Reading Time: 6 minutesGST Annual Return (GSTR-9 & 9C) for FY 2025-26: Due Date, Who Must File, Late Fees and Checklist Updated 24 October 2026 #GSTR9#GSTR9C#GSTAnnualReturn#FY2025-26 GSTR-9 and GSTR-9C for FY 2025-26 are due on 31 December 2026. The portal opened on 8 October 2026. Here is who must file, what changed, what a delay costs, and how
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Reading Time: 6 minutes🪔 Diwali 2026GSTITCIncome TaxGifting 🪔 Diwali 2026: GST and Income Tax on Gifts, Festival Expenses and Dhanteras Purchases Sweets, hampers, vouchers, bonus and gold coins all carry tax consequences. Here is who pays what, where ITC is blocked, and what changed under the new Income-tax Act. 📅 Law as on: 15 October 2026⏱️ Reading Time:
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Reading Time: 5 minutesClaim ITC on Flipkart purchases BBD 2026: Best Deals for Business Buyers and How to Claim ITC Buying a laptop, AC or printer in Big Billion Days? A valid GST invoice can bring back the 18% GST as input tax credit. Buy it wrongly and the credit is gone for good. 📅 Last Updated: October
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Reading Time: 8 minutesWhat is GST on Foreign Consultancy Services?GST on Foreign Consultancy Services is payable under Reverse Charge Mechanism (RCM) when an Indian business receives consultancy services from a foreign consultant. Who pays GST on Foreign Consultancy Services?The recipient in India pays GST on Foreign Consultancy Services under RCM and can claim ITC subject to eligibility. GST
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Reading Time: 2 minutesGST Rates on Furniture under HSN Chapter 94 cover seats, wooden furniture, office furniture, mattresses, lamps, lighting fittings, and prefabricated buildings. This article provides updated HSN codes with applicable GST rates and classification details. Chapter 94 under GST covers furniture, seats, bedding articles, lamps, lighting fittings, and prefabricated buildings. Below is the detailed list of
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Reading Time: 4 minutesBill To Ship To Under GST: Meaning, Section 10(1)(b), Examples & Case Laws (2026 Guide) The concept of “Bill To – Ship To” under GST is one of the most important yet commonly misunderstood provisions in Indian taxation. It applies in situations where goods are invoiced to one party but physically delivered to another. This
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Reading Time: 3 minutesGST invoice mandatory fields are defined under Rule 46 of the CGST Rules, 2017. Every registered taxpayer must issue a valid GST invoice containing prescribed details to ensure Input Tax Credit (ITC) eligibility and avoid penalties. Looking for GST invoice mandatory fields? This complete 2026 guide explains Rule 46, invoice format, penalties, and ITC rules
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Reading Time: 9 minutesThe Finance Act, 2026 (No. 4 of 2026) received the assent of the President of India on 30th March, 2026 and was published in the Gazette of India Extraordinary the same day. Spanning 121 pages and organised across five chapters, it gives legislative force to the financial proposals of the Union Budget 2026-27. Most provisions
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Reading Time: 5 minutesNew vs old tax regime 2026 comparison helps taxpayers choose the best option based on deductions, exemptions and tax slabs., The question every salaried taxpayer must answer at the start of each financial year — “new regime or old regime?” — has become more nuanced with Budget 2026. The new regime is now the default,
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Reading Time: 5 minutesSalary restructuring 2026 helps employees reduce tax by optimizing salary components like HRA, allowances and deductions., Most salaried employees receive their CTC as a fixed package and never question the split between taxable and non-taxable components. Yet the single most powerful lever you have to increase your take-home pay — without asking for a raise
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