Find how much gold you can hold as per Income Tax Rules

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

Trademark Class 43: Trademark Registration for Food Services

Trademark Class 43 Trademark registration for Food Services

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

Top USA Hiring Agency Achieves ISO 27001:2013 Certification

Top USA Hiring Agency Achieves ISO 270012013 Certification

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

Impact of GST on Accounting & Financial Statements

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

Oxygen Imports Exempted From GST, With Caveats

COVID-19 Vaccine, Oxygen Imports Exempted From GST, With Caveats

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

Compliances under GST for NRIs

Compliances under GST for NRIs

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

No GST on Import of COVID relief products

No GST on Import of COVID relief products

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

GST on Imported Oxygen Concentrators Slashed

GST on Imported Oxygen Concentrators Slashed

This post deals with a subject directly related to the Covid-19 crisis. We would urge readers to read it until the end to keep themselves updated on the latest developments. GST on Imported Oxygen Concentrators Slashed On May 1, 2021, most Indians woke up hearing a piece of good news, ‘GST on Imported Oxygen Concentrators … Read more

ISO Certification for the Music Industry

ISO Certification for the Music Industry

ISO Certification for the Music Industry is beneficial in unlimited ways. As we know, Whether in the food and beverage industry or in other industries that provide services to customers, every company needs quality management. Similarly, There are advantages of quality management to ISO certification for the music industry as well. In addition, The main … Read more

No income tax penalty on Hospitals accepting cash from patients

Due to the Covid-19 pandemic, the Ministry of Finance issued notification in this regard on Friday announcing relaxation for the Covid Care hospitals in Section 269ST of the Income Tax Act. In this article we will discuss on No income tax penalty on hospitals. No income tax penalty The central government has facilated Income Tax … Read more