As a business owner or entrepreneur in India, understanding who qualifies as a taxable person under theGoods and Services Tax(GST) regime is crucial. A taxable person is any individual or entity engaged in business activities within India, regardless of whether they are registered or required to ...
Is every company liable to deduct TDS? All the companies andPartnershipfirms are liable to deduct TDS. Who could be liable to deduct TDS under GST law? If the total value of supply under a contract exceeds Rs 2.5 lakhs thenthe person/entitywould be liable to deduct TDS. ...
who are not liable to pay taxes in Indian Territory. The purpose of issuing UIN is that any amount of tax collected from the bodies/persons holding UIN is refunded back to them. However, in order to ensure that the GST is refunded and paid back to them, they need to be filing GSTR-...
This means, even if your card is stolen and misused you will not be liable to pay the laundered amount. Keep an eye on all the bills and reports. It is often found that people take more than 4 days to notice a sudden change in their expenses. Thus, constant monitoring of bills helps...
Regardless of whether the issuer is the US government or an exciting technology company, bonds pay the stated yield over their life and repay principle at maturity. For much of the 2009-2020 period, bonds were made even more ‘boring’ by the fact that yields themselves were very low. In ...
GST Return Filed By Certain Specific Registered Dealers GSTR-5 GSTR-5is a return form filed by non-resident foreign taxpayers for the business transactions carried out by them in India for a particular period. Non-residents foreign taxpayers are the taxpayers who do not have any business establ...