GST is a key part of business taxes in India. It streamlined taxation by applying a single tax to goods and services. Yes, Sole Proprietors can definitely have 2 GST Numbers but in only certain scenarios which are discussed below. Furthermore, For sole proprietors, it’s vital to grasp GST implications and the possibility of having … Read more
If you want to start a new business abroad or expand your current one globally, Singapore is a great choice. It’s known for its business-friendly laws and easy operations. Get to know the complete information in this article so that you can register a Singapore company from India easily. What are the requirements for registering … Read more
The yearly study carried out on micro, small, and medium enterprises (MSMEs) revealed substantial advantages for those who embrace e-commerce platforms. MSME use digi wallet benefits a lot and let us understand the latest findings through this article. Digital Wallets and E-commerce Integration: Boosting MSME Prosperity in India A recent study by The India Council … Read more
A Joint Development Agreement (JDA) is a prearrangement between a landowner and a developer or builder. In this agreement, the landowner contributes their land, while the developer takes on the responsibilities of obtaining approvals, constructing, launching, and advertising the project with the financial resources at their disposal. JDA is subject to GST and complying with … Read more
Goods and Services Tax (GST) is a comprehensive indirect tax in India. It is levied on the manufacture, sale, and consumption of goods and services in India. GST rates vary depending on the specific goods and services. Thus, it is important to know about GST on Leather and Leather Products so that you can run … Read more
The Food Safety and Standards Authority of India (FSSAI) is like a guardian that makes sure the food you eat is safe and good. If you sell food in India, you have to follow FSSAI rules and comply with all the FSSAI rules mandatorily. But, following these rules can be tough sometimes. In this article, … Read more
On October 7, 2023, the 52nd GST Council Meeting happened, where they discussed important things and made decisions to help taxpayers. Here’s a quick summary of what they did to make taxes easier, revision in GST Rates, clear up confusing laws, and provide a chance for people to resolve old tax issues. Changes in GST … Read more
Digital entertainment industry is thriving in India. However, you must also know that the entertainment industry is also not free of taxes. Discover how GST affects your favorite entertainment apps in India in this straightforward article. Online supplies of digital content, like music, movies, and TV shows, are called OIDAR services. OIDAR stands for Online … Read more
India’s historical dominance as the leading diamond polishing nation is facing competition from China, which is experiencing a significant increase in diamond production. This has prompted India to turn to its ally and primary supplier of rough diamonds, Russia, for support in safeguarding its market position. Let’s learn about the latest updates in the diamond … Read more
Online gaming companies like Dream 11, Games 24×7, and Head Digital Works are in trouble because they have to pay more than Rs 55,000 crore in taxes. Now, they are running to courts as they fear bankruptcy and other challenges. Let’s learn about the latest updates in the Gaming Industry. DGGI Sends Notices to Online … Read more