# taxupdate
8 posts in `taxupdate` tag
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Latest GST Updates in India: What You Need to Know
This blog post provides a comprehensive overview of the latest GST updates in India, including changes to e-invoicing, GST rates, ITC, annual return filing deadlines, and more.
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2024: Managing GST Refund Requests: A Comprehensive Guide for Companies
This article offers a thorough overview of managing GST refund requests in 2024, including information on the revised procedures, qualifying standards, required paperwork, and filing guidelines. It also discusses typical errors and difficulties that companies go into while submitting GST refund claims. Keep yourself updated on significant developments to guarantee effective cash flow and tax law compliance.

The Most Important Changes to the New TDS Regulations for 2024
The Income Tax Department will implement new TDS (Tax Deducted at Source) laws on October 1, 2024, with the goal of reducing tax evasion and enhancing compliance. Raised TDS thresholds for independent contractors, new real estate sales regulations, cash payments, and rent payments to non-resident landlords are some of these modifications. To ensure that taxpayers stay compliant, this blog offers a thorough summary of all the latest regulations and how they affect different transactions.

Tax Alert: 5 Key Changes in TDS Provisions You Need to Know
Stay ahead of the tax game! Discover the 5 key changes in TDS provisions that impact you and your business. From salaried individuals to business owners, this blog post covers it all. Read now and stay updated!

Important Tax Deadlines for July 2024
As the first quarter of the 2024-25 financial year ends, it's essential for taxpayers and businesses in India to be aware of important tax deadlines in July 2024. This blog provides a comprehensive guide on critical due dates set by the Income Tax Department and GST authorities. It covers deadlines for TDS deposits, TDS certificates, income tax returns, and GST filings, helping you stay compliant and avoid penalties.
Navigating an Income Tax Notice Under Section 133(6): A Comprehensive Guide
This blog post provides a detailed overview of Section 133(6) of the Income Tax Act and how to handle an income tax notice issued under this provision. It covers the key points of the law, common reasons for receiving such a notice, and the steps to respond properly. The post emphasizes the importance of compliance, the consequences of non-compliance, and the role of professional assistance. Taxpayers will learn how to navigate the process of responding to a Section 133(6) notice to ensure they meet their obligations and avoid any adverse consequences.

Understanding Section 206C: Tax Collected at Source (TCS) in India
Tax Collected at Source (TCS) under Section 206C of the Income Tax Act, 1961, is a crucial aspect of the Indian taxation system. This blog provides an in-depth look at TCS, detailing the specified goods and transactions, applicable rates, exemptions, compliance requirements, and recent amendments. By understanding these provisions, businesses can ensure compliance and avoid penalties. Stay informed about the latest updates and implications of non-compliance with this comprehensive guide.

Important Modifications to Income Tax Rules for the Financial Year 2024-25
This article provides comprehensive insights into the recent amendments to income tax regulations for the fiscal year 2024-25. It covers changes in slab rates, rebate limits, surcharge rates, and other important aspects that taxpayers need to be aware of for effective tax planning.