New Delhi, December 15 — The Finance Ministry on Tuesday highlighted the economic reforms for the growth and development of the country. It said that from January 2021, taxpayers up to the turnover of Rs 5 crore will have the option of filing a quarterly Goods and Service Tax Returns (GSTR) under QRMP Scheme i.e. Quarterly Returns Monthly Payment Scheme.
In a series of tweets, the Ministry highlighted the reforms brought in the year 2020.
“Roll out of QRMP-Quarterly Return Monthly Payment scheme. W.E.F 01st January 2021, taxpayers upto the turnover (AATO) of Rs. 5 Crore will have the option of filing a quarterly GSTR-3B & GSTR-1,” it said in a tweet.
#FinMin2020
Roll out of QRMP-Quarterly Return Monthly Payment scheme. W.E.F 01st January 2021, taxpayers upto the turnover (AATO) of Rs. 5 Crore will have the option of filing a quarterly GSTR-3B & GSTR-1.
(2/5)#EconomicReforms2020 #ReformsAndGrowth pic.twitter.com/ma8GILuqrY— Ministry of Finance (@FinMinIndia) December 15, 2020