Every assessee files tax returns during the assessment year to fulfill statutory requirements. The organizations pay different types of taxes such as income tax, sales, tax, and services taxes to the government according to the prescribed rate. In this article, you will understand the difference between PAN, TAN and TIN. The assesses should be familiarized … Read more
Rice Export Business in India is highly profitable. Rice is one of the most grown crops in India and it is also one of the primary demands of foreign nations. As a result, exporting rice from India can be a successful business venture, and anyone interested in starting an import and export firm should know … Read more
GST Registration is an important concept for every business in India and in availing input tax credit, enrolling under government schemes, and much more. However, the process of GST registration in India is completely online and businesses also need to do GST return filing online. After applying for the application, you get the GSTIN which … Read more
If you are a manufacturer of food products, then you should produce a certificate ensuring that your food products are wholesome and non-adulterated. The food should not cause any health problems to the consumers. In this article, you will understand the difference between FSSC 22000 and ISO 22000 Certification. The certificates ensuring food safety are … Read more
The Government has released a new and strict tax regime for the corporations in India. As per the latest notification, MCA increased additional fees on Forms for late filing. Now the delay in compliance can cost you a hefty amount. Hence, it is the right time to file all the pending forms and arrange the … Read more
When you are solely the owner of a business enterprise, you are called a sole proprietorship. You then become the master and also a servant of your business enterprise. As you are a proprietor, you can hire employees to accomplish the tasks of your organization. In this article, we will understand the sole proprietorship advantages … Read more
Every international transfer made for business purposes must file Income Tax Forms with the Income Tax Portal, including the amount of the remittance, currency, recipient country, and nature of the transaction for which payment is required. In this article, we will understand the difference between 15ca and 15cb. Furthermore, if international remittance exceeds a certain … Read more
If your tax payment exceeds the amount that was liable during the assessment year, then the government refunds the amount. It is known as Income Tax Refund and you can avail of it through a refund application to the income tax authorities. Besides, You can check the status of your income tax refund 10 days … Read more
GST or Goods and Services Tax is an indirect taxation system in India. With the motive of One Nation and One Tax, GST has become widely popular and applicable across our nation. However, similar to the two sides of a coin, GST has both Advantages and Disadvantages. It is essential for every entrepreneur to know … Read more
The Indian Government provides FIEO Registration to exporters in India for the benefit of the business and the general public. The is valuable for each and every exporter in India for a variety of reasons. Thus, before we get into the benefits of it. In this article, we will understand all about FIEO Registration. What … Read more