Selling goods on platforms like Amazon, Flipkart, Meesho and other e-commerce marketplaces may look easy. However, GST compliance often becomes a major challenge for sellers, leading to confusion, notices, blocked input tax credit and cash-flow stress. This article is written entirely from a seller’s perspective, focusing on real-world issues, common
Section 40b determines the maximum amount of remuneration and interest on capital payable to a partner under Income Tax Act. The amount over the specified limit is not allowed as a deduction to a partnership firm. Remuneration to Partners Section 40b Remuneration includes salary, bonus, commission .Remuneration in partnership firm
Relying on just one policy is no longer enough to secure your financial future. Health expenses can arise suddenly, while life remains unpredictable. Whether you’re starting or planning for your family’s future, both health insurance plans in India and life insurance offer essential protection. This blog explains the key differences
Freelancing in India has grown rapidly, with platforms like Fiverr enabling professionals to offer services globally. But as income grows, so does the need for tax compliance, especially under the Goods and Services Tax (GST) regime. If you’re an Indian freelancer registered under GST and working on Fiverr, understanding how
GST for Indian freelancers on Fiverr can be confusing, especially when you’re dealing with international payments, currency conversion, and platform commissions. This guide explains everything you need to know – GST registration requirements, export of services, FIRC, LUT filing, reverse charge mechanism and more. If you’re a Fiverr freelancer in
A complete comprehensive article regarding GST applicability on Indian freelancers providing services in India/outside India.
Freelancers working with international clients on platforms like Upwork, Freelancer.com, or through direct contracts.
Businesses selling on platforms like Amazon, Flipkart etc and having multiple GSTINs along with stock transfers.
Dropshipping businesses selling within India or internationally through Shopify, personal websites, or social media.
Businesses exporting goods from India via eBay, Etsy etc.
Standard businesses dealing in goods or services.
Individuals working on ships in foreign & Indian waters.
Non-resident individuals having income in India
Standard IT return for individuals, HUFs, LLP and Pvt Ltd
Services like TDS return, Form 26QB, GST Refund etc
TaxAdda, as the name suggests, is a adda for all tax-related needs of small and medium businesses. I launched TaxAdda as a blog in 2011, and over time, with increasing user engagement, it evolved into a platform offering tax and accounting services to customers across India.
Our team comprises seven members, including:
We have successfully served over 1,000 customers and currently maintain an active client base of approximately 100 regular customers across India. Our services encompass GST, Income Tax, Accounting, Income Tax Return filing, and related financial compliance.