Capital gain can be understood as the net profit which an investor makes on selling any capital asset which exceeds the purchase price. This total value that one earns by selling any capital asset is taxable income as per the Income Tax Act 1961. For anyone to be eligible to get tax benefits in
The Electronic Way Bill enrolment or registration is quite a very easy process on the official portal of the Indian Government (ewaybillgst.gov.in or ewaybill.nic.in). For generating the GST Electronic Way Bill, the businesses need to get registered and also need to prepare/get a GST E-way bill every single time goods are transported which are
Lately, the Government of India has introduced a drastic change in its E-way bill generation mechanism on its E-way bill portal. It blocks the facility for those taxpayers who failed to file their tax returns for the last two months. Thus, if you fail to file your tax returns for two or more months
Electronic-Way Bill or E-Way Bill is a unique bill number and a document introduced under Goods and Tax Service (GST) and is generated for specific shipments/ movements of goods worth exceeding Rs. 50,000, both within states and interstates. A rule implied just three years ago forbids any GST registered person to transport/ ship goods
What are E-way bills? As of March 1st, 2018, the Government of India introduced a new amendment in the GST taxation process- the commencement of e-way bills. E-way bill is the shorthand form of its expansion- electronic waybill. When an individual/organization who is registered under GST rules and regulations needs to abide by the
Individuals, entrepreneurs and business concerns who are registered under GST need an additional electronic way bill for their product invoice and delivery challan when the total value of the products cross a certain threshold. Electronic way bills were introduced as part of the GST comprehensive taxations law and came into effect from 1st March
