Do you wish to expand your business? Converting your business from sole proprietor to LLP in India will help. Learn the process to convert Sole proprietor to LLP along with benefits in this article. Is it possible to convert Sole Proprietor Business to LLP Firm in India? You can not convert Sole Proprietor Business to … Read more
In this article, you will learn how to verify your IEC code online, which enables your business to engage in international trade by facilitating imports and exports to global markets. What is the IEC Code? An IEC (Importer Exporter Code) certificate is a mandatory document for businesses that import or export goods from India. I … Read more
Selling on Amazon offers a vast customer base, user-friendly listing, and efficient fulfillment services, making it an ideal choice for online business. With its user-friendly platform that allows you to create listings within minutes, free from listing fees. You can easily sell your products online and expand your business in all directions. Therefore, learn the … Read more
On October 26, the Central government announced a reduction in the minimum export price for basmati rice from $1,200 per tonne to $950 per tonne. The decision came in response to concerns that the higher pricing had been negatively impacting the volume of basmati rice exports. This adjustment was communicated by the Union Commerce Ministry … Read more
FSSAI is the main body responsible for food safety in India. It sets regulations and requires food businesses to be registered and licensed. There are three types of FSSAI license, depending on the type, size, and turnover of the business. Let’s understand all about the three types of FSSAI Licence so that you get the … Read more
The CBDT (Central Board of Direct Taxes) has released a new notification on October 23, 2023. This new notification is a huge relaxation and allows people more time to submit a Form 10IC for the year 2021-22. Let’s understand it in detail so that you can benefit from it. CBDT’s New Deadline for Form 10-IC … Read more
Singapore’s Corporate Tax Rates Companies in Singapore, both local and foreign, have to pay tax on their income. The corporate tax rate in Singapore is 17%. This is lowest amongst the corporate taxes all around the globe and there are also several other benefits of Company Registration in Singapore. Furthermore, there are tax exemptions available … Read more
Understanding the impact of GST on India’s IT sector is really important for all of us in this new modern age. Before GST, India had a complicated tax system with many different taxes. Thus, causing confusion in India’s IT Sector. But GST simplified things by bringing all these taxes together. This made it easier for … Read more
GST payment status is crucial for businesses to verify for compliance. It can be tricky to navigate the portal at first, but here’s a quick guide that you can use to check the GST Payment Online. Stepwise Process to check GST Payment Online You can check your GST payment status without logging in by following … Read more
GST rules provide a strong compliance base, undergoing periodic revisions for simplicity and fairness. Non-compliance or any other reason may lead to cancellation or suspension of a taxpayer’s GST registration. To address this, let’s explore the causes and potential solutions to suspension of GST Registration through this article. What are the potential reasons for suspension … Read more