Good Food Institute India (GFI India) and the Plant-Based Foods Industry Association (PBFIA) will host the first Plant-Based Foods Summit, which will be organized by the Ministry of Food Processing Industries Government of India (MOFPI) and Agricultural and Processed Food Products Export Development Authority (APEDA). This event is beneficial for every food business in India … Read more
Recently, international wheat prices surged following India’s restriction on exporting the grain. As soon as the European market opened, the price surged to $453 a tonne. Chicago wheat futures had already reached their daily trading limit, and Paris prices were nearing all-time highs, making the Chicago market the global standard for wheat futures. In this … Read more
Nowadays, smartphones and tablets have changed the world around us. From buying clothes to buying apartments, from buying food to buying furniture, almost everything that we think of having is available on the Internet to buy. Significant during the Covid 19 pandemic, customers have shifted their focus from physical stores to the eCommerce industry or … Read more
Agriculture and Processed Food Products Export Development Authority (APEDA) is a government body that the government of India has established to promote the export of scheduled products and produce them. It is an authority that offers information, guidelines, and financial assistance to the development and production of scheduled products. The central government is responsible for … Read more
Nowadays, most businesses operate with subsidiaries and branches spread throughout the various cities of India. Decentralization, along with collaboration, has helped various businesses and organizations to expand and therefore has helped optimize the efficiency of each of these processes. These businesses also have to maintain different account books and make separate profit analyses for their subsidiaries … Read more
In India, a firm can be owned, managed, and controlled by a single individual as a Sole Proprietorship. You get to retain all of the money or profits you make. It is also possible to avoid multiple taxes in India because of the advantages of single proprietorships. Only in your own name will you be … Read more
E-Way Bills on the GST portal make it easier for items to be transported from one location to another. An electronic invoicing system or e-invoicing system was also implemented at the GST Council at its 35th meeting. Hence, E-Invoicing under the GST Regime is an important concept that you must know. In this article, you … Read more
We all know Import and Export Business is profitable in India. However, there is a cut-throat competition for strict laws. Before going global, there are a number of procedures and rules that must be followed, as well as a number of registration and licensing requirements. When importing or exporting from India, you’ll need an IEC. … Read more
According to Section 192, which deals with the TDS on salary income, every employer has to deduct TDS on salary payment if the employee’s salary exceeds the basic exemption limit stated by the government. Section 192 impacts all the salaried people of India, and in today’s guide, you will understand the important TDS provisions for … Read more
Taxpayers have to deal with harassment from tax authorities from time to time, thus the government has instituted an anonymous income tax assessment for their advantage. If there was an error on the return or there was a dispute over-regulation, the assessee was required to attend the I-T department office. Income tax assessments are now … Read more