DhanTax Team

Startup funding News:- Edtech startup Filo raises $23 million in funding led by Anthos Capital

Instant live tutoring startup Filo said on Thursday that it has raised $ 23 million in a funding round led by Anthos Capital. The round also saw participation from existing investor Better Capital along with GSV, Sapling Capital, and a host of well known individual investors including Gokul Rajaram, Rob Frohwein (cofounder Kabbage), Mate Pencz …

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New Registration and Amendment of Address for existing GST Registration requires Geo Location on GST Portal: GSTN

According to GST Act and Rules, In case of any changes to the address of principal place of business or any additional place of business, GST FORM REG-14 can be filed. For changes to address, proof of address for the new location must be provided in the GST registration amendment application. All changes to address …

New Registration and Amendment of Address for existing GST Registration requires Geo Location on GST Portal: GSTN Read More »

Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Customs (Import of Goods at Concessional Rate of Duty-IGCR) Rules, 2017

In a significant step towards Atmanirbhar Bharat, Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Customs (Import of Goods at Concessional Rate of Duty-IGCR) Rules, 2017 and introduced end to end automation of the procedure involved. Towards this end, the online portal has gone live on www.icegate.gov.in today. Importers desirous …

Central Board of Indirect Taxes & Customs (CBIC) has reduced the compliances required under the Customs (Import of Goods at Concessional Rate of Duty-IGCR) Rules, 2017 Read More »

All important changes related to QRMP Scheme, E-invoicing, ITC availment, e-way bill in GST w.e.f. January 1, 2021

DhanTax is  highlighting of all important changes related to QRMP Scheme, E-invoicing, ITC availment, e-way bill, etc. under Central Goods and Services Tax Act, 2017 (“CGST Act”) and Central Goods and Services Tax Rules, 2017 (“CGST Rules”), effective from January 1, 2021, as below:  Notification No. Topic/Section/ Rules of CGST Act/ Rules Change effective from January 01,2021 E-invoicing …

All important changes related to QRMP Scheme, E-invoicing, ITC availment, e-way bill in GST w.e.f. January 1, 2021 Read More »

Didn’t file your Income Tax Return? Relax! ITR due date is not over yet

the taxpayers also got the opportunity till July 31, 2020 to make tax-saving investments, before filing their return of income. As a result, to provide ample time to taxpayers to file their return conveniently, the due date of filing ITR for the AY 2020-21 was first extended to November 30, 2020 and subsequently to December …

Didn’t file your Income Tax Return? Relax! ITR due date is not over yet Read More »

Burger King IPO opens today: Should you buy this Whopper? Check bid price, lot size, details

Burger King and its promoters are looking to raise Rs 810 crore in the IPO through a combination of a fresh issue and an Offer For Sale. Burger King India’s IPO will open for subscription today. The fast-food major is just a little over half-a-decade old, and is one of the fastest growing quick service …

Burger King IPO opens today: Should you buy this Whopper? Check bid price, lot size, details Read More »

Government puts off penalty provision for not using QR codes on GST invoices

The provision was to penalise businesses not using QR codes on their invoices from December 1 but now it would come into force from April 1. However, the penalty waiver is contingent on businesses using QR codes from the start of the next fiscal year. The move is aimed at promoting digital payment in business …

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Goods and Services Tax Network enables option for opting quarterly filing of GST returns with monthly payment of GST

This form for opting in the scheme shall be made available from the 5th of December 2020.  The Goods and Service Tax Network (GSTN) has enabled the option for opting for quarterly filing of GST returns under the quarterly return with the monthly payment (QRMP) scheme. The GSTN announced that for the small taxpayers with …

Goods and Services Tax Network enables option for opting quarterly filing of GST returns with monthly payment of GST Read More »