TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India Launches QRMP Scheme for Simplified GST Compliance for Businesses with Turnover Up to Rs. 5 Crore.</h1> The Government of India introduced the Quarterly Return Monthly Payment (QRMP) Scheme to simplify tax compliance for businesses with an annual turnover of up to Rs. 5 crore. Effective from January 1, 2021, eligible taxpayers can file GST returns quarterly while paying taxes monthly. Notifications were issued to amend relevant sections of the CGST Act and rules. Taxpayers can opt for the scheme quarterly and must submit returns and payments through the GST portal. The scheme offers two payment methods: Fixed Sum and Self-Assessment. Interest and late fees apply for delays, but no late fee is charged for late monthly payments.
TaxTMI 
TaxTMI 
