Ram Sharma, Author at Tax Guide

GSTR-3B: Edit Option to Be Removed from July 2025

Important Update GST Portal provides a pre-filled GSTR-3B, where the tax liability gets auto-populated based on the outward supplies declared […]

The Income Tax Portal has enabled ITR-1 & ITR-4 Utilities for filing Income Tax Returns for the Assessment Year 2025-26.

Biggest Benefit •In Budget 2025, Finance Minister made an announcement that an individual earning up to ₹12 Lakh annually will

194S TDS is applicable on the payment for the transfer of Virtual Digital Assets (which include cryptocurrencies and non-fungible tokens).

Like GST and Income Tax, now Indian Railways is ready to implement mandatory e-Aadhaar authentication for booking Tatkal train tickets.

Cost Inflation Index (CII) is used to estimate the yearly increase in an asset’s price due to inflation. Indexation is

E-Way Bill also know as Electronic Way bill is a document to be generated online under the GST system, when

ICAI AI tool is an AI-powered Chabot developed by the Institute of Chartered Accountants of India to assist Chartered Accountants

Self Invoicing under RCM must be issue by the recipient of goods or services on behalf of the supplier as

What is AIS? AIS i.e., Annual Information Statement is a comprehensive record of a taxpayer’s financial transactions for a financial

Latest Update In view of the extensive changes introduced in the notified Income Tax Returns (ITRs) and considering the time

Tariff is generally tax imposed by a government on goods and services that are imported from other country. US President