GST on Transport

gst on transport

As we all know, Transportation plays a vital part in the economy, as any difficulty in transportation disrupts the entire business channel. However, as per the National Highways Authority of India, about 65% of freight and 80% of passenger traffic is transported roads. Transportation of goods by road taken by transporter or courier agency. In … Read more

How to Sell Products on Amazon

how to sell products on amazon

In the era of digitalization, many online platforms have opened the door for an online platform to sell and purchase goods and services. As we all know, Amazon is one of the highly-rated e-commerce portals where one can easily sell and buy products online. Amazon India was launched in the year 2013 and presently trades … Read more

Parle Agro filed trademark infringement against Walmart India

trademark voilation between parle vs walmart india

As we all know, the foreign countries have always faced the battles between the different brands for the trademarks and copyright. Similarly, India has now newly started facing these legacy battles between big brands. Also, it is a rare case of a domestic company suing an MNC for trademark violation. Parle Agro has proceeded with … Read more

PM Modi announces New Tax Reforms to boost transparent taxation

Faceless, seamless, painless

A new Tax Reforms has been introduced called Faceless Assessment, Transparent Taxation launched by CBDT (Central Board of Direct Taxation). It is beneficial for the entrepreneur and ease the compliance burden of taxpayers and reward honest taxpayers by Faceless, seamless, and painless. Also, it provides a transparent system by digital transactions and electronic modes of … Read more

MSME in India – New Guidelines for Udyam Registration

GST and ITR for MSME

Recent Notification issued by the Government of India notified on new eligibility, and guidelines for Udyam Registration for Micro Small & Medium Enterprises(MSME). Every business has to obtain GST registration and file Income tax return on or before 31st march 2021 to sustain the validity of the MSME Certificate. According to the Government’s revised guidelines, MSME is now placed under the … Read more

The recovery of Strike Off Company without Fee of RoC Penalty

roc penalty

If you have a company that continuously suffered due to the pandemic COVID-19, the ministry of corporate affairs (MCA) has come up with a new scheme Companies Fresh Start Scheme, 2020 (CFSS) which specify that there is a recovery of the strike-off company without fee of roc penalty (Registrar of Companies) and also considered for removal of Directors … Read more

Everything Know about Apple Watch Series 6 with new patent

apple watch

Apple watches series 6 has launched new Apple Watch Series 6 with new patent the Fall Detection feature as many leaks and stories have given us an idea to expect from the upcoming iPhone 12 models, one of the patents discovered by Patently Apple website ultimately indicates a feature that may arrive in Apple Watch … Read more

New Rules and Regulation For Gratuity by Central Government

gratuity for workers

New Rules and Regulation For Gratuity by Central Government on Labour, in their report on Code on Social Security, 2019, has approved that the Eligibility Period for Payment of Gratuity to an employee after termination will be reduced. The Government also considered for Reduces the Eligibility period for gratuity from five to one consecutive year. … Read more

RBI Loan Restructuring Scheme: RBI sets up panel to deal with coronavirus

RBI

In its financial policy review on Thursday, the Reserve Bank of India provided the agreement to an RBI Loan Restructuring Scheme for stressed borrowers. A special window granting one-time loan restructuring to companies and individuals, it will give relief particularly to those affected by the Covid-19 pandemic. However, Under the COVID Loan Restructuring Scheme, consumers may get more delay … Read more

Income Tax Return Filing (ITR) date extended

ITR Filing

  To offer some relief to taxpayers in the pandemic, the Central Board of Direct Taxes newly extend Income Tax Return Filing (ITR) date extended for Financial Year 19. On Wednesday, the government increased the period for ITR Filing for FY2018-19 by a month till July 31, 2020. The scheduled date for the income tax return … Read more