GST Tax Audit | GS and CO Auditors

According to a new simplified new online GST registration process, individuals have to apply through a reliable GST portal for new GST registration certification in India where individual can avail assistance of professional giving GST service by paying certain online GST registrations fees.

If an individual is successful in availing the benefits offered by the portal then he/she can get the GSTR number as a proof that he/she is eligible to avail new GSTR number or has already availed a GSTR number.

New GSTR numbers are issued to all those individuals who are legally resident in Indian territory and have been in the country for at least 6 months.

Individuals who are required to obtain new GSTR number in India must have some sort of valid income source and must have filed their income tax returns in the last three years.

In case you are an eligible individual to avail of new GSTR number but cannot get it because you cannot find it on your tax returns or if you are not satisfied with the status of your application then the best way to solve your problem is to get a tax advisor and ask him/her to make a new GSTR application for you.

A tax advisor will be able to explain to you the entire process involved and will also be able to make you aware of all the formalities involved.

Goods and services tax is a form of an indirect tax regime and has replaced any form of indirect taxes such as central excise service tax, VAT and entertainment tax etc.https://www.launchora.com/story/5-things-an-entrepreneur-should-know-about-gst

Company registration in India begins with the selection of a conducive business structure for the business.

Also, the most important question is how to do online company registration in India?Before starting the main topic let us suggest that if you are in the Yamuna Nagar area and want to register your company then visit the office of company registration in Yamuna Nagar for registration now!Different types of company registration in Indiaprivate Limited companyone person companylimited liability partnershipChoosing the right business structure for company registration in India:When you are going for company registration in Yamuna Nagar or any other place in India it is important to choose your business structure carefully while registering your company.. For example, One Person Company and Private Limited Company have to file annual returns along with income tax returns with the Registrar of Companies.

Hence, it is important to choose the right business structure while thinking of company registration in India.Important things to keep in mind while choosing the right business structure before registering a company in India:Risk: All organizations convey some level of hazard, risk and entrepreneurs will need to pick a design that shields their own resources from business liabilities.Taxation: Another important aspect to consider is taxation.

To help you read further: What is beneficial from the taxation point of view Private Limited, OPC or LLP.Complexity: To choose a business structure, it is important to check the complexity of the process, list of requirements, compliance, etc., before selecting the right structure for registering your company in India suggested by the experts at company registration in Yamuna Nagar.An entrepreneur should have a clear idea of what kind of legal compliance he is prepared to deal with.

For example, an investor may be hesitant to lend money to a sole proprietorship firm.

), investors will be more comfortable investing.Benefits of registering a company in India:The Government's Make in India initiative offers significant opportunities for Indian and foreign investors.It is very easy for foreign nationals to invest directly in Indian companies through an Indian subsidiary.The government is giving incentives to promote investment in Make in India.The “Ease of Doing Business” initiative of the government helps in making India a manufacturing hub.The young and skilled generation helps to run the business and make it a successful enterprise.So now as you all set for company registration one thing you must know about is digital signatures.

Get IRS tax Advisor, tax help,Tax resolution problems, IRS tax relief, audit representation and tax problem resolution.

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Ahead of the GST Council Meet on December 18 market experts spooked on the implications of GST Tax Slabs, and shared their viewpoints in an interview to the CNBC TV 18.Sources are suggesting that the Government is likely to increase GST tax rates in order to increase its revenue collections.

Is it the right time to increase GST Tax Slabs?.

Q: The received wisdom from economy says that 5 and 12 per cent are only contributing about 10 or 20% of GST.

If resource mobilisation is a goal should we worry 18% category could be touched or could be hiked?On this, the expert said we could notice the divided views.

Some were expecting at least 22 per cent.

You have real estate, transportation, restaurants, fertilizers, medicines and so many items can it be increased to 8% that’s an issue for each product, category, each industry will have to look at.However, saying that these are the 20 products that deserve to be tax at a higher rate.

Goods and Services Tax (GST), a major tax reform in the history of independent India, has marked its 2nd anniversary on July 01, 2019.

Before GST was implemented, India had a web of many indirect taxes complicating the entire tax administration.

It was also the reason why many people didn’t even want to register their businesses for tax purposes.

But on July 01, 2017, GST was rolled out in the country after long delay of 17 years.

Interestingly enough, Congress had promised roll-out of GST in its 2009 manifesto.

4.42 lakh crore in 2017-18 to Rs.

GST REG-01 is a Application for Registration.

GST REG-02 is a Acknowledgment.

GST REG-03 is a Notice for seeking additional Information/ clarification/ documents relating to application for (registration/ amendment/ cancellation).

GST REG-04 is a Clarification/ additional information/ document for (registration/ amendment/ cancellation).

GST REG-05 is a Order of rejection of application for (registration/ amendment/ cancellation.

GST REG-06 is a ( Registration certificate ).GST REG-07 is a ( Application for registration as tax deductor at source (u/s 51) or tax collector at source (u/s 52) ).

If you want to manage all accounting works of small businesses in Singapore, you should better know the legal norms of ACRA (Accounting and Corporate Accounting) and IRAS (Inland Revenue Authority in Singapore) first.

But, many SMEs in Singapore do not find it easy to calculate income tax and GST tax as per the guidelines of the authorities.

However, they have to look to alternatives that can help them to fulfill their business accounting needs.

If you are also facing accounting issues in business and want to streamline it well, you should contact the licensed accounting service agencies in Singapore.

In the country, you will find many private and government-approved accounting and taxation service agencies.

They are available to serve you all ranges of accounting services, financial solutions, tax planning, bookkeeping, and corporate solutions too.Let’s take a look at some key accounting needs of SMEs in Singapore that can be fulfilled by the best accounting service agencies in the country.