The guidance highlights that mismatches in turnover, ITC, or tax liability between books and returns can trigger audits and ...

Micro enterprises are defined as businesses with annual turnover of up to Rs 10 crore under the revised MSME norms.

Indore: Tax professionals and registered taxpayers in Madhya Pradesh have renewed their demand for a three-month extension of ...

India’s 73 million MSMEs contribute 30% to the GDP and 45% to the overall exports. The proposed reforms, which follow a cut ...

The audit uncovered large-scale mismatches and non-compliance in GST filings and payments. It highlights risks from ineligible ITC, return gaps, and weak departmental ...

The Union government is considering measures to ease the goods and services tax (GST) compliance burden for small businesses ...