A finance department has released Rs 75 thousand crores nowadays to Uts and States with the government under the end-to-end loan ability in lieu of GST compensation. The authority has rented and provided to states Rs 75000 crore to create up for the deficit in their proceeds as of the GST execution. The finance department … Read more
Big relaxation for taxpayers and foreign currency remitters as CBDT extends the due date to file form 15CA/15CB manually. Many taxpayers reported various issues in the new income tax portal while filing form 15CA/CB. Therefore, addressing this issue CBDT extended the deadline to file these forms. In this article, we will understand this notification in … Read more
Benefits for exporters are increasing day by day. As we have seen, APEDA organized a training program, Lalmandi. Similarly, the APEDA recently held a Buyer-Seller Meet. The APEDA(The Agriculture and Processed Food Products Export Development Authority) is continuously organizing such meets to encourage the export business. Moreover, these meetings are also benefiting farmers in several … Read more
The ESIC scheme adds Approximately 10.41 lakh latest members to the social security system in April 2021, providing an opinion on Formal sector service in the nation. According to recent data, gross enrolments in ESIC from 2020 to 2021 fall almost 24% to 1.15 crore. It is among the pandemic despite 1.51 crore in 2019 … Read more
Positive news for those having IEC Code Registration, as India’s exports increase by 32% in June 2021. There is a significant growth of Exports in India. Hence, highlighting the industry is becoming more profitable and active participation from organizations. In this article, we will get to know about India’s exports increasing by 32%. India’s exports increase … Read more
E-way bills are a crucial part of indicating business activities in India. Interestingly, we are seeing a Rise in e-way bills in our nation. Hence, A Rise in e-Way Bills also indicates Increased GST Collections in July 2021. In this article, we will get to know about this increase in the generation of e-Way bills. … Read more
Hygiene Rating is very important for food businesses as well as consumers, the former gets the certificate based on quality and standards of hygiene whereas, the latter gets a good choice for dining. Recently, Sweets Shops in Kashmir was awarded Hygiene Rating Certificate, and the inspection was done by FSSAI in collaboration with the Food and … Read more
Now you do not have to waste your time going to the income tax office, as the government of India has launched a new website and service center for it. Ministry of finance officials released a statement that Taxpayers can do income tax returns filing at Post Office. The initiatives will help the individual and … Read more
An APEDA and NAFED sign MOU to facilitate registered exporters to get help under several authority schemes. It helps exporters and cooperatives sell their goods worldwide or build capability. The initial areas of cooperation, according to MoU, involve helping APEDA registered exporters get help under all authorities of India. Moreover, the MoU aims to ensure the … Read more
The Central Board of Direct Taxes (CBDT), which monitors the tax regulations in India, released a notification on 13th July 2021 about the Contribution to Patanjali Research Foundation to get exemption on tax. Now the Patanjali Research Institute founded by ‘Patanjali Research Foundation Trust’ will fall under the “Research Association” category, said by the central government. … Read more