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
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
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
Good News for businesses having an LLP Registration. The news comes from the Ministry of Corporate Affairs. As per the latest notification, There is special relaxation for Limited Liability Partnership companies as they were facing several challenges due to COVID-19. This notification is also part of a relaxation scheme given to MSMEs doing business through … Read more
The GST(Goods and Service Tax) implemented on 1st July 2017 might undergo major changes soon. The Government of India may implement some significant changes to curb tax evasion, reduce complexity in taxation & improvise the overall GST Structure. The news about India soon getting higher and fewer GST Rates is a very important one and … Read more