In the Covid-19 pandemic,a hike in post-GST rates to 18% from the current 15%, both the security sector and banking sector are poised to get more expensive after July 1. Impact of GST on insurance and banking will improve the premiums especially for families that pay for health, life and a car insurance. In this … Read more
India’s Exports rise 80% to $ 7.04 billion during the first week of May according to the information preliminary data presented by the commerce ministry. This figure shows the positive sign in the economic growth and a big sigh of relief for the Government. Earlier, in the last year pandemic broke down the economy and … Read more
Important EPF Alert! Many people have lost their jobs due to the coronavirus pandemic, while others have seen their income drop. On the other side, due to medication and health issues, expenditures have risen. Therefore, Many Provident Fund (PF) contributors in India are withdrawing their contributions to help themselves with the funding shortage. In this … Read more
The Union government is explained to be mulling a plan to put a limit on the amount of unaccounted gold one can hold. Reports claimed previously that the government was planning to initiate a gold amnesty scheme and that those holding unaccounted gold beyond a certain limit would be penalised. In the days pursuing the … Read more
For any form of company, understanding Trademark Class is critical. So, if you’re starting a new company or organization, the first step is to differentiate yourself from the competition. In this article, we will discuss Trademark registration for Hotels and Restaurants: Trademark Class 43. Know about Trademarks Trademarks help businesses seeking the exclusive right to … Read more
Modern Hire is always determined to secure and protect client’s data and after the expansion of the firm in a global world, a need for Certification for ISO standard was necessary, so, the company earned ISO 27001:2013 Certification. This step proves how Modern Hire is committed to its hiring work by offering the secured compliances … Read more
The Goods and Services tax (GST) has been specified as one of most important tax reforms post-independence. It is a tax trigger, which will lead to business transformation for all important industries. In this article, we will discuss on Impact of GST on Accounting & Financial Statements. Impact of GST on Accounting There will be … Read more
With the rise of the second wave of Coronavirus, the Government of India took several steps to bring the situation to a normal condition, and still, the battle is going on. Recently, it has been observed that demand for Covid materials such as vaccines, Remdesivir medicine, and oxygen has significantly increased and most of the … Read more
The goods and services tax is the biggest milestone in the history of taxation. Earlier, various forms of taxes were put on the citizens and the distribution of taxes between the state and center was complicated. So, the concept of tax on common goods and services was introduced in the entire country to simplify the … Read more
In view of the Covid-19 pandemic, the Central Government has exempted IGST or integrated GST on import of such goods received free of cost for free distribution of Covid relief. In this article, we will discuss No GST on the Import of COVID relief products. No GST on Import of COVID relief products In view … Read more