
CA Ankur Mundhra
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About CA Ankur Mundhra
Update of all GST, Income Tax , Companies Law and other misc updates
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π¨ Attention Taxpayers! π¨ Planning for FY 2025-26? You can now opt for the *Composition Scheme* via the GST Portal! π₯οΈ π *When?* February 4 to March 31, 2025 π *How?* File *Form CMP-02* under Services -> Registration -> Application to Opt for Composition Levy *What is the Composition Scheme?* Itβs a simple, hassle-free way for small businesses to pay GST! Instead of dealing with complex invoices and filing multiple returns, you pay a fixed percentage of your turnover as tax. π§Ύ β *Benefits*: -Less compliance burden -Fixed tax rate (lower than regular GST) -Quarterly returns instead of monthly Perfect for small businesses looking to save time and focus on growth! π± https://x.com/caankurmundhra/status/1885283847182672079 Kindly join WhatsApp channel through link ππ»ππ» βhttps://whatsapp.com/channel/0029Va4unikC1Fu5SKC61c1m

π¨ Big Tax Savings Alert! π¨ Did you know? Salaried people can pay *ZERO TAX* on income up to βΉ13.7 lakh! How? By using *standard deductions* and investing in the *National Pension System (NPS)*. β NPS gives big tax benefits under Section 80C & 80CCD. β Low fees and great long-term growth. β But, fewer people use it because money is locked in until retirement. Plan smart, save smarter! π‘ https://x.com/caankurmundhra/status/1886620961224712553 Kindly join WhatsApp channel through link ππ»ππ» βhttps://whatsapp.com/channel/0029Va4unikC1Fu5SKC61c1m

π¨ *Big news for taxpayers!* π¨ *Won a case against the Income Tax Department but still waiting for your benefit? π Good news β no more delays!* π The *ITR portal has been updated* to make the process faster and easier. π *Earlier*: You had to *physically meet the tax officer* to submit an "*Order Giving Effect*" (OGE) request. π *Now*: Itβs *100% ONLINE!* No more in-person visits. Just submit your OGE request *digitally*. This is a *game-changer* for hassle-free tax processes! π»β¨ https://x.com/caankurmundhra/status/1889516015199162779 Kindly join WhatsApp channel through link ππ»ππ» βhttps://whatsapp.com/channel/0029Va4unikC1Fu5SKC61c1m

π¨ *Advisory for GST Registration Process (Rule 8 of CGST Rules, 2017)* π¨ Planning to register for GST? Hereβs a simplified guide to help you navigate the process smoothly! π πΉ *If youβre NOT opting for Aadhaar Authentication*: 1οΈβ£ Visit the GST Suvidha Kendra (GSK) for photo capture & document verification. 2οΈβ£ After selecting "NO" for Aadhaar auth, youβll get an email with GSK details & required docs. 3οΈβ£ Schedule an appointment via the link in the email & visit the GSK at the scheduled time. πΉ *If youβre opting for Aadhaar Authentication & Biometric Verification*: 1οΈβ£ Promoters/Partners & Primary Authorized Signatory (PAS) must visit the GSK for biometric auth, photo capture, & doc verification. 2οΈβ£ If already biometric verified in the past, only doc verification is needed. 3οΈβ£ Ensure Aadhaar details (name, DOB, gender) are accurate to avoid authentication failures. β οΈ *Important Note*: Complete biometric auth & doc verification within 15 days of submitting Part B of REG-01. If not completed, your Application Reference Number (ARN) wonβt be generated. π *Pro Tip*: Double-check your Aadhaar details & follow the steps carefully to avoid delays! https://x.com/caankurmundhra/status/1889963571423129806 Kindly join WhatsApp channel through link ππ»ππ» βhttps://whatsapp.com/channel/0029Va4unikC1Fu5SKC61c1m

π¨ Big Tax Update! The *New Income Tax Bill 2025* is here to simplify taxes from *April 1, 2026*! π‘ Just like GST streamlined indirect taxes in 2017, this bill aims to simplify & consolidate income tax laws. πΌβ¨ A new era of taxation is comingβstay informed! π https://x.com/caankurmundhra/status/1889967209742827770 Kindly join WhatsApp channel through link ππ»ππ» βhttps://whatsapp.com/channel/0029Va4unikC1Fu5SKC61c1m

π¨ Big Tax Update! π¨ The New Income Tax Bill 2025 is here to replace the old Income Tax Act 1961, but whatβs REALLY changing? π€ Hereβs the breakdown: β Simplified rules for easier understanding β New tax benefits for individuals and businesses β Modernized structure to fit todayβs economy https://x.com/caankurmundhra/status/1890230743311454664 Kindly join WhatsApp channel through link ππ»ππ» βhttps://whatsapp.com/channel/0029Va4unikC1Fu5SKC61c1m

π¨ *New Update for Unregistered Dealers*! π¨ π’ *Introducing Form ENR-03 for E-Way Bill Generation*! Starting from *11th February 2025*, unregistered dealers can now generate e-Way Bills by enrolling on the E-Way Bill Portal using *Form ENR-03*. π *Whatβs New*? -Get a unique *15-character Enrolment ID* to generate e-Way Bills. -No need for a GSTIN! Use your Enrolment ID as an alternative. -Simplified process for unregistered dealers involved in the movement or transportation of goods. π *How to Enroll*? 1οΈβ£ Go to the E-Way Bill Portal and select the "*Registration*" tab. 2οΈβ£ Fill in your *State, PAN details, and address*. 3οΈβ£ Verify your mobile number via *OTP*. 4οΈβ£ Create a *username and password*. 5οΈβ£ Get your *Enrolment ID* and start generating e-Way Bills! π‘ *Why Enroll*? -Seamless e-Way Bill generation without GSTIN. -Easy login with your credentials. -Auto-population of Enrolment ID as Supplier/Recipient. π Stay updated, stay compliant! π https://x.com/caankurmundhra/status/1891406989248630950 Kindly join WhatsApp channel through link ππ»ππ» βhttps://whatsapp.com/channel/0029Va4unikC1Fu5SKC61c1m