News

Company Annual filing return for FY 20-21 Further extended

Company Annual filing return for FY 20-21 Further extended

Companies are relieved as the ROC deadline for the AGM of FY 2020-21 has been extended. Requests from various corporations and other stakeholders prompted this new MCA notice. A postponement of the FY21 Annual General Meeting (AGM) was requested by corporations all around the country. Company annual compliance deadlines for FY-2021-2022 were previously extended by … Read more

Union Budget 2022 Highlights

Union Budget 2022 Highlights

A version of the Union Budget for the year 2022 was unveiled on February 1 by Finance Minister Nirmala Sitharaman. Sitharaman, India’s Finance Minister, delivered the Union Budget 2022 to Parliament. In honor of “Azadi ka Amrit Mahotsav 2022,” the budget has been termed the “Amrit Budget.” According to the Finance Minister, India’s GDP growth … Read more

MCA Increased additional fees on Forms for late filing

MCA Increased additional fees on Forms for late filing

The Government has released a new and strict tax regime for the corporations in India. As per the latest notification, MCA increased additional fees on Forms for late filing. Now the delay in compliance can cost you a hefty amount. Hence, it is the right time to file all the pending forms and arrange the … Read more

CBIC Extends Annual GST Return Filing Due Date of FY21

CBIC Extends Annual GST Return Filing Due Date of FY21

A piece of good news for taxpayers as CBIC extends annual GST return filing due date of FY-21. This was done as multiple businesses were requesting the extension of the deadline for the financial year 2020-21 which ended in March 2021. The CBIC notified this good news of the deadline extension on its official Twitter … Read more

GST Burden shifts to Food & Cab, e-commerce operators

GST Burden shifts to Food & Cab, e-commerce operators

A piece of important information for all the Indian taxpayers and businesses. The GST Council had identified that the exchequer suffered a hefty loss. Because of underreporting or no reporting from food and cab aggregators.  Therefore, the government has launched new measures to curb tax evasions. These new measures were notified earlier and are coming … Read more

Hike in GST on Footwear & Garments

Hike in GST on Footwear & Garments

An important update for taxpayers and businesses in India. As per the recommendations of the GST Council, the CBIC is implementing a hike in GST on Footwear & Garments from 1st Jan 2022. The Hike in GST on Footwear & Garments will be effective from day 1 of the new year and thus it will … Read more

CBIC notified Hike in GST tax Rate on Fabrics, Apparel, Footwear

CBIC notified Hike in GST tax Rate on Fabrics, Apparel, Footwear

Major news for taxpayers and the common man in India. The news will directly impact your pocket. As per the latest updates, the CBIC notified a hike in GST Tax Rate on Fabrics, Apparel, and Footwear. The hiked rates are expected to directly impact the major business industries in the sector of Fabrics, Apparel, and … Read more

MCA extended due dates for Company Annual Filings

MCA extended due dates for Company Annual Filings

An important and positive news for incorporated companies. The news is that MCA Extended due dates for company annual filings. Earlier, Company’s annual filing is due on 30th October 2021 for the financial year 2020-21. Now, it’s a big relief to the companies this Diwali. Since the due date for filing ROC forms extended further … Read more

SKML Temple Bags ISO Certification

SKML Temple Bags ISO Certification

Recently, Sri Kanaka Mahalakshmi aka SKML temple bagged ISO certification. International Organization for Standardization or ISO certification is given to the SKML temple with a view to the cleanliness, good services to the devotees, and good work by the employees of SKML. In this article, we will understand about ISO Certification and the benefits of … Read more

APEDA to Promote Agricultural products from J&K, Ladakh

APEDA to promote agricultural products from J&K, Ladakh

The APEDA (Agricultural and processed food products export development authority) has initiated new drives to popularise J&K and Ladakh’s agricultural products. The various agricultural products such as Acacia honey, Mushk Budji aromatic rice, and Kashmir valley apples will be covered initially in these drives. The article gives detailed information regarding APEDA to promote agricultural products … Read more