GST Return filing late fee upper limit reduced

GST Return filing late fee upper limit reduced

Recently RTI reveals CBIC Collects late fee penalties aggregate of hundred crores, which clearly signifies that taxpayers face many difficulties in timely GST return filing compliances. Now considering the complexity in GST compliances and business losses due to covid pandemic, The 43rd GST Council Meeting was held at New Delhi on 28th May 2020 announced … Read more

COVID19 related relief measures for GST taxpayers

COVID-19 related relief measures for GST taxpayers

As we all know, taxpayers face issues in complying with statutory and regulatory compliance under Goods & Services Tax (GST). Furthermore, Taxpayers are suffering due to the second wave of the COVID-19 Crisis. So, the 43rd GST Council Meeting has released notification of different steps to reduce taxpayers’ burden. In this article, we will read … Read more

Govt announced benefits for families of Covid-hit EPFO, ESIC members

Govt announced benefits for families of Covid-hit EPFO, ESIC members

Govt announced benefits for families of Covid-hit EPFO, ESIC members and it includes pensions for dependents of insured persons with Employees’ State Insurance Corporation (ESIC). The government has also announced a hike in the maximum sum provided under the group insurance scheme. Employees’ Deposit Linked Insurance Scheme (EDLI) that is run by EPFO from 6 … Read more

Digital Brand Protection with Trademark Registration

Digital Brand Protection with Trademark Registration

These days everyone is entering the online marketplace. Therefore, it is essential more than ever to have Digital Brand Protection. Moreover, having a Trademark Registration comes with several other benefits. These benefits include exclusive rights, builds credibility, protection, etc. To avail of these benefits, you must get Trademark Registration. In this article, we will read all … Read more

GST Return Filing extended for May 2021

GST Return filing extended for May 2021

As we all know, COVID-19 second wave had many drastic impacts. The taxpayers faced a major crisis regarding the compliances under GST. To provide big relief for taxpayers, the government has announced several reliefs for taxpayers. In this article, we will read about GST Return filing extended for May 2021. GST Return Filing extended of Form … Read more

EPFO to allow second Covid 19 Advance Withdrawal

EPFO allows second advance withdrawal due to COVID 19 Emergency

The labor department has declared that EPFO to allow second Covid 19 advance withdrawal from their EPF accounts to meet the Covid 19 regarding financial emergencies. In the earlier days, only a one-time advance was accessible for members of EPF. The provision to extract cash from EPF accounts was first introduced the previous year in … Read more

Frequently Asking Questions on ISBN Registration- FAQ

Frequently Asking Questions on ISBN Registration FAQ

International standard book number, in short ISBN, is a unique thirteen-digit number that is assigned to every book. Also to tapes, CDs, and e-books before publication, which records details such as language, details of publisher, and provenance. ISBN is displayed in the barcode format and it acts as a license plate that guarantees unique identification … Read more

How can ISO 9001 Certification help Aerospace and Defense companies?

How can ISO 9001 certification help aerospace and defence companies

In the Aerospace industry, one of the main aspects of the Quality Management System (QMS) is to choose the standard for the QMS. And there are two major ISO standards available in the market i.e. AS9100 Rev D ISO 9001:2015. ISO 9001:2015 can be used by any industry but AS9100 Rev D is designed considering the … Read more

GST Late Fee Reduced on GST Late Return filing : New Amnesty Scheme 

GST Late Fee Reduced on GST Late Return filing New Amnesty Scheme 

After a long wait and a delay in GST return filing caused by complexity in GST return filing compliances, GST Council has capped the late fees on GST return filing in the 43rd GST Council Meeting which was held online. It is the first meeting of the GST Council in the financial year 2021-22. In this … Read more

GST Rates Reduced in 43rd GST Council Meeting

GST Rates Reduced in 43rd GST Council Meeting

The 43rd meeting of the GST Council was mainly aimed at offering relief to the taxpayers and patients suffering from Coronavirus Pandemic. The meeting of the GST Council in Delhi took place on 28 May 2020, chaired by Smt. Nirmala Sitharaman, Minister of Finance of the Union. Video conferences were held, and multiple reliefs were presented … Read more