In the dynamic landscape of taxation, staying abreast of the latest developments is crucial for businesses to ensure compliance and foster growth. GST, or Goods and Services Tax, has undeniably transformed the Indian tax system, but its nuances can sometimes pose...
Home bakeries are one of the most successful business ventures that begin in the kitchen and have the ability to span borders. With numerous honours, incentives, and recognition, home bakers are emerging as the most promising entrepreneurs in the twenty-first century,...
On July 11, 2023, the Goods and Services Tax Council, headed by Finance Minister Nirmala Sitharaman, convened for the 50th time in New Delhi. The council evaluated a wide range of modifications in tax rates for certain commodities and services. The Council also...
The new CBIC statement mandates enterprises with an AATO between Rs. 5 crore and Rs. 10 crore to create e-invoices beginning August 1, 2023. MPVD, being a responsible GST Consulting Company in Kolkata, plays a significant role in assisting businesses and entrepreneurs...
According to MPVD & Associates, a leading CA firm in Kolkata that provides comprehensive ITR filing services to new entrepreneurs across India, new entrepreneurs focus the majority of their attention on finding vendors, sales, and marketing but fail to recognize...
If your GST registration has been rejected, there is no need to panic. You can reapply for registration by identifying the reason for rejection. Expect to receive a communication from the GST department stating the reason for rejection. In most cases, seeking GST...
The Goods and Services Tax (GST), which is assessed on all goods and the majority of service-oriented businesses in India, was introduced at midnight on July 1st, 2017, in an effort to combine all central and state indirect taxes into a single tax. The new GST system...
Recent changes to the CGST Act and the income tax slabs under the new tax system were made by Finance Minister Nirmala Sitharaman in the Finance Bill 2023, which is part of the Annual Budget 2023–2024 presented on February 1, 2023. The adjustments range from raising...
A GST registration is one of the first steps in setting up a business in India, and if that application gets rejected in the first place, it is downright dooming for your dreams. But it doesn’t have to be that way, because you will get another chance to apply for...
We are glad that you preferred to contact us. Please fill our short form and one of our friendly team members will contact you back.