# latefee
5 posts in `latefee` tag
DIR-3 KYC Deadline Extended to October 31, 2025 – No Late Fees
The Ministry of Corporate Affairs (MCA) has extended the DIR-3 KYC deadline to October 31, 2025. This allows directors to file without incurring the ₹5,000 late fee and avoid DIN deactivation. Learn who needs to file, which form to use, and why early action is crucial.
Scheme for Waiving Late Fees on GSTR-9 and GSTR-9C: File by March 31, 2025
For GSTR-9 and GSTR-9C filings, the GST administration has implemented a late fee relief program. To avoid penalties, submit your unfiled taxes by March 31, 2025. The waiver terms, the revised late charge schedule, and how to file your returns are all explained in this blog.
GST Amnesty Scheme: Essential Elements & Due Dates
The GST Amnesty Scheme is a relief initiative by the government for taxpayers who have missed GST return filings or face compliance issues. This blog explains its key features, eligibility, advantages, and deadlines to help businesses take advantage of the scheme and avoid penalties.
The relief for taxpayers is the elimination of late fees for 'Nil' GSTR-7 filings
For 'Nil' GSTR-7 filings, the Goods and Services Tax Network (GSTN) has eliminated late costs, which is a comfort to taxpayers. Businesses and individuals that do not have TDS deductions during a tax period will find compliance easier as a result of this change. Find out about 'Nil' files, GSTR-7 filings, and the advantages of this waiver for taxpayers.
GST Composition Scheme: A Simplified Tax Payment Option for Small Businesses
Instead of paying tax on each transaction, small firms can opt for the GST Composition Scheme, which is a tax payment scheme that allows them to pay a predetermined proportion of their sales as tax. The purpose of this program is to facilitate small business operations and lessen the burden of compliance for them.