- One GST return filing with less than 25 transactions
Since the introduction of the Goods and Services Tax (GST) on July 1, 2017 , one issue that has continually been in the limelight is returns filing. GST introduced a host of new requirements for returns, and mistakes or noncompliance result in interest and penalties for businesses, as well as negative GST ratings.
Filing your income tax return isn't as cumbersome as it once was. You have four different forms to choose from for the purpose, depending on your source of income and whether or not you are a resident of the country.
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