March 2025 is crucial for GST compliance, requiring businesses to complete 16 key actions. These include reconciling outward supplies in Forms GSTR-1 and GSTR-3B, aligning input tax credit (ITC) and ...

Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...

The India SME Forum has recommended a phased IMS implementation similar to the e-invoicing transition, with a ...

Students are strongly encouraged to apply within their first month of study. GST/HST credit payments are issued in January, April, July, and October. Note: In order to keep receiving GST/HST payments, ...

Managing business expenses wisely is crucial, and leveraging the Input Tax Credit (ITC) system under GST can significantly reduce your tax liability. Entrepreneurship is all about smart financial ...