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 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
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 – 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
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 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
A massive relaxation for taxpayers as ITR Filing Due Date Extended For FY21. As most of us know, taxpayers and professionals have reported several glitches and malfunctions in the new income tax portal since its launch. It’s become essential to extend all upcoming income tax filing due dates. Therefore, the government has now announced the … Read more
The positive news for businesses having MSME Registration. The latest news is Effitrac Solutions Partners with RazorpayX. The motive behind this partnership is to empower the MSME sector of India. In this article, we will understand this news in detail. About Effitrac Effitrac is simple end-to-end business technology. It is a SaaS(Software as a Service) … Read more
A piece of welcoming news for World Economic Forum offices in India. The news is No GST on World Economic Forum’s Liaison Office in India. As a result of this update, the India liaison office will not need to be registered locally. In this article, we will understand this new update by AAR, Maharashtra. What is … Read more
There is the latest update for taxpayers i.e. E-Way Bill not required for Transportation of ‘Used Personal Vehicle’. The Kerala High Court recently ruled this. In this article, we will discuss the latest update of the E-Way Bill not required for Transportation of ‘Used Personal Vehicle’. What is the E-Way Bill? E-waybill refers to the … Read more