover of up to Rs 10 crore under the revised MSME norms.

The holiday season will soon come to a close, but the busiest time of the year for product returns is just beginning. The National Retail Federation estimates 17% of holiday purchases will be sent ...

The Union government is considering measures to ease the goods and services tax (GST) compliance burden for small businesses ...

There were some highs amid a lot of lows in a roller coaster year for clean energy as President Donald Trump worked to boost ...

A Bengaluru-based entrepreneur named Rohit Shroff said that he plans to move out of India in 2026, alleging that the "flawed" ...

The recent imposition of tariffs by large economies serves as a stark reminder of this volatility - wroted the Ambassador of ...

The NSE Nifty 50 and BSE Sensex opened in green on Thursday. The Nifty 50 opened 0.17% higher at 26,173.30 and Sensex opened ...

The annual compliance process for GSTR-9 and GSTR-9C has seen major changes, with frequent notifications and clarifications ...

Every Goods and Services Tax (GST) registered person needs to file GST annual return using GSTR-9 form on or before December 31, 2024, for FY 2023-24. However, for FY 2017-18, 2018-19, 2019-20, ...