A piece of welcoming news for World Economic Forum offices in India. The news is No GST on World Economic Forum’s Liaison Office in India. As a result of this update, the India liaison office will not need to be registered locally. In this article, we will understand this new update by AAR, Maharashtra. What is … Read more
There is the latest update for taxpayers i.e. E-Way Bill not required for Transportation of ‘Used Personal Vehicle’. The Kerala High Court recently ruled this. In this article, we will discuss the latest update of the E-Way Bill not required for Transportation of ‘Used Personal Vehicle’. What is the E-Way Bill? E-waybill refers to the … Read more
In August this year, the GST (goods and services tax) revenue income for the State of Punjab increased at Rs 1,188,70 crore by 20.41% compared to Rs, 987,20 crore by August 2020. Thus, it is indicating a quick economic rebound following the second COVID-19 wave. In this article, we will read about the latest update … Read more
The administration has given several Income tax benefits to the assessee on accommodation loans. Income Tax Act offers tax advantages on refunding a principal constituent of loan and refunding interest constituent of loan. In this article, we will discuss on Income Tax Benefits Available On Housing loans. Income Tax Benefits Available On Housing Loan Deduction … Read more
Micro, Small, and Medium Enterprises have been regarded as the engine for economic progress, particularly in India, as the world’s second-most populous nation to promote development worldwide. Micro and small companies have traditionally thrived in rural India for decades. Rural businesses having MSME Registration has just evolved as a dynamic idea. In this article, you’ll … Read more
To Start a Paper Bag Business in India can be a profitable business for anyone in the long run. There are several reasons for this. The primary reason is that paper bags are a requirement of almost every industry in India. Secondly, the government in India is pushing forward environment-friendly solutions to several problems, including … Read more
GST Collections set a record as collections stood at above Rs. 1.12 trillion-mark. The GST collection in August has crossed the crucial mark and the collections are 30 percent higher than the collection in the year-ago period. In this article, let’s discuss the latest update by the Ministry of Finance on GST Collection in August. … Read more
The GSTR 9 is documentation submitted once per year by a taxpayer having GST Registration. This record will include all resources in the form and received underneath the several headings of tax (CGST, SGST, and IGST) throughout the whole year, including sales and audit information. In this article, we’ll learn about GSTR 9 Return Filing. … Read more
CMP-08- The CBDT has listed all taxpayers having GST Registration who pay tax following section 10 of the CGST Act 2017 or who receive benefits from Notification No. 2/2019-Central Tax (Rate) issued on 07th March 2019 as a “special category of persons”. The CBDT has established a specific method for these kinds of people for … Read more
The ministry of APEDA stated that exports of products such as rice, meat, cereals, and milk products were predicted to rise at 15 percent by April-June 2021 and to reach $3.3 billion annually exporting $4.81 billion by April-June 2021. In this article, we will discuss on Agri Exports May Grow 15% In FY22: Commerce Ministry. … Read more