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Impact of GST on FMCG sector in India

by | May 23, 2021 | GST, SMEs, Taxation

No doubt, GST has bought several non-tax payers into the Tax bracket. But, what about some genuine and necessary sectors which have been affected because of the GST? It has vitalized some FMCG companies, but what about the rest? More or less of the FMCG sectors have...

GST Annual Return Form GSTR-9

by | May 23, 2021 | GST, SMEs, Taxation

GSTR 9 is an annual return to be filed once in a year by the registered taxpayers under GST including those registered under composition levy scheme. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST,...

Taxation of Dividends

by | May 23, 2021 | SMEs, Taxation

1. Dividend is ordinarily used to refer to any distribution made by a company to its shareholders out of its profits in proportion to the number of shares held by the shareholder concerned in the company.  2. Section 115-O (1): Tax on distributed profits of...

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