It is important to let your customers know that your business operations adhere to a high standard. An ISO certification does just that. It is said that customers are the key to a business. Furthermore, Customers like to buy their products and services from a business which they can trust. To ensure that they can … Read more
Finance Minister Smt. Nirmala Sitharaman’s announcement of significant revisions to tax slabs under the new tax regime and a significant increase in expenditure for railroads and capital spending along with incentives to key sectors was good news for taxpayers and the economy. The Union Budget 2023, the fifth budget under Modi 2.0, was delivered by … Read more
In order to simplify India’s indirect tax structure and lessen the impact of additional levies, the country adopted a consumption-based tax system known as the Goods and Services Tax (GST). It is the responsibility of any business that has registered for GST to keep their GST registration certificate updated at all times. This post will … Read more
The Food Safety and Standards Authority of India (FSSAI) was formed according to the Food Safety & Standards Act, of 2006. FSSAI registration/ license is a compulsory requirement for all FBOs( Food Business Operators). The registration process takes place on the platform. Know all about the FoSCoS FSSAI Registration process through this article. What is … Read more
The Goods and Services Tax (GST) in India is an all-encompassing indirect tax on the selling of goods and services. It is a tax based on the market value of the products or services and is collected at each stage of the distribution network. In India, the Goods and Services Tax (GST) is the successor … Read more
Food Safety Compliance System is the name of the currently used online application for regulating FBOs(Food Business Operators).. Previously, the Food Safety Standards Authority of India or FSSAI used an application called FLRS or Food Licensing and Registration System. Currently, it is the FoSCos. Therefore, the key difference is not between FSSAI and the online … Read more
These days, registering your online food business with a food aggregator like Zomato, Swiggy, Food Panda, etc. is a must if you want to grow and beat the competition as a food business operator. The growth of the internet food industry, as well as the trend toward in-home deliveries, are also contributing factors to starting … Read more
The Goods and Services Tax (GST) is an indirect tax levied on the sale of goods and services in India. The GST is administered and collected by the Central Government, in conjunction with the State Governments, to ensure that taxes are paid on all transactions. GST registration is mandatory for all businesses in India, and … Read more
Circular 190/02/2023-GST, issued by the Central Board of Indirect Taxes and Customs (CBIC) on January 13, 2023, provides guidance on whether or not GST applies to a variety of services. This also includes clarification on applicability of GST on Incentive paid by MeitY(Ministry of Electronics and Information Technology) to acquire banks under Incentive scheme for … Read more
Goods and Services Tax (GST) is a comprehensive, indirect tax levied on the supply of goods and services in India. Goods and Services Tax was introduced in 2017 to replace various indirect taxes levied by the central and state governments. In this article, we will understand the applicability of GST on health insurance in India. … Read more