Explains how foreign earnings must be reported as business income, converted at the correct exchange rate, and supported with documentation. Key takeaway: GST applies only once turnover crosses ₹20 ...

The GST Council has decided to simplify the GST registration process for small and low-risk businesses, introducing an optional scheme for automated registration within three hours for eligible ...

Notification 18/2025 speeds up GST registration with Rule 9A's 3-day electronic approval for low-risk applicants. It also introduces the Rule 14A simplified scheme for small taxpayers (monthly tax ...

India introduced the Goods and Services Tax (GST) on July 1, 2017, marking a historic change in the country's tax system. Before GST, people and businesses had to deal with different indirect taxes ...

Starting or operating a small enterprise in India takes more than discovering customers—it also entails dealing with the nation's tax regime, particularly the Goods and Services Tax (GST). Whether to ...

The Goods and Services Tax (GST) was implemented by the government in July 2017 to replace various existing indirect taxes including excise duty, VAT, purchase tax, and service tax. Under the GST ...

The Goods and Services Tax Network (GSTN) on December 8, 2024 issued a notification regarding biometric-based Aadhaar authentication and document verification for GST registration in Haryana, Manipur, ...

Finance Minister Nirmala Sitharaman has directed tax officials to streamline GST registration, refund processing, and grievance redressal mechanisms. She emphasized faster cargo clearance to boost ...

Trying to get a business loan can feel like hitting a wall. Banks want proof to check if your business is real and active, and your financial reports might not be enough. The solution? Your GST ...