The labor department has declared that EPFO to allow second Covid 19 advance withdrawal from their EPF accounts to meet the Covid 19 regarding financial emergencies. In the earlier days, only a one-time advance was accessible for members of EPF. The provision to extract cash from EPF accounts was first introduced the previous year in … Read more
International standard book number, in short ISBN, is a unique thirteen-digit number that is assigned to every book. Also to tapes, CDs, and e-books before publication, which records details such as language, details of publisher, and provenance. ISBN is displayed in the barcode format and it acts as a license plate that guarantees unique identification … Read more
In the Aerospace industry, one of the main aspects of the Quality Management System (QMS) is to choose the standard for the QMS. And there are two major ISO standards available in the market i.e. AS9100 Rev D ISO 9001:2015. ISO 9001:2015 can be used by any industry but AS9100 Rev D is designed considering the … Read more
After a long wait and a delay in GST return filing caused by complexity in GST return filing compliances, GST Council has capped the late fees on GST return filing in the 43rd GST Council Meeting which was held online. It is the first meeting of the GST Council in the financial year 2021-22. In this … Read more
The 43rd meeting of the GST Council was mainly aimed at offering relief to the taxpayers and patients suffering from Coronavirus Pandemic. The meeting of the GST Council in Delhi took place on 28 May 2020, chaired by Smt. Nirmala Sitharaman, Minister of Finance of the Union. Video conferences were held, and multiple reliefs were presented … Read more
ITR (Income Tax Return) is the form in which evaluate files information about a person’s tax and Income thereon to the Income Tax Department. There are several forms of ITR that taxpayers must file. The applicability of Income Tax Return forms depends on the income earned, returns sources of the taxpayers, and the grouping of … Read more
NRI taxes are confusing to many. It is essential to understand the Taxation of NRIs because several Indians visit their motherland to see family or because they are stuck in India due to the Covid-19 pandemic. In addition, in ITR Filing, the NRIs face various hurdles. Thus, we shall study this article in-depth to know … Read more
APEDA virtual fair for horticulture products – To boost the export potential of India’s agricultural and processed food products during the COVID19 pandemic. Now the second virtual trade fair (VTF) for horticultural produce organized by the Agricultural and Processed Food Products Export Development Authority (APEDA) has been inaugurated. In this article, we will read about … Read more
The 43rd GST Council meeting majorly focused on providing COVID-19 relief to the taxpayers and patients suffering from the dreadful coronavirus pandemic. The GST council meeting was held in New Delhi on 28th May 2020, under the Chairmanship of Union Finance Minister Smt. Nirmala Seetharaman. The meeting was held via video conferencing, and the finance minister … Read more
In the recent move by the Income Tax department, keeping the pandemic in view, several Due Date of ITR Filing Extended for the year 2020-2021. The extended ITR filing date is a relaxation that aims for individuals and businesses to maintain the business sentiments amidst this pandemic. The extension in the deadline for income tax filing … Read more