Threshold limit of GST registration for Chartered Accountants

Threshold limit of GST registration for Chartered Accountants

GST is an indirect taxation system in India. Every eligible taxpayer as per the GST Rules and Regulations must register under GST. Every business whether providing goods or services must get GST Registration depending upon a number of factors. The GST also applies to professionals such as Chartered Accountants, Doctors, Teachers, etc. In this article, … Read more

Difference Between Trademark and Geographical Indication

Difference Between Trademark and Geographical Indication

Trademark is a brand name specifying the unique characteristics of a product of any organization. Geographical Indicator is a term used to indicate the geographical uniqueness of a product.  Names such as Ford and Puma are trademarks, whereas Assam Tea and Coorg coffee are geographical indicators.  The procedure of trademark registration and GI registration is … Read more

Union Budget 2022: Hike in Tax Exemption Limit for NPS

Union Budget 2022 Hike in Tax Exemption Limit for NPS

With the goal of supporting macroeconomic growth, the Union Budget also aims to provide all-inclusive benefits at the microeconomic level as well, said the Union Finance Minister Smt Nirmala Sitharaman while presenting the 2022-23 Union Budget in Parliament on 1st February 2022. As a result, there were several new benefits offered for Taxpayers in India. … Read more

Reduction in MAT for Cooperative Societies : Union Budget 2022

Reduction in MAT for Cooperative Societies Union Budget 2022

On February 1st, 2022, the Finance Minister delivered the Union Budget 2022. There were no adjustments to the tax slab rates for individual taxpayers, but the budget speech introduced new tax laws for cooperative societies. Let’s understand the latest update for Reduction in MAT for cooperative societies. What is a Cooperative Society? Members of a … Read more

Govt Extends Reduced Corporate Tax upto next fiscal year

Govt Extends Reduced Corporate Tax upto next fiscal year

The Union Budget 2022, delivered on Tuesday by Finance Minister Nirmala Sitharaman, was praised for its focus on growth and for introducing several new updates. One of the most significant updates for corporations is the extension of reduced or concessional tax rates. In this article, you will understand the latest updates as the Govt Extends … Read more

ECLGS Scheme for MSME Registration Extended upto next year

ECLGS Scheme for MSME Registration Extended upto next year

The 2022 budget focuses on ‘digital and technology and areas including infrastructure, health, education, and the supply of e-services to the massive population. The Union Budget 2022-23 also brings several new updates for MSMEs. In this article, you will understand ECLGS Scheme for MSME Registration and other important updates in Union Budget 2022-23 for MSMEs. … Read more

Budget 2022: Import Duty reduced on Diamonds and Gemstones

Budget 2022 Import Duty reduced on Diamonds and Gemstones

It was on Tuesday that Finance Minister Nirmala Sitharaman came out with the Union Budget for 2022-23. She stated she wants to raise the basic customs duty (BCD) on many common items that people buy, like headphones or earphones. This is to help the country make more of these things in the country and support … Read more

Tax Incentives extended for Startups

Tax Incentives extended for Startups

The announcement by Hon’ble Union Finance Minister Nirmala Sitharaman that tax advantages would be extended till is a big boost for startup entrepreneurs. Last year, the Indian government extended the deadline for entrepreneurs to obtain tax exemptions until March 31, 2022. In light of the COVID-19 outbreak, the government has declared Tax Incentives extended for … Read more

How to Start BPO business in India?

How to Start BPO business in India

BPO (Business Process Outsourcing) is a popular option for Indian entrepreneurs who wish to build a profitable business. But many entrepreneurs are unsure of how to start BPO Business in India.  Moreover, It is the perfect time to start BPO Business in India because our nation is currently the most preferred industry for BPO companies … Read more

FSSAI registration for Sweet Manufacturers

FSSAI registration for Sweet Manufacturers

The FSSAI is a body that provides certification to the food products ensuring the quality of food.  The certificate assures that the food products are safe to consume. The FSSAI registration is applicable to manufacturers, distributors, retailers, and the organizations handling the food products. It is also essential for sweet manufacturers to ensure purity and … Read more