A huge relief for the nation’s $180 billion industry of BPO (Business Process Outsourcing) and IT Companies. The GST Council on Friday released a clarification that will open up hundreds of crores in tax refunds for IT, financial services, and research and development sector firms, and eliminate the four-year-old problem that has led to large-scale … Read more
On September 17, 2021, Finance Minister Nirmala Sitharaman chaired the first in-person GST Council meeting since the coronavirus pandemic began. The 45th meeting of the GST Council was conducted in Lucknow. The council members discussed a number of GST topics, including state compensation and revisions to GST rates on Covid essentials, whether or not the … Read more
Every business needs funds. Without funding or capital, no business can be successful. In fact, businesses always need funds on a daily basis to carry out their operations. But if you are an entrepreneur or a startup, raising funds can be a challenging task. This article highlights the multiple ways to apply for MSME Loan. … Read more
A piece of Important news for Fruitarians or Vegans, and Vegan Product Businesses in India. The FSSAI has notified new Food Safety Standards and formulated a new safety code for Vegan food. The draft notification was issued on September 6, 2021. Thus, this article discusses the new notification by FSSAI on Vegan Food Products in … Read more
For the financial year 2020 to 2021, the time limit to file ITR (income tax return) is September 30th, 2021 (it expanded from the typical time limit of July 31st, 2021 owing to the Coronavirus). Till the previous year, if a levy payer missed the ITR filing time limit, the greatest Penalty they would have … Read more
TDS Return Filing is one of the most crucial components of financial management in Income Tax. People should maintain track of their earnings, Investments and make plans for a Life Insurance policy, a name plan, or another Tax-saving strategy. The government does not rely just on Income tax to fund its operations. It also receives … Read more
Gaming is no Exception in virtual reality that has become an important part of our life. The epidemic has also led to a transformation in children’s playgrounds. In India, both the income and consumption of the online gaming sector have grown exponentially. Online gaming is forecast to increase at a combined pace of 22 percent … Read more
The administration has given several Income tax benefits to the assessee on accommodation loans. Income Tax Act offers tax advantages on refunding a principal constituent of loan and refunding interest constituent of loan. In this article, we will discuss on Income Tax Benefits Available On Housing loans. Income Tax Benefits Available On Housing Loan Deduction … Read more
To Start a Paper Bag Business in India can be a profitable business for anyone in the long run. There are several reasons for this. The primary reason is that paper bags are a requirement of almost every industry in India. Secondly, the government in India is pushing forward environment-friendly solutions to several problems, including … Read more
The GSTR 9 is documentation submitted once per year by a taxpayer having GST Registration. This record will include all resources in the form and received underneath the several headings of tax (CGST, SGST, and IGST) throughout the whole year, including sales and audit information. In this article, we’ll learn about GSTR 9 Return Filing. … Read more