There’s a new notification ( No. 10/2021) as CBDT issues Clarification. The taxpayer in India needs to file CIT(Appeal) within 30 days from the date of order of assessment issued. However, due to lockdown, taxpayers are facing timely filing of appeals. Earlier we have seen that CBDT has issued Circular No. 08/2021 on which the … Read more
Since Independence, the Government has been trying hard to bring small industries parallel in the line of the economy. The government launched various five-year plans to boost these sectors and finally set up a regulating and monitoring body known as National Small Industries Corporation. An Overview of NSIC NSIC is a government body that comes … Read more
Govt considering support measures for the MSME sector seems to be giving hope to many businesses having MSME Registration. According to the people, The second Covid-19 wave impacted the MSME sector hard while it was recuperating from the previous wave’s devastation. In this article, we will read about the statements of government officials considering the … Read more
India Inc gets relief through ESIC, EPFO is another excellent news for everyone in the formal sector in India. This relief is available as India is still fighting with Coronavirus in its second wave. Almost every part of the nation is under lockdown. Therefore, the pandemic shut businesses down and caused many problems to India … Read more
In a move that is exacted to assist curb tax evasion, Goods and Services Tax (GST) authorities will now be able to track real-time data of commercial vehicle (CV) movement on highways by integration of the e-way bill (EWB) system with RFID. In this article, we will discuss E-way bill integration with FASTag. What is … Read more
The Trademark Class 45 for Legal and Security Services is a class providing significant value to both services. Trademark Class 45 is the last in the entire list of 45 Trademark Classes. As we know, before getting a Trademark Registration, it is essential to choose a suitable Trademark Class. Therefore, In this article, we will … Read more
The Guide to ISBN Identification is very crucial to understand. The reason is ISBN Registration is very popular among booksellers, authors, readers, and publishers. An ISBN (International Standard Book Number) is a unique number that identifies a book. It is similar to the social security number. But it also helps in accessing the essential book … Read more
Apeda organizes VBSM for increasing mango exports to South Korea. Senior officials from the Agricultural or Processed Food Products Export Development Authority (APEDA), ICCK, Embassy of India, importers from South Korea, and exporters from India take part in the organized Virtual Buyer Seller Meet. In this article, we will discuss Apeda organizes VBSM for increasing … Read more
Due to the Covid-19 pandemic, the compliance relaxations offered by the central government under the Goods and Services Tax (GST) regime are inadequate, according to a survey of small and medium businesses affected by the lockdown and mobility limitations in maximum States. In this article, we will discuss Small Businesses requesting to extend the time … Read more
Composite and Mixed Supply under GST is a new concept that is used to make a smooth tax process. However, Composite Supply is more or less similar to the bundle’s service enclosed in the Service Tax law. But, mixed supply is completely a new concept and there is a small margin of difference between composite … Read more