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What Are Interstate GST and Intrastate Supply Under GST?

The region of the provider, and the jurisdiction of the provided, decide whether we can categorise a supply as an intrastate or interstate GST....

How Are Gifts Taxed in India?

Gifts we receive are tax-deductible under regulations in the Income Tax Act. However, the income tax did not apply to gifts before 2003-04. In...

Learn About Income Tax Surcharge and Marginal Relief

India has a well-structured tax system. The government's largest source of revenue is taxes, and these funds are used for various projects and purposes...

What is the GST on Renting of Immovable Property?

The introduction of GST is an important tax reform that will unite the entire nation on taxation. While it has helped various industries, the...

A Detailed Guide on GSTR-2B: Auto-Drafted ITC Statement

The GSTR-2B form contains the auto-drafted ITC statement. It furnishes details on dedicated taxpayers every month. In August 2020, GSTR-2B was introduced with the...

What is Excise Duty?

Here in this article, we are going to discuss the excise duty. Excise duty is a type of indirect tax imposed by the government....

Rate of GST on Books and Newspapers

With the rise of modern-day technology, information data is now accessible at the touch of a button all over the globe. Gone are the...

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