The government of India implemented the indirect tax system known as GST (Goods and Service Tax) in 2017. Because of the difficulties that taxpayers encountered, a unified system of taxes was developed. Since 2017, all businesses in India have been required to collect GST from their customers. Central Goods and Services Tax (CGST) and State … Read more
Trademark renewal is the process of maintaining and protecting your trademark (TM) rights in India. It is important to renew your TM because it ensures that your brand remains legally protected and distinguishable from other brands in the market. In this article, we will discuss the process of trademark renewal in India, including the requirements, … Read more
GST liability on commission agents brokers A revolutionary change in Indian history is the good and service tax. One of the primary areas where many uncertainties and questions are raised regarding the Goods and Service Tax is whether GST is applied to commission and brokerage. Know all about it through this article. Basics about GST … Read more
The Goods and Services Tax (GST) is an all-encompassing multi-step destination-based tax that is assessed on any and all value added. The GST’s key benefits include transforming India into a single market by eliminating interstate obstacles, taxing inequalities, check post delays, and challenges with transit permits. The use of illicit money and corruption are also … Read more
The two registrations, 12A and 80G, are given by the Income Tax Department to NGOs so they can benefit from tax exemption and allow contributors to deduct their donations. An NGO with 12A and 80G registration is more likely to be approved for generous financing and numerous tax breaks. Know all about 12A and 80G … Read more
Infant food plays a crucial role in the development and growth of babies. It is important that the food products meant for infants meet certain safety and quality standards. FSSAI (Food Safety and Standards Authority of India) is the national regulatory body responsible for laying down standards for food products in India, including infant food. … Read more
The Goods and Services Tax (GST) is a value-added tax that is levied on the supply of goods and services in India. It is a comprehensive tax that subsumes various indirect taxes such as the Central Excise Duty, Service Tax, and Value Added Tax (VAT). GST is implemented through a dual GST model, which means … Read more
The Ministry of Micro, Small, and Medium Enterprises (MSME Registration) runs a number of initiatives and plans for the country’s MSME sector’s growth. The government has implemented an investor-friendly policy to encourage foreign direct investment (FDI), with the exception of a few strategically important sectors/activities, all of which are open to 100% FDI under the … Read more
A $1.6 billion copyright infringement case brought Spotify into the public eye for all the wrong reasons. An organization called Wixen that publishes music brought the complaint against Spotify. In the case, Wixen claimed that Spotify had violated copyright by granting access to illegal music to its 60 million subscribers. Therefore, the authors and publishers … Read more
India is a very alluring market for foreign investors and businesspeople. You must register under GST if you are a non-resident and intend to open a business here. In this article, we’ll go through how non-residents register for GST and the necessary forms. Under GST, who qualifies as a “Non-Resident Taxable Person”? Any person who … Read more