AskBanking – Get solution to all your banking FAQs
Banking FAQs & HowTo Guide
Know the step by step process to file nil GST 3B returns via SMS. Government of India, Finance Ministry has now permitted to file the NIL GST Returns through SMS post following the certain guidelines. The Central Board of Indirect Taxes and Customs (CBIC) said that the filing of NIL statement in GSTR-1 form would […]
Know Input Tax Credit (ITC) & process to claim it – Goods and Services Tax (GST) is the universal taxation system introduced in India with lot of protest. It is well known that the filling GST is not an easy task and it requires certain level of understanding and claiming Input Tax Credit or ITC […]
Now GST on Mutual Fund Exit Load & Credit Card Dues – The government informed that interest charged on outstanding credit card dues, finance lease and exit fees paid by mutual fund investors will be taxable under GST. Further, interest levied on loans are not taxed, any additional interest for delayed payment has also been kept […]
e-Way relataxtion up to Rs 50,000 – Goods and Services Tax (GST) Council has made inter-state movement of goods worth over Rs 50,000 to have e-way bills from April 1. The requirement for such bills in intra-state movement would be implemented in a phased manner. It means the council has given the relaxation for small delivery and e-commerce, courier companies […]
GST e-way bill – After Aadhaar authentication for important services, GST e-way bill is another mechanism to check evasion by ensuring goods are tagged and tax paid. The GST e-way bill is launched Nationwide from February 1. This could not be rolled out earlier as software and nationwide system was not ready. The pre registration is […]
Free Goods and Service tax (GST) calculator to calculate the amount of tax being levied on various products, Manufacturing and services inclusive banking. GST calculator works on the same rate accepted by central government and all the state uniformly.Goods and Services Tax (GST) is a common comprehensive nation wide tax based on the existing VAT […]
Goods and Service Tax (GST) is all set to roll out by 01st July this year. Government has already conveyed this message to all the department, Industries and companies with advise to change their system, software as per the requirement of GST. Banking Sector, which is already under stress with many reason like higher NPA, […]
by 
