Articles by CA Umesh Sharma

Important Things from GST Aspect To Remember This March 2023 ending

CA Umesh Sharma 27 March 2023 at 15:18

The taxpayers are curious as to what shall be done before this year end to better prepare for the new financial year 2023-24. How should a taxpayer prepare himself for this year's march ending.

Relief to Small and Medium Taxpayers in State Budget

CA Umesh Sharma 23 March 2023 at 08:50

Maharashtra State Budget was presented by Deputy Chief Minister (Finance)Shri Devendra Fadnavis on 9th March 2023. It was based on 'panchamrit' (five) principles with a focus on Farmers, Women, Youth, Employment, and Environment.

Important things from Income Tax aspect to consider this March ending!

CA Umesh Sharma 22 March 2023 at 06:49

Important tasks of income tax that should be undertaken before this March end has been listed in this article.

Enjoy the colors of GST and Income Tax in this Holi

CA Umesh Sharma 07 March 2023 at 07:59

Holi is the festival of colours. It signifies the triumph of good over evil. On the occasion of Holi, which colours have the government brought in GST and Income Tax?

Impact of Changes in ITR Forms for FY 2022-23!

CA Umesh Sharma 27 February 2023 at 14:16

New ITR forms have been notified by CBDT on 10/02/2023 and 14/02/2023, what is your view on that

GST Amnesty Scheme proposed in 49th GST council meeting

CA Umesh Sharma 20 February 2023 at 14:12

GST Council Meeting held on 18th February 2023 recommended various GST amnesty schemes and certain changes in tax rates along with rationalization in Late Fees for Annual return were also proposed.

Digital Sikke(Rupee) ......... Ke do(2) Pehlu(sides)

CA Umesh Sharma 16 February 2023 at 15:26

Motive of the government behind the implementation of the digital rupee is to reduce the cash transaction in the system.

Beware of impact for delayed payment to MSMEs and its impact in Income Tax, GST and other laws

CA Umesh Sharma 15 February 2023 at 08:51

There have been a lot of talks about the new provision that the government has proposed to bring for boosting the MSME Sector.

Old Tax Regime or New Tax Regime - Which one is better?

CA Umesh Sharma 13 February 2023 at 16:40

Honourable Finance Minister Mrs Nirmala Sitharaman had declared the Finance Budget of 2023-24 on 01st February in the Lok Sabha. Why there is a lot of discussion going around the Old Tax Regime and New Tax Regime of the Income Tax regime?

Digital Rupee: A new way of online transaction without Bank Account

CA Umesh Sharma 25 January 2023 at 14:37

RBI launched Digital rupee and it is considered as a mean to implement monetary policies to provide stability, control growth, and influence inflation.