Question
Which GSTR form is primarily used by businesses to
summarize their monthly tax liabilities and claim input tax credits under Goods and Services Tax (GST)?Solution
GSTR-3B is the summary return that taxpayers must file regularly to show details of sales, Input tax credit (ITC) claims, tax liability, refunds, etc. recorded on their GSTIN.
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
What is the corporate tax rate for domestic companies in India?
As per the revision in GST rates under the GST reforms introduced by the government in 2025, the new GST tax slabs are ____
The stock market indices NIFTY and SENSEX are calculated on the basis of which of the following?