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Multiple Ways to Apply for MSME Loan

Multiple Ways to apply for MSME Loan

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

FSSAI notified new Food Safety Standards for Vegan Food products.

FSSAI notified new Food Safety Standards for Vegan Food products.

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

Security wing of UP Police Gets ISO certification

Security wing of UP Police Gets ISO certification

The Security Wing of UP Police has made a great example by achieving ISO Certification. The department has brought accolades and new updates to their security system. The impact of achieving ISO Certification will last long and help the police as well as the general public. In this article, we will read about the latest … Read more

Reduced Penalty for late filing of Income Tax

Reduced Penalty for late filing of Income Tax

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

APEDA signs MoU with ICAR to Boost Export

APEDA signs MoU with ICAR to Boost Export

APEDA (The Agricultural and Processed Food Products Export Development Authority) has signed an MOU (Memorandum of Understanding) with the ICAR-IIMR (ICAR-Indian Institute of Millet Research) to enhance commercial growth. Besides, this article demonstrated how APEDA signs MoU with ICAR to boost exports discussed in detail. As per the bureaucrat release, the Memorandum of Understanding also … Read more

Daily Generation of E-way bills Rise in Early September

Daily Generation of E-way bills Rise in Early September

Daily E-way bill generation for goods transportation under the Goods and Services Tax (GST) system came in at 20.97 lakh in the first five days of September. This is 7.5% higher than the daily average for the first Eight days of August. Thus, we can see the indications of continued momentum in Economic recovery. In … Read more

ISO Certifications for Infrastructure Services

ISO Certifications for Infrastructure Services

Service Infrastructure is the cloud service that you get on request, on a pay-as-you-go basis. It also involves critical computing, storage, and networking resources. Thus, Infrastructure Services are trending each day. However, to be successful as an Infrastructure Service User or Provider, we need to follow some standards. ISO sets these standards under ISO Certifications. … Read more

No GST on Papad, whatever Shape, Name or Form

No GST on Papad, whatever Shape, Name or Form

No GST on Papad – The CBIC(Central Board of Indirect Taxes and Customs) has made it clear. In the recent tweet, the CBIC declared that no GST is levied on Papad whatever its shape, name, or form is. Let us discuss this update in detail. What is GST? GST stands for Goods and Service Tax. … Read more

No ITR filing for Senior Citizens aged 75 years and Above

No ITR filing for senior citizens aged 75 years and above

The latest update for Taxpayers, as the government has announced No ITR Filing for citizens aged 75 years and above. The announcement was made in Finance Budget, 2021. Thus, The Central Board of Direct Taxes (CBDT) has now issued regulations and declaration forms that elderly persons must file with the designated bank, which will deduct … Read more

GST Audit To Be Discontinued With The Effect Of 1st August 2021

GST Audit To Be Discontinued With The Effect Of 1st August 2021

GST audit to be discontinued and won’t be held by the Central Council for Indirect Taxation and Customs (CBIC) w.e.f. 1st August 2021. Throughout the execution of the authorities given in Article (b) of sub-section (2) of Section 1 of the Finance Act, 2021 (13 of 2021), the Central Government hereby determines the date on … Read more