What Is The Eligibility Criteria For GST Registration?

What Is The Eligibility Criteria For GST Registration

GST is a value-added tax on the supply of goods and services in India, introduced on July 1, 2017, to simplify the indirect taxation system. Businesses supplying goods or services with a turnover above a certain threshold must register for GST. However, there are other criterias as well. This article will cover all the eligibility … Read more

GST on Television [TV] in India

GST on Television [TV] in India

This article will guide you about important information regarding GST on Television in India. The introduction of GST has had a significant impact on the television industry, affecting both Indian manufacturers and customers. Thus, it’s important to know about GST on Television [TV] in India. Understanding the Taxability of GST on Television Sales Under GST … Read more

New Tax Calculator | Old vs New Regime Comparison

New Tax Calculator Old vs New Regime Comparison

This blog aims to guide you about the New Tax Calculator which was recently launched on the income tax portal. As a taxpayer, it is important for you to calculate your taxes in the right way. A wrong calculation can lead to pain of Income Tax Return Filing once again. It may also lead to … Read more

New Labour Codes Increase PF Liability and Reduce Take-Home Salaries

New Labour Codes Increase PF Liability and Reduce Take-Home Salaries

On April 1, 2023, the revised New Labour Codes will become effective. This will impact the financial obligations of businesses and the net income of workers to a significant extent. Let’s understand the impact and latest updates of New Labour Codes. EPFO oversees EPF program with proposed contribution rate hike The Employees’ Provident Fund Organization … Read more

MSME Relaxation & Benefits in Budget 2023

MSME Relaxation & Benefits in Budget 2023

MSMEs not only generate employment, but they also support big industrial houses and other entities. Thus, it’s rightly said that the MSMEs are the backbone of industrial development in the country. In emerging economies like India, the MSME sector can account for up to 40% of the GDP. So, the importance of MSMEs in economic … Read more

Patent Registration in India for Drones

Patent Registration in India for Drones

Patent registration is the process of obtaining legal protection for an invention. A patent is a legal document granted by a government that gives the inventor exclusive rights to use, sell, and manufacture their invention for a certain period of time, usually 20 years from the date of filing. The Patent Registration in India for … Read more

How to Check FSSAI License Number Online?

How to Check FSSAI License Number Online

The Food Safety and Standards Authority of India (FSSAI) is a regulatory body established under the Food Safety and Standards Act, of 2006. FSSAI is responsible for ensuring the safety and quality of food products in India. Every food business operator (FBO) is required to obtain an FSSAI license to operate legally. If you want … Read more

MCA Allows Offline Filing of Eight Forms

MCA Allows Offline Filing of Eight Forms

The MCA has authorized the submission of Forms GNL-2, MGT-14, PAS-3, SH-8, SH-9, and SH-11 in physical form. All the crucial information regarding physical filling of forms is mentioned in this article. MCA allows physical filing of Forms GNL-2 and MGT-14 during MCA21 Portal transition The Ministry of Corporate Affairs (MCA) has announced that companies … Read more

CBDT Implements Stricter Audit Norms for Charitable Trusts

CBDT Implements Stricter Audit Norms for Charitable Trusts

Charitable trusts are now subject to stricter reporting regulations by the income tax authorities, requiring additional information in audit reports and placing greater responsibility on auditors. Thus, the Central Board of Direct Taxes (CBDT) has introduced changes to the audit reports for charitable trusts. Let’s understand the latest updates for Charitable trusts through this article. … Read more

How Much Time Does It Take To Get a GST Number

How Much Time Does It Take To Get a GST Number

GST (Goods and Services Tax) registration is a process by which businesses obtain a unique GST number from the government of India. The GST number is necessary for businesses to be able to legally collect and remit GST on their taxable supplies. To obtain a GST number, a business needs to apply for GST registration. … Read more