Daily E-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 20.97 lakh in the first five days of September. This is 7.5% higher than the daily average for the first Eight days of August. Thus, we can see the indications of continued momentum in Economic recovery. In … Read more
Service Infrastructure is the cloud service that you get on request, on a pay-as-you-go basis. It also involves critical computing, storage, and networking resources. Thus, Infrastructure Services are trending each day. However, to be successful as an Infrastructure Service User or Provider, we need to follow some standards. ISO sets these standards under ISO Certifications. … Read more
No GST on Papad – The CBIC(Central Board of Indirect Taxes and Customs) has made it clear. In the recent tweet, the CBIC declared that no GST is levied on Papad whatever its shape, name, or form is. Let us discuss this update in detail. What is GST? GST stands for Goods and Service Tax. … Read more
TDS Return Filing is one of the most crucial components of financial management in Income Tax. People should maintain track of their earnings, Investments and make plans for a Life Insurance policy, a name plan, or another Tax-saving strategy. The government does not rely just on Income tax to fund its operations. It also receives … Read more
One of the decisions to be taken while starting a company is what type of company you want to incorporate. It is essential to choose the business structure carefully when registering your company. If you have already chosen a Pvt. and now want to convert PVT into an LLP, then this article is for you. … Read more
The latest update for Taxpayers, as the government has announced No ITR Filing for citizens aged 75 years and above. The announcement was made in Finance Budget, 2021. Thus, The Central Board of Direct Taxes (CBDT) has now issued regulations and declaration forms that elderly persons must file with the designated bank, which will deduct … Read more
Gaming is no Exception in virtual reality that has become an important part of our life. The epidemic has also led to a transformation in children’s playgrounds. In India, both the income and consumption of the online gaming sector have grown exponentially. Online gaming is forecast to increase at a combined pace of 22 percent … Read more
GST audit to be discontinued and won’t be held by the Central Council for Indirect Taxation and Customs (CBIC) w.e.f. 1st August 2021. Throughout the execution of the authorities given in Article (b) of sub-section (2) of Section 1 of the Finance Act, 2021 (13 of 2021), the Central Government hereby determines the date on … Read more
A massive relaxation for taxpayers as ITR Filing Due Date Extended For FY21. As most of us know, taxpayers and professionals have reported several glitches and malfunctions in the new income tax portal since its launch. It’s become essential to extend all upcoming income tax filing due dates. Therefore, the government has now announced the … Read more
The positive news for businesses having MSME Registration. The latest news is Effitrac Solutions Partners with RazorpayX. The motive behind this partnership is to empower the MSME sector of India. In this article, we will understand this news in detail. About Effitrac Effitrac is simple end-to-end business technology. It is a SaaS(Software as a Service) … Read more