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Basics on GSTR 10: Final return under GST

Written by Tushar Gupta, Team CNK RK A Notification passed by the government on 26th October 2018 has birthed a new form called GSTR 10 under GST Act. Many people …

Start-ups to find relief from the dreaded “Angel Tax”

The covenants of section 56 (2) (viib) of the income tax, better known as the Angel Tax, have been the bone of contention for many start-ups in the recent past. …

Understanding the 87A rebate : Budget 2019

Taxpayers found an unexpected bonanza in the budget in the form of increase in rebate under section 87A. The limit for such rebate has been hiked from the erstwhile Rs …

Budget 2019 : Updates

There were many hopes from The Union Budget 2019, given that 2019 is an election year. The middle class was hoping for tax rate cuts and there was talk of ...

GST/ Service Tax : July updates

Goods and Service Tax Central Goods and Service Tax Act, 2017 (CGST), Integrated Goods and Service Tax Act, 2017 (IGST) Notifications- CGST Notification seeks to make amendments (Fourth Amendment) to ...