From Financial Year 2020-21, taxpayers will have the option of choosing between two income tax regimes. These options are the current/old tax regime and the latest, concessional tax regime. In this article, we will read about what are Income Tax Rates and Other important Information about Tax Regime. Income Tax rates and slabs under the … Read more
There is a piece of good news for beneficiaries of the Employees’ State Insurance scheme. The good news is of convergence of ESI and Ayushman Bharat. This scheme is beneficial in multiple ways. Therefore, in this article, we will learn about ESI, Ayushman Bharat schemes converged in detail. The convergence of the ESI scheme with … Read more
APEDA upgraded the GrapeNet System on 13th February of 2021. The date is also known as the Foundation Day of Agricultural & Processed Food Products Export Development Authority (APEDA). In the upgraded system of GrapeNet, APEDA announced the integration into Cloud Migration and Blockchain. In this article, we discuss APEDA upgrades the GrapeNet. About GrapeNet … Read more
The first thing that sets you apart from the competition is a Trademark for a new business or organisation. Trademarks are well-known for playing an important role in the success of any company because trademarks have multiple advantages. It can, for example, help you create brand recognition, gain consumer trust, and protect your company’s brand … Read more
Goods and Services Tax (GST) is an indirect tax. It is imposed on the supply of goods and services across the country. It has brought uniformity in the indirect tax hierarchy by replacing all the indirect taxes that existed in the pre-GST regime. In this article, we Discuss GST on Banquet and Catering Services. About GST … Read more
As we know India’s farm subsidy policies appeared under the scanner at the World Trade Organization (WTO) during the country’s trade policy review (TPR), with fellows such as Canada, the US and Australia complaining that India has not proclaimed its agriculture export subsidies for more than eight years. In this article, we will discuss on … Read more
Non-basmati rice exports in India had been increased to Rs.26,000 crore from April to January, the financial year 2020-2021. It was confirmed by the Indian Commerce Ministry on Thursday. In this article, we will discuss the notification on Non-basmati exports Notification on Non-basmati rice exports The Indian Commerce Ministry confirmed that Non- basmati rice exports … Read more
GSTIN became one of the mandatory requirements for registration on the portal on April 1, 2021, as announced on November 26, 2020. Therefore, several MSME organizations reported that the requirement of a GSTIN is affecting the registration process. To resolve this, the Government announced the excellent news of simplified MSME Udyam registration. In this article, … Read more
As we know GST presently has no such provision to revise or modify a return once it has been filed. While the current system for amending returns is proposed. Therefore, he has to be incredibly alert while filing his GST returns to avoid the suffering of unnecessary reconciliations. In this article, we will discuss the … Read more
The Ministry of Finance has announced the 19th weekly instalment of Rs. 2,104 crore to the States to engage the GST compensation shortfall. Out of this, an amount of Rs. 2,103.95 crore has been acquitted to 7 States and a proportion of Rs. 0.05 crore has released to the Union Territory of Puducherry. In this … Read more