A major update and relaxation for taxpayers as CBDT extends due dates for electronic filing of various forms. In other words, considering the problems faced by taxpayers, the Indian government has given a major relaxation for fulfilling compliances under Income-Tax Act, 1961. In this article, we will understand the latest update by CBDT in detail. CBDT … Read more
Vegetable export arrives after a shipment of millets. Export of vegetables such as okra, curry leaf, bitter gourd, pear exported to Denmark in May from Uttrakhand. In this article, we will discuss on Uttarakhand export first shipment of vegetables to UAE. Uttarakhand export first shipment of vegetables to UAE In a prominent increase to Agricultural … Read more
Employees enrolled in the EPFO (Employees’ Provident Fund Organization) would be delighted to know that the EPFO has acknowledged that the EPF holders likely to get 8.5% interest on PF balance. EPF Holders Likely To Get 8.5% Interest On PF Balance By the end of July 2021, the Provident Fund Regulatory Authority is expected to … Read more
While the coronavirus outbreak has brought attention to banks not lending money to small and medium-sized businesses across the country, the new credit guarantee plans, such as the Bank of Baroda’s Pratham Program, are expected to attract more lenders. In collaboration with U GRO Capital, a non-bank financier, the Bank of Baroda has launched the … Read more
Important update for taxpayers as the Government has announced a New Functionality on Annual Aggregate Turnover. The new functionality is deployed on the GST Portal for the convenience of Taxpayers. As a result, it will facilitate taxpayers in several ways. In this article, we will read New functionality on Annual Aggregate Turnover deployed on GST … Read more
Employee Provident Fund (EPF) is a retirement-oriented program for salaried employees backed by the government but now the EPF Withdrawal becomes taxable. Income tax has the effect of influencing contribution amounts, interest, and the ability to take out one’s balance. Concerning the additional tax on early-withdrawal EPF, employees consider it much more important when they … Read more
On 19th July, FSSAI assigned the Food Product category 18 in the food safety compliance system (FoSCoS). It stats under General Manufacturing kind of business. Moreover, this has been introduced to comfort FSSAI registration of small and medium food businesses. In this article, we will discuss FSSAI issues directions for FBOs manufacturing Indian sweets & … Read more
For the last couple of days, union FM has been holding review meetings. Initially, to check the pending Micro, Small, and Medium Enterprises payments. Finance Minister Nirmala Sitharaman said, “I am personally monitoring and assisting in the case.” MSME registration portal is open to all MSMEs. In this article, we will discuss Government committed to … Read more
The Centre has started a comprehensive review of the Goods and Services Tax (GST) law, as well as different GST rules. It is to offer clarification on concerns that have arisen since the levy’s implementation in July 2017. In this article, we will look at the Centre begins review of legal issues in GST. What … Read more
Good news for Exporters in Ladakh having APEDA Registration. The piece of good news which relates to APEDA collaborates with Ladakh Officials. APEDA(Agriculture and processed food production export Development Authority) is well known for organizing various events and programs to boost agricultural exports in India. Therefore, Having an APEDA Registration benefits many. In this article, … Read more