Share
Tax Software for CA
Overview of IGST, SGST, and CGST with GST ITC Adjustment
•
In this article, we explain all the aspects of taxation and GST in relation to each other. A taxation system comprises three main components: CGST, SGST, and IGST. For beginners, here is a brief explanation of exactly what these components are and how they affect the taxation economy of the GST. There are three types of goods and services tax: CGST, SGST, and IGST. Understanding Central and State Taxation under the GST System: CGST, SGST, and IGST. Recognise the fundamentals of SGST, IGST, and CGST, including their definitions, complete forms, and modifications to input tax credit. https://blog.saginfotech.com/meaning-of-sgst-igst-cgst
More episodes
View all episodes
ITR U Filing Conditions, Steps and Major Causes
01:35|The Indian government reported a notable reform for the assessee by presenting an ITR-U, which is an updated income tax return form. This new condition permits taxpayers to rectify and amend their taxation filing process within a great window of 24 months following the close of the appropriate Assessment Year (AY). This is especially useful for people who forgot their income tax debts in previous years, as the ITR U filing process enables them to update their tax returns and complete any special needs. read more - https://saginfotech.wordpress.com/2023/10/25/file-itr-u-online-last-3-years/Why Gen GST Online Software is Ideal for Filing GSTR-3B?
03:29|The CBIC has introduced the GSTR-3B form, which taxpayers use to report their monthly sales and purchases. To fill this form out accurately, it's essential to keep a careful record of all transactions that are also noted in two other forms, GSTR-1 and GSTR-2A/2B, to ensure everything lines up correctly. This guide is here to help you learn how to easily submit your GSTR-3B using the Gen GST online software. https://saginfotech.wixsite.com/about/post/gen-gst-online-software-gstr-3b-filingWhich One Offers the Best Features: Govt E-Way Bill Portal vs. Gen GST Software?
02:06|The Indian government has introduced a new online platform called the E-Way Bill portal to assist suppliers and transporters with their e-way bill processes. This portal aims to simplify the generation of e-way bills required for transporting goods. However, some important features are currently missing from the government portal. Adding these features could greatly benefit taxpayers and transporters by making it easier and quicker to create and manage their e-way bills. In this post, we also compare the Govt E-Way Bill portal and Gen GST Software to determine which one offers the best features. https://blog.saginfotech.com/e-way-bill-portalComplying with PF and ESI Regulations: A Key Responsibility for Indian Employers
03:20|Learn about PF and ESI regulations, a critical responsibility for Indian employers. In this post, we provide insights into payroll tax rules in India, an essential duty for fostering a fair workplace. Two key regulations include the Provident Fund (PF) and Employees' State Insurance (ESI), designed to support employees by encouraging savings and providing health benefits while ensuring businesses address their workers' needs. This guide aims to simplify the process for Indian employers, helping you understand and comply with PF and ESI regulations. By adhering to these rules, you can ensure a smooth payroll process, avoid potential penalties, and foster a positive work environment. Let's delve deeper into the key aspects of PF and ESI. https://saginfotech.blogspot.com/2024/12/importance-compliance-pf-esi-registration-employees.htmlEffective Method to Avoid Tax Penalties by Tracking GST Return Due Dates
02:47|In India, businesses must comply with the rules of the Goods and Services Tax (GST). A key aspect of this compliance is ensuring that GST returns are submitted on time. Missing deadlines can lead to serious consequences, including fines and other legal issues. To help avoid these problems, businesses can implement a simple system to track GST return due dates. Here are some easy steps to follow: understand the different types of GST returns, maintain a GST return filing calendar, regularly monitor the GST portal, and stay aware of late fees and interest charges. https://saginfotech.wixsite.com/about/post/tax-penalty-free-tips-tracking-gst-filing-due-datesStep-by-Step Guide to Download Gen Payroll Software with FAQ
01:27|In this guide, you will learn about how Gen Payroll Software can significant partner in helping to grow your business. We all examine the advantages of this software, explain how easy is to download software answer standard queries to make sure you have all the details that you have decided are right for you. With payroll management software, you can smoothly manage all your payroll and HR-related tasks, saving the time and money that would usually spent on these procedures. read more - https://saginfotech.wordpress.com/2024/11/19/gen-payroll-software-business-growth/Easy Guide to File a TDS Return Through Gen TDS Software
02:10|TDS return filing can present a difficult landscape when it concerns navigating complex tax calculations, submitting miscellaneous forms, and providing proper claims for income tax exemptions. For people who maintain limited familiarity with tax rules and regulations, managing the process of TDS compliance can be particularly difficult. As a result, seeking reliable and familiar assistance is highly advisable to ensure this process is completed efficiently and without mistakes. By using Gen TDS software users can e-file TDS compliance with reliable precision and efficiency. read more - https://saginfotech.wixsite.com/about/post/instructions-filing-tds-return-gen-tds-softwareOverview of Income Tax Forms 3CA, 3CB, 3CD, and 3CE and Penalties for Non-Compliance
02:50|In this post, we provide comprehensive information about Income Tax Forms 3CA, 3CB, 3CD, and 3CE in India. Under Income Tax rules, certain taxpayers are mandated to have their accounts audited as per Section 44AB. The auditor prepares and submits the audit report using the prescribed forms along with additional required details. These forms, including 3CA, 3CB, 3CD, and 3CE, are filed under Section 271B of the Income Tax Act. Failure to comply with the auditing or filing requirements may result in a penalty of 0.5% of the total sales, turnover, or gross receipts, subject to a maximum cap of INR 1,50,000. https://sag-infotech.mozellosite.com/blog/params/post/4723858/income-tax-forms-3ca-3cb-3cd-3ce-indiaKnow About the Gen Bal Software for Audit Management
01:35|Gen Balance Sheet is a user-friendly software designed to make balance sheets and profit and loss accounts easier for enterprises. The software simplifies the process and allows companies to observe the latest rules and regulations, making valuable resources for the organization. It allows corporations to operate effectively and have confidence in financial matters. In this article post, we have discussed how Gen BAL helps companies in their auditing functions while maintaining regulations. read more - https://saginfotech.wixsite.com/about/post/gen-balance-sheet-software-financial-audit-compliance