Author: VK Iyer

News about New GST User for the next 2 Months

GST invoicing and Filing of Returns The GST Council has relaxed filing rules for the first two months’ post implementation. Here’s how to file your returns for these months using form GSTR-3B. The recently concluded meeting of the GST Council on June 18th brought some good news to business owners. […]

GST Slabs

GST Slabs total items covered 1211 1. Exempted = 7% of Items covered under exemption 2. 5% lowest Tax bracket = 14% of Items covered under exemption 3. 12% Slab = 17% of Items covered under exemption 4. 18% Slabe = 43% of Items covered under exemption 5. 28% highest […]

Tally ERP New Releases

What’s New in Tally ERP 9 Release 5.5.7 Highlights Revised VAT Rates Supported: Tamil Nadu We support the revised VAT rates of 25% and 34% for Schedule II goods in Annexure 4, Annexure 18, Annexure 22, and Annexure 23. TDS: Budget Changes 2017-18 Supported Use the new nature of payment […]