GST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule.
Banks now analyse GST returns, bank statements, and ITR data to assess financial discipline and repayment capacity before approving loans. The article explains how GST compliance directly impacts MSME ...
Representation addressed to Union Finance Minister, GST Council and CBIC seeks legislative and administrative relief for bona fide GST recipients facing denial or reversal of Input Tax Credit (ITC) ...
The proposed move aims to reduce GST mismatches and tighten compliance by limiting manual changes in GSTR-3B once returns are ...
The IRS Direct File program is no longer available. (Photo by Tasos Katopodis/Getty Images for Economic Security Project) We knew that it was coming, but now we know for sure: Direct File, the free ...
What changed?: Businesses must now upload detailed invoice-level data in JSON via Annexure-B for GST refund claims, enabling upfront automated validation. Why it matters: The move aims to reduce ...