Artho Shots
400 Words to Sharpen Your personal finance Skills
#411 – Composition Scheme Under GST
The Composition Scheme under GST is a simplified tax option for small taxpayers, allowing them to pay GST at a fixed percentage of turnover without claiming ITC. Introduced in 2017
#410 – How GST Affects Cross-Border Trade
GST affects cross‑border trade in India in several powerful ways. As the nation retools its tax regime, exporters and importers feel the shifts in costs, compliance and competitiveness. With new
#409 – GST registration: Who Needs It
GST registration is the first step for many businesses across India. Whether you sell goods or services, the rules are clear — some must register, while others can wait. However,
#408 – Reverse Charge TDS in Specific Service Payments
Reverse charge TDS in specific service payments in India can be confusing. Many taxpayers mix up obligations under indirect tax law and income‑tax law. This guide explains reverse charge under
#407 – Understanding ITC Reversal Under Rule 42 & 43
Input tax credit (ITC) reversal under Rule 42/43 ensures businesses claim only eligible credits. In India, many businesses mix taxable and exempt supplies. In such cases, the credit must be
#406 – Understanding ICDS (Income Computation and Disclosure Standards)
Understanding ICDS is essential for anyone who deals with business income, tax filings, or financial reporting. These standards guide how taxpayers compute taxable income under the Income Tax Act. They
#405 – Reverse Charge Mechanism (RCM)
Reverse charge mechanism (RCM) shifts the burden of paying GST from the supplier to the recipient. This unusual provision helps widen the tax net and ensures compliance from unorganized or
#404 – Blocking of ITC: What It Means for Businesses
Blocking of ITC has become a major concern for businesses in India under the GST system. Companies rely on Input Tax Credit to manage working capital and maintain healthy cash
#403 – How Input Tax Credit Impacts Pricing
Input tax credit plays a major role in how businesses decide the final price of goods and services in India. It helps firms reduce tax costs, improve cash flow, and