Business Updates

Non-basmati rice exports increase to Rs 26,058 cr during April-Jan

Non-basmati rice exports

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

MSME Udyam registration simplified: GSTIN not mandatory, PAN card can be used

MSME Udyam registration simplified

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

Mistakes to avoid in Charging or Reversing of GST

Mistakes to avoid in Charging or Reversing of GST

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

GST Compensation Shortfall released to States reaches Rs. 1.06 lakh crore

GST compensation shortfall released

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

An Overview of GST- Benefits & Important Components

Overview of GST

GST stands for Goods and services tax, which replaces the former indirect tax system in India like VAT, E-Duty, Service Tax, and many other indirect taxes. Here, we have given an Overview of GST which includes the definition, its benefits and other information. The GST got an approval on the 29th of March 2017 in the … Read more

ISO Certification for Restaurants and Hotels

ISO Certification for Restaurants and Hotels

An ISO certification ensures your customers that the food served in your restaurant or hotel is of the highest quality. Also, it reflects that the food served is prepared using hygienic ingredients. Moreover, it helps show customers that you are much concerned about the food you serve. As such, it relieves customers from the worry … Read more

How to Buy Barcodes for Amazon

How to Buy Barcodes for Amazon

In order to sell on leading online marketplaces, you’ll want an accurate way to specify your products. GS1 and UPC is the global authority for the unique identification of products and companies, which serve as the building blocks for barcodes. In this Article, we will discuss how to buy barcodes for Amazon. Barcode for Amazon … Read more

GST on Fashion Designing Services

GST on fashion designing services

Goods & Services Tax(GST), launched in July 2017, is the new tax regime. Introducing a single tax system government introduced GST to replace many indirect taxes in India, such as the excise duty, VAT, services tax, etc. In this article, we will discuss GST on fashion designing services, and it’s SAC codes. Before diving deep … Read more

FSSAI Licenses Required To Make Health Drinks In India

FSSAI Licenses Required To Make Health Drinks In India

The health drinks business in India has gained increasing momentum in the past several years. A significant section of the population has increased its consumption of various health drinks for fulfilling nutritional deficiencies. The health drink business is growing rapidly because of the growing awareness among people regarding their health and fitness levels. This blog … Read more

ISO Benefits for Manufacturing Companies

ISO Benifits for Manufacuring institute (1)

Different types of companies use ISO certification as a known method of presenting customer loyalty and monitoring product and service quality within their industry. Most successful companies follow standards set by ISO. Having an ISO certificate for manufacturing companies gives them additional advantages. Therefore, to succeed in the international market, having ISO certification can be … Read more