DGFT exempted the Foreign Trade Policy

DGFT exempted the foreign trade policy

The existing foreign trade policy (FTP) from 2015 to 2020 that is applicable up to 30 September will now be up to 31 March 2022, the DGFT (directorate general of foreign trade) said in the notice. After the coronavirus outbreak, the policy was 1st delayed by a year to the end of 2020 march and … Read more

A Proprietor can’t take 2 Gst Registration within same State on 2 different Business name

A proprietor can't take 2 Gst Registration within same State on 2 different Business name

As we all know, GST stands for Goods and Service Tax. This is a unified Indirect tax which is implemented from 1st July 2017 in India. Fundamentally, the Indirect tax is a tax levied on goods and services rather than income and profits. Furthermore, It is mandatory to have GST Registration when annual turnover exceeds … Read more

Single Transaction of Buying and Selling of Shares can’t be Business Activity

Single Transaction of Buying and Selling of Shares can't be Business Activity

The Income Tax Appellate Tribunal (ITAT) Chennai bench recently ruled that a single trade of sale and purchase of equities cannot be classified as a commercial activity to levied ITR Filing on a citizen. In this article, we shall discuss the latest notification relating to the single transaction of Buying and Selling of Shares can’t … Read more

How to Apply for Trademark Registration online in India

How to apply for trademark registration online in India

At present, Trademark Registration is the most valuable asset for any business entity. Most of us know that Trademark Registration is important and should be done as soon as possible. However, How to apply for Trademark Registration Online in India is still a question for many. Thus, In this article, we will cover everything about … Read more

GST Officials Arrested Proprietor In Tax Credit Fraud

GST Officials Arrested Proprietor In Tax Credit Fraud

According to information available from the Bhiwandi commissioner, a man from Andheri was detained on a charge of the proprietor in tax credit fraud in unlawful business operations, such as fraudulent receipts, to claim Rs 9.95 crore in Input Tax Credits (ITC) as director of four enterprises. In this article, we will read the latest … Read more

IE Codes license Deactivated, if not Renewed

IE Codes license Deactivated, if not Renewed

A critical news for exporters and importers in India. The news related to IE Codes. With effect from October 6, the Ministry of Commerce has decided to deactivate all Importer-Exporter (IEC) codes that have not been updated since January 2005, an action that will aid in accurately assessing the number of legitimate exporters and importers … Read more

ISO Certification for Army Dental College

ISO Certification for Army Dental College

A great moment for Army Dental College in India. The college has received two ISO Certifications. Recently, The ISO 9001: 2015 and ISO 14001:2015 Certification was awarded to the Army College of Dental Sciences (ACDS), Secunderabad. Thus, this article discusses the important information relating to ISO Certification for Army Dental College. We will also understand … Read more

All about the Food Safety Mitra Scheme for FSSAI License FBO

All about the Food Safety Mitra Scheme for FSSAI License FBO

From the previous year, the central administration has continually taken actions to revive India’s economy. To raise the ease of doing business, the FSSAI (Food Safety and Standards Authority of India), part of the department of healthiness or family well-being, has established the FSM (Food safety Mitra) scheme. The article discusses All about the Food … Read more

GST late Fee may waive off on Delayed GST Return Filing

GST late fee may waive off on delayed GST Return filing

The CBIC (Central Board of indirect taxes and customs) directed the GST ( Goods or service tax) networks to waive off delayed fees or interest for a single day owing to technical glitches during the GSTR-3B filing return. The article discusses the latest news on  GST late fee may waive off on delayed filing of … Read more

UP exports to be Expanding to Multiple Countries

UP exports to be expanding to multiple countries

The Department of MSME felicitated sixty-five exporters from UP for their involvement in entire exports from the state. The occasion took place on the ending day of a 2-day state-level business fiesta, planned by MSME, in organization with FICCI in Lucknow as the part of commerce festival (Vanijya Mahotsva) and departments of export encouragement. The … Read more