Growth Ideas

  PAN - AADHAR LINK Are you tired of thinking of PAN-AADHAR Linking process? Then read the following and connect with us. You will be free of tension regarding PAN-AADHAR linking process with a proper solution.  To Link PAN-AADHAR - following points to be noted.  👉 PAN Card Copy 👉 Aadhar Card Copy 👉 Mobile Number 👉 Spelling wise details should be same in both PAN & Aadhar (Name and DOB) 👉 Govt. Late Fees (Penalty) : Rs. 1,000/-  👉 Our Professional Fees : Rs. 😊           Notes : 1) If both details are 100% matching, then it will take minimum 2-3 working days to validate & Link.  2) Any mismatch in PAN or AADHAR, Then the wrong document (Either PAN or AADHAR) must be updated first and after that only we can request for link. 3) If PAN-AADHAR not linked on or before 30-06-2023, PAN will be disabled from 01/07/2023, thereby all the works based on PAN will be inoperative.  4) You can re-Activate PAN by paying Rs. 1,000/- within 30 days from the date of in operation on PAN and

  Amnesty Scheme is Live now... MGSTD has launched Amnesty Scheme 2022 to settle the disputes in respect of VAT and Allied Act prior to 30th June 2017. Avail this great opportunity to settle the disputes of tax prior to GST at earliest.   👉 Scheme  is devided in to 2 Parts  : (i) Arrears for the period  From 01/04/2005 to 30/06/17 & (ii) Arrears for the period up to 31/03/2005    👉  Demand  Arrears as  on  01/04/2022  are  eligible for  Amnesty Scheme 2022. 👉 Only Disputed demand will get certain waiver under thios scheme. Undisputed Arrears to be paid fully.  👉  Arrears up to Rs. 10,000/- Completely waived off (No Need to apply in this scheme) 👉  Demand  Arrears up to Rs. 10,00,000/- can opt for lumpsum option & pay 20% of total dues.   👉  Demand  Arrears up to Rs. 50,00,000/- can opt for One Time Payment Option as per Annexure A & Annexure B. 👉  Demand  Arrears above Rs. 50,00,000/- can opt for Instalment option as per Annexure A & Annexure B. 👉 Amnesty Sch

PAY YOUR GST ONLINE - STEP BY STEP PROCESS # Remember the 11th Point.   Pay GST online with your net Banking.. Here are the procedure to follow step by Step.  1) Go to https://services.gst.gov.in/services/login 2) Then login with GST USER ID & Password 3) On Dashboard, Click on  CONTINUE TO DASHBOARD  & then  Click on PAY TAX. 4) Select  Any Other Payment  and click on  PROCEED.   5) Then go to  CHALLAN HISTORY  option there (3rd option) 6)  There you will find latest challan created with the amount and validity period 7) Click on CPIN mentioned in blue colour of the respective Challan 8) Select Net Banking or Credit/DebitCard*  Options. - Presently applicable for 10 states in India  ( *Debit Card / Credit Card through Kotak Mahindra Bank Platform,  To know Applicable Transaction Charges  Click here . 9) Select your Bank from the list of Banks Available & Tick Terms & Conditions Apply 10) Click on Make Payment. 11) Afterwards work is yours....Page will redirect to your

 Income Tax Department has announced a new statement - AIS (Annual Information Statement) This will give you all details (well almost all!) about YOUR financial transactions during the year.                   What is AIS (Annual Information Statement)? You know earlier Income Tax used to give statement 26AS. AIS is a much detailed one - with many more details included - like your Savings Interest, all Mutual Fund transactions during the year etc.        Will 26AS be stopped? May be stopped in coming future. As per the Notification, 26AS will conitue to be operational until AIS become fully operational after getting the feedbacks from the stake holders. a) Now you can get both 26AS and also AIS. b) Both put together, Income Tax department knows all your financial transactions. c) You will find it very easy to know and submit details for your Income Tax returns.      How to access my AIS? a) Log in to your Income Tax account at http://incometax.gov.in b) Go to Services Tab c) Last option

  GST LATE FEES REDUCED..... J une 2021 onwards, no need to worry about much of the GST Late Fees. GST Late fees have been reduced with some considerations. However we are not telling that not to pay GST in time. PAY TAX IN TIME AND RELAX. As per the Notification No. 19/2021 – Central Tax, Dt. 01/06/2021 , it is said that maximum late fees for delay in filing GSTR 3B have been reduced to some extent. Let's see what is in it.. For Register Tax Payers having,  👉 NIL TAX LIABILITY : Maximum of Rs. 500/- per  Return (CGST Rs. 250/- + SGST Rs. 250/-) 👉 Turnover up to Rs. 1.5 Cr. in previous F.Y., (having tax liability)  : Maximum of Rs. 2,000/- per  Return (CGST Rs. 1,000/- + SGST Rs. 1,000/-).    👉 Turnover up to Rs. 1.5 Cr. to Rs. 5 Cr.  in previous F.Y. , (having tax liability)   : Maximum of Rs. 5,000/- per  Return (CGST Rs. 2,500/- + SGST Rs. 2,500/-).  👉 Turnover more than Rs. 5 Cr.  in previous F.Y. , (having tax liability)  : Maximum of Rs. 10,000/- per  Return (CGST Rs.

GST AMNESTY SCHEME 2021 Hurray....!😃 The big relief for the GST Tax payers yet again introduced by the Central Government. This may the last chance to utilize the opportunity.   So..What is in it..? Let's get started... 👉 Applicable for : GSTR 3B Returns pending. 👉  Applicability Period : JULY 2017 to APRIL 2021 💥Condition : Pending GSTR 3B Returns for the period from JULY 2017 to APRIL 2021 shall be filed between 01/06/2021 to 30/11/2021 (extended Date) as per  Notification No. 33/2021, Central Tax, dt. 29/08/2021 . Earlier it was till 31/08/2021 via  Notification No. 19/2021, Central Tax, dt. 01/06/2021 .  What says this GST Amnesty Scheme..?   Normally Amnesty means there should be something beneficial. Isn't it? YES. There are benefits in the scheme as regards LATE FEES which is always be a big liability and headache for the tax payers. 👌 REDUCTION IN LATE FEES : Somehow happy news...!  Having Tax Liability as NIL : Maximum Late Fees capped (restricted) to Rs. 500/-