An ISBN, or the International Standard Book Number, is a unique number used to identify a book’s title, edition, format, author, and publisher. It is essential because it helps maintain sales reports, cost-effective and error-free databases, stock control registers and enables you to order books from various libraries, publishers, bookstores, and e-commerce websites. In this … Read more
Since the beginning of the Indian Constitution, the earlier in-direct taxation system had faced a shock because of the imposition of multiple taxes before the introduction of GST with Types of GST Return. The traditional multilayer taxation scheme created a scenario of a double taxation system. Along with its cascading effects, it ultimately led to … Read more
As we know Employees’ State Insurance Corporation dispenses the benefits of helping social security and furnish health insurance scheme to workers. It is regulated by the Employees’ State Insurance Corporation (ESIC) according to rules and regulations stipulated in the ESI Act 1948. In this article we will discuss on the Fundamentals of ESIC. Main Fundamentals of ESIC … Read more
The central government has declared further flexibility to tax filers operating under the Quarterly Return Filing and Monthly Payment of QRMP) scheme of GST.In this article we will discuss on Government allows further operational flexibility. Government allows further operational flexibility The government has enabled further flexibility to tax filers operating under the Quarterly Return Filing … Read more
When it comes to business then, assessment of business accounts are important and necessary as well. Just to assess the business account, firms need to ensure that their organizations have the best accountant. An accountant is a person who provides Bookkeeping and Accounting Service. Here, we will be discussing liabilities in accounting. We will be also … Read more
Having a Trademark Registration for any type of business is very beneficial and important. Therefore, having trademarks can also be marketing material. Well, In this article, we will comprehend all about Trademark and look at Trademark class 38. Know about Trademark To register a trademark, one can use a word or a combination of words, … Read more
HSN stands for “Harmonized system nomenclature”, it is a 6 digit uniform code that classifies 5000+ products under GST. It is used for the systematic classification of products as well as facilitating international trade. In this article, we will discuss the List of HSN Code with Tax Rates. Criteria for levying HSN code An HSN … Read more
SAC stands for “Service Accounting Code”, It is a 6 digit code which is issued by CBIC to classify the list of services under GST. Each service has a different code and it is mandatory to use in a B2B invoice on your delivered service. In this article, we will discuss List of SAC Code … Read more
The Central government has declared the new notification on Bringing petrol and diesel under GST will not lower fuel oil prices by itself, unless both Union and state governments are inclined to take deep revenue cuts. In this article, we will discuss GST on Fuel and its significance. Know About GST GST is an indirect … Read more
The Finance Ministry defends EPF’s tax-free thresholds enabling government employees to have a tax-free threshold. This limit or threshold is 5 lakh for Provident Fund contributions. However, for private-sector jobs, employees having investments above 2.5 lakhs in PPF will be under taxation. This taxation system will begin this year. Therefore, In this article, we will … Read more