Stay informed with the latest taxation, GST, and business compliance updates in Chakan, Maharashtra
Published on December 19, 2024
GST has transformed India's indirect tax system, and businesses in Chakan need to stay updated with the latest compliance requirements. As chartered accountants serving the Chakan-Pune-Nashik Highway area, we help numerous businesses maintain perfect GST compliance.
December 15, 2024
GSTR-3B for December 2024 is due by January 20, 2025. GSTR-1 for November 2024 must be filed by December 11, 2024. Late filing attracts penalties up to ₹500 per day. Quarterly filers (turnover ≤ ₹5 crores) have extended deadlines till January 31, 2025 for Q3 (Oct-Dec 2024).
Read MoreDecember 10, 2024
The last date for filing ITR for FY 2023-24 (AY 2024-25) is July 31, 2024. New tax regime offers lower rates but fewer deductions. Standard deduction increased to ₹50,000. Section 80C limit remains ₹1.5 lakhs. Many Chakan businessmen opt for presumptive taxation under Section 44AD.
Read MoreDecember 5, 2024
Partnership firm registration in Maharashtra requires minimum 2 partners and maximum 50. PAN card mandatory for all partners. Partnership deed must be stamped and registered. Filing fee is ₹200. Chakan businesses prefer partnership for tax benefits under presumptive taxation.
Read MoreNovember 28, 2024
Class 2 DSC costs ₹500-800 for 1-2 years validity. Class 3 DSC costs ₹1,000-1,500 for 1-2 years. Required documents: PAN card, Aadhaar, and address proof. Chakan businesses need DSC for GST registration, income tax e-filing, and MCA compliance. Validity can be extended before expiry.
Read MoreNovember 20, 2024
Essential labour law compliance for Chakan businesses. PF registration, ESIC, professional tax, and shop act license requirements.
Read MoreNovember 15, 2024
Choose presumptive taxation under Section 44AD (8% of gross receipts) to avoid maintaining books. Claim deductions under Section 80C (₹1.5 lakhs) for investments. Opt for composition scheme in GST (1-5% rate) for simplified compliance. Maintain proper records to avoid scrutiny during assessments.
Read MoreGST Registration, Returns, Consultation
ITR Filing, Tax Planning, Assessment
Company, Partnership, LLP Registration
Labour Laws, Licenses, Audit