80% MSMEs, startups urge FM Sitharaman to extend GST payment

80 percent MSMEs, startups urge FM Sitharaman to extend GST payment

Credit and Finance for MSMEs: The government had last week announced the expansion of the deadline for payments under the Direct Tax Vivad Se Vishwas Act, 2020, and some compliances under the Income Tax Act by two months till June 30. In this article, we will discuss 80% MSMEs, startups urge to extend GST payment. … Read more

Importance of Form 16 and Form 26AS While Filing a Return

Importance of Form 16 and Form 26AS While Filing a Return

The Indian Income Tax Act 1961 consists of 23 chapters and 298 sections. It requires a lot of in-depth analysis and years of study to gain expertise on the same. This post will restrict itself to the meaning and importance of ITR filing, the documents required for ITR filing, and the importance of Form 16 … Read more

ISO Certification for Food Industry

ISO certification for Food Industry

The benefits of ISO certification for the food industry are numerous. The International Organization for Standardization (ISO) is a standardization organization that creates and publishes international standards. The key goal of ISO certification is to obtain the highest level of success possible in any business. We’ll talk about ISO Certification for the Food Industry in … Read more

CBDT enables ITR Offline utility for AY 2021-22: Income Tax Return

The Income Tax Department has initiated the Income Tax Return (ITR) Offline utility for Assessment Year 2021-22. The department has made usable the Offline utility of ITR-1 and ITR-4 as of now. In this article, we will discuss CBDT enables ITR Offline utility. CBDT enables ITR Offline utility The Income Tax Department has inaugurated the … Read more

ISO certification for Energy Industry

ISO certification for Energy Industry

ISO Certification for Energy Industry is beneficial in unlimited ways. For example, The ISO 50001 certification guarantees that your company has a safe energy management system. It also aids you in denoting that you are reducing environmental impact. Having an ISO Certification in India can easily give you advantages over the competitors. Therefore, In this article, we … Read more

Export of Processed Food Products is Up 27% During April-February 2020-21

Export of Processed Food Products is Up 27 percent During April-February 2020-21

The Indian food processing sector is all set to witness significant future growth. The food processing industry in India has fast emerged as a profitable business in light of the value addition it offers. As such, it is one of the high-priority sectors earmarked for tremendous growth by the Government. The high earning potential and … Read more

GST revenue likely to come down

As we know the second wave of Covid-19 pandemic and possible lockdown-like restrictions in several parts of the state are likely to dent the government’s GST earnings in the new fiscal. After the general lockdown, the revenue growth was almost restored to ordinary in the last quarter of 2020-21. In this article, we will discuss … Read more

FSSAI Director calls on Governor

FSSAI Director calls on Governor

Kolkata (WB)-based Food Safety & Standards Authority of India’s (FSSAI) Eastern and Northeastern Regional officers called on Governor BD Mishra and discussed for many ingredients, manufacture, preservative additions, storage, shelf life, distribution and sale of food commodities in fit condition to enhance health and safety. In this article, we will discuss on FSSAI Director calls … Read more

EPF Withdrawal: You Can Take PF Loan For Covid Treatment

EPF Withdrawal You Can Take PF Loan For Covid Treatment

The second wave of the corona is more impactful than the first one and it created havoc among the people. Even the public is getting panicked because of the inflation in the medical sector, there is a shortage of oxygen cylinders and some states are running lack of remdesivir medicine. Also, the government has given … Read more

Income Tax Rebate Under Section 87A For Income Up To ₹5 Lakh – Explained

Income Tax Rebate Under Section 87A For Income Up To ₹5 Lakh – Explained

The prime source of the Government to generate revenue from the public is the tax. The Government spends these generated revenues on public infrastructure, hospitals, education, and many programs. So, Government has made some changes in the tax structure to give relief to lower-income groups. However, a person whose income is more than Rs 5 … Read more