How to file GSTR 1

How to file GSTR 1 Access the www.gst.gov.in URL. The GST Home page is displayed. Login to the GST Portal with valid credentials i.e. your userid and password The File Returns page is displayed. Select the Financial Year & Return Filing Period (Month) for which you want to file the return from the drop-down list. Read more about How to file GSTR 1[…]

Due Dates for filing GSTR-3B Return Changed with effect from 22nd Jan 2020

Due Dates for filing GSTR-3B Return Changed with effect from 22nd Jan’20 Until now, due date for filing GSTR 3B return was 20 th of every month for all tax payers. Now last date for filing GSTR 3B has been categorized on the basis of annual turnover of the taxpayers in the preceding year- Whose Read more about Due Dates for filing GSTR-3B Return Changed with effect from 22nd Jan 2020[…]

2020 Budget’s impact on total income and tax liability of individual

2020 Budget’s impact on total income and tax liability of individual  Budget 2020 has proposed a new tax regime by slashing income tax rates and changing the income tax slabs.   As announced in the new tax regime, 70 tax exemptions will be removed but the changed and new slab will be- Income between Rs 2.5 Read more about 2020 Budget’s impact on total income and tax liability of individual[…]

Cash Flow Format (Indirect Method)

Cash Flow (Indirect Method) Particulars Amount Amount A Cash Flow from operating activities  Net profit before tax and extra ordinary item —————- (+)/(-)non operating items included in net profit —————- (+) Loss on sale of fixed assets & investments —————– (-) profit on sale of fixed assets & investments —————– (+) decrease in current assets Read more about Cash Flow Format (Indirect Method)[…]

Financial Management

Nature And Scope of Financial Management —Financial management is such a managerial process which is concerned with the planning and control of financial resources. In the initial years of its development, financial management was concerned only with collection of funds for business. But according to modern viewpoint, not only collection of funds but also their Read more about Financial Management[…]