Business Updates

AI Bookkeeping and Accounting Service: The future of Accounting for Business

AI Bookkeeping and Accounting Service The future of accounting for business

With time, the methodology of a business changed a lot because the traditional process consumed more time and effort and that resulted in the fall of productivity. But in the digital world, everything is moving very fastly and AI made the process even simpler in the business. As per the business report, many giant companies are … Read more

MSMEs need to integrate with Global Value Chains: Union minister

MSMEs need to integrate with global value chains Union minister

MSMEs need to integrate with global value chains, is a valuable statement by the Union Minister. The  Minister highlights that MSMEs need to understand the importance of integration with global value chains.In this article, we will read about the Union Minister’s recommendations regarding MSMEs need to integrate with global value chains. MSMEs need to integrate … Read more

ISO 27001 Certification for Startups

ISO 27001 Certification for startups

ISO 27001 Certification for startups has become more crucial than ever. We all know, most of the startups in India are on digital platforms. Furthermore, these startups have digital business models involving a lot of valuable data. Consequently, Data Breaches and cyber attacks are also increasing, especially on startups. Therefore, having standards and practices ensuring … Read more

Know all about Direct and Indirect Taxes in India

Know all about Direct and Indirect Taxes in India

As we know, The cost of running an entire country, especially one that is as large and populated as India, is humongous. It is through the taxes we pay that the government can perform all operations. In other words, without taxes, it would be impossible for the government to run the country. Therefore, In this … Read more

APEDA Plans to promote export of Assam’s GI tagged products 

APEDA Plans to promote export of Assam’s GI tagged products

Assam would soon have its agency to support the export of GI (Geographical Indication) tagged products like Agri- Horti products, informed Dr. M Angamuthu (APEDA chairman) to leading regularly from Assam. To provide an enhancement to the unique products of Assam, the APEDA would soon set up Assam’s Geographical export forum and promotion. In this article, … Read more

Barcode Registration Process in India

Barcode Registration Process in India

Barcode is a machine-readable symbol or image that is characterized by parallel lines and varying in width. Barcode is mainly used to identify and track product details like serial numbers, product numbers, and batch numbers, etc. In addition, this article gives all the information about the Barcode Registration Process in India along with its types. … Read more

ISO Certification for Chemical Industry

ISO Certification for Chemical Industry

Many companies and industries are working on ISO Certification for Chemical industry to make their factories safe and secure for the environment. ISO standards are the first step towards this goal. It saves your business from the risks of a safety management system and helps to grow your bottom line and secure your environment. In … Read more

GST on Medicines and Medical Supplies in India

GST on Medicines and Medical Supplies in India

Knowing GST on Medicines and Medical Supplies is crucial, especially when a coronavirus crisis is happening. The GST Council has decided on the GST rates for pharmaceuticals in India on 3 June 2017. As we all know, the GST is collected at five different rates according to the Council resolution, namely NIL, 5%, 12%, 18% … Read more

Higher TDS deduction if Income Tax Return not filed for 2 Years

Higher TDS deduction if Income Tax Return not filed for 2 Years

To ensure the taxpayer’s income tax return filing compliance is fulfilled, the government has implemented a new provision in the Income-tax Act, 1961. Furthermore, there have been thousands of cases where TDS on interest income have been deducted, but the individual does not file ITR. Thus, to ensure the correct income gets reported, the government … Read more

Essentials point to keep in mind before filing ITR this year

Essentials point to keep in mind before filing ITR this year

The government provided relief to taxpayers by extending the deadline as the nation is suffering from a frightful coronavirus pandemic. Filing ITR ( Income Tax Return) this year is extended to 30th September 2021 for Financial Year 20-21. Therefore it is essential to keep in mind some points before you do ITR Filing. In this … Read more