Rudra Associates - Accounting and Tax Consultant

29/04/2024

Why to rush for last date. File your income tax return for F.Y. 2023-24 on time

02/01/2024

Click to start SIP

http://p.njw.bz/15390

14/02/2020

glitches 🤣

30/12/2019

27/12/2019

*After 10.01.2020 a late fee of Rs. 50 per day for non-filing of GSTR-1 up to a maximum of Rs. 10,000 per statement will be levied as per existing provisions. Therefore, the taxpayers are requested to clear any backlog with respect to GSTR-1 by 10.01.2020.*

20/09/2019

*GST UPDATE:*

*GST Council Meeting Outcome-*

1. Hotel Tariffs Rs. 7,500 and above GST at 18%.

2. Hotel Tariffs Rs. 1,000 upto 7,500 GST at 12%.

3. Hotel Tariffs below Rs. 1,000 GST at Nil rate.

4. Outside Catering GST rate reduced at 5%.

5. Diamond Job-work GST rate reduced at 1.5% and Other Job-work GST rate reduced to 12% from 18%.

6. Council amended rules regarding Refund by Appellate Authority.

7. Council amended rules regarding GST Practitioners and Consumer Welfare Fund.

8. Cups/Plates made from Flowers leaves GST rate Nil from 5%.

9. GST Annual Returns GSTR-9, 9A Optional for those with turnover upto 2cr for FY 17-18 & 18-19.

10. Those with turnover above 2cr to still file GSTR9.

11. No relief in case of GSTR-9C as it’s applicable only where turnover exceeds 2cr.

12. GSTR-9 also to be made “Saral”.

21/07/2019

Income Tax Return having few benefits.

1. Getting loan easily.
2. Getting refund of excess tds deduction.
3. Proof of financial stability while applying for visa.
4. Buying a high value insurance cover.
5. Feel good by contributing to conutry's growth.

So file your income tax return on time.