Business Updates

GSTR 3B Return Filing- What is GSTR 3B? and How to file?

GSTR 3b Return Filing- What is GSTR 3b and How to file

A monthly authentication report of GSTR 3B Return Filing to be filed with GSTR 1 and GSTR 2 return forms by a registered GST merchant. GSTR 3B Return Filing is a simple return report that summarizes a tax period’s GST responsibilities. Under Section 39 of the 2017 Central Goods and Services Tax Act, every taxpayer … Read more

Professionals can now verify Income Tax Returns of Bankrupt Companies

A piece of good news for insolvency professionals as the central government has increased its powers. Professionals can now verify the income tax returns of bankrupt companies. Furthermore, It is also the duty of professionals to comply with the regulations set forth for certain company tax returns that are governed by income tax (24th Amendment) … Read more

Food Items traded In Marketplaces Not Upto Standard: FSSAI

Food Items traded In Marketplaces Not Upto Standard FSSAI

Sample of 24.58% of the foodstuff items put up for sale in the marketplaces across the nation. It has not been established to be up to the normal during the examination; approximately 3.8% of the foodstuff items sold openly in the marketplace have turned out to be insecure. Besides, this article will give you vital … Read more

Facebook Launches ‘Small Business Loans Initiative’ In India

Facebook Launches 'Small Business Loans Initiative' In India

A piece of good news for Indian entrepreneurs as Facebook launches ‘Small Business Loans Initiative’ in India. This Initiative is currently exclusive to Indian Small Enterprises. The initiative will have a significant impact on MSMEs and thus on the Indian Economy as well. In this article, we shall discuss the latest news by Facebook launching the … Read more

Udyam Registration For Limited Liability Partnership (LLP) – MSME

Udyam Registration For Limited Liability Partnership

The administration of India has launched the latest online registration procedure of the enterprise called Udyam Registration, to register under the department of MSME on 1st July 2020. This Registration portal is a one-window portal on self-statement without any credentials needed to upload certificates, papers, and evidence. According to the announcement of the Indian management, … Read more

Taliban Stops Imports-Export from India

Indian tobacco seeks 5% tax relief to boost exports

On Wednesday the Federation of Indian Export Organizations (FIEO) claimed that the Taliban – again after more than two decades – cancelled all imports and exports to India, taking control of Afghanistan’s capital Kabul. This is important news and can impact the prices of dry fruits. In this article, we will discuss the latest news … Read more

Income Tax dept detects illegal export of medicines

Income Tax dept detects illegal export of medicines

After conducting investigations at sites connected to an organization involved in the sale of telecom equipment, the Income Tax Department uncovered massive illicit exports of pharmaceuticals from India to China, officials said. In this article, we will discuss this latest news of Income Tax dept detects illegal export of medicines in detail. Illegal export of … Read more

How To Apply for MSME loan online

How To Apply for MSME loan online

MSMEs meant for Micro, Small and Medium enterprises operate by more miniature company holders who offer a range of services in the society. This MSME loan is generally offered to aid entrepreneurs to initiate smaller companies and helps company owners improve their companies. This article will demonstrate all the information about how to apply for … Read more

Income Tax Return: Who should file ITR for FY 2020-21?

Income tax return Who should file ITR for FY 2020-21

Who should file ITR for FY 2020-21 and How to file ITR is are the two most popular questions among taxpayers. Furthermore, many citizens aren’t aware of the benefits of ITR Filing. Thus, In this article, we will discuss important things about ITR Filing that we all must know. What is ITR Filing? The Income … Read more