Micro-Small & Medium Enterprises (MSMEs) provide largely in the socio-economic development of our country. Also, provide Key Benefits of MSME – CIBIL score Loans without Collateral. However, MSMEs comes under the Ministry of Micro, Small & Medium Enterprises and are expected to be registered to avail benefits under the Micro, Small and Medium Enterprises Development … Read more
The GST department has recently announced that the ban on deemed approval of GST Registration shall now be lifted soon. As we know that the country was under complete lockdown since 25th March 2020, on account of COVID-19 pandemic. There were many people who had filed applications for GST Registration, which were being deemed approved … Read more
The Government has once again revised the MSME threshold limit. Recently, under the newly announced Atmanirbhar Bharat Special economic & comprehensive relief package of ₹20 lakh crores, the Government had revised the definition of MSMEs and had given a new threshold limit for MSMEs. Now, the Ministry of Micro, Small and Medium Enterprises has again … Read more
The 40th GST council meeting had cleared regarding the late fee on GST return filing. We shall today discuss the minutes regarding the GST late fee. Great Relief! Businesses can file GSTR-3B without DSC during COVID-19 Lockdown Interest on Late GST return filing Taxpayers can file returns thanks inside March, April, and May 2020 by … Read more
In the series of diplomatic actions against China, now India will ban Chinese companies from taking part in the highway projects in India. Let us understand this update in detail. Reason for India ban on Chinese companies in highway projects After the clash in the Galwan valley, the relationship between India and China has … Read more
The government has now launched a mega-saving scheme: The Floating Rate Savings Bonds 2020. As we all know, due to COVID-19 Crisis, the rate on Savings Account and FD is decreasing every day. If you want to save your money or invest it, India’s Government has launched a new scheme for you. This scheme is … Read more
The Ministry of finance of the Indian government has passed one announcement. This is regarding the revocation of the cancellation of GST registration. Let us understand in detail regarding the one time chance for revocation of cancellation of GST registration. Guidelines for Cancellation of GST registration As per the subsection (2) of section 29 … Read more
In major diplomatic strife with China, the government has recently banned 59 Chinese Apps. This is a chance to encourage the Indian Apps that can totally replace their Chinese contenders. As we are all aware of the recent clash between Indian and Chinese along the Line of Actual Control (LAC), in which 20 valiant Indian … Read more
Good News for MSMEs! The enterprise registration process in India is now simple, convenient, and faster. The new enterprise registration with Aadhar card will begin on July 1, 2020. Let us know all the critical information regarding Enterprise registration with the Aadhaar card. How to get Enterprise registration with an Aadhaar card? Here are … Read more
Our honorable PM Sh Narendra Modi has launched one more scheme- Atmanirbhar Uttar Pradesh Rozgar Abhiyan, for the state of Uttar Pradesh. As we know that PM Modiji has established a new aim of Atmanirbhar Bharat to strengthen the Indian economy. On the same grounds, Modiji has now launched the Atmanirbhar Uttar Pradesh Rozgar Abhiyan. … Read more