The Food Safety and Standards Authority of India (FSSAI) has begun the State Food Safety lndex process for 2021-2022, and the food authority has addressed all states and union territories’ food safety commissioners, requesting that they provide necessary facts about food safety by May 10, 2022. In this article, you will understand the latest updates … Read more
The government has expanded the mandate for e-invoicing or real-time reporting of business-to-business sales to all businesses. Currently, those with sales of more than 50 crores are required to use e-invoicing. However, with the latest notification, the Central Board of Indirect Taxes and Compliance has decided that the latest changes will take effect on April … Read more
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
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
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
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
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
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
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
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