In India, various EPFO schemes are very prominent. As a result, EPFO net new enrolments grow. According to EPFO info, there has been an upward trend with the addition of 12.37 lakh gross subscribers in February 2021. In this article, we will look at this update in detail. In addition, we will also understand EPF, EPF … Read more
As we know that, the GST was first inaugurated in July 2017, restaurants could fall into three various rate slabs. If the restaurant did not have air conditioning, the GST indicted was 12%. For a restaurant with AC or a liquor license, 18% GST was applicable. For restaurants within five-star hotels, the GST rate was … Read more
Adhering to tax-related compliance introduced by the Indian government is mandatory for taxpayers in India. Such compliance also impresses adhering to the due dates of GST return filing about the complete compliance calendar listed here and specified by the Indian government. The Central Board of Direct Taxes has further extended the due date for ITR … Read more
Trademark Class 41 for Education and Entertainment is a class providing significant value to both services. As we know, Everyone is seeking to grab a large amount of market share these days. However, there is a cutthroat rivalry between ventures. As a result, new organizations aim to present a superior offering to their consumers. They … Read more
Barcodes have transformed the way organizations conduct business right since their introduction in 1949. Today, the concept of barcodes is no longer alien to us. Be it electronic items, groceries, or even patient wristbands in hospitals; all use barcodes. This article aims to educate our readers on the meaning of barcodes and the benefits of … Read more
A taste of fizz has led to grape juice manufactured and distributed by a Tamil Nadu-based company being expelled out of the classification of ‘Fruit pulp or fruit juice-based drinks’, which attracts a lower goods and services GST at 12%. In this article, we will discuss on Carbonated grape juice. GST on Carbonated grape juice … Read more
MSMEs, short for Micro, Small, and Medium Enterprises, contribute significantly to any country’s socio-economic development. In India, mainly, MSMEs have gained increasing significance because of the contribution they make towards India’s GDP and exports. Also, the thrust that they provide to entrepreneurship development in the rural and semi-urban areas has earned them the country’s respect. … Read more
As we know Composition Scheme acts as an alternative procedure for levying a tax under GST. Small businesses registered under the GST composition scheme can pay GST at a restricted rate of turnover every quarter and file quarterly GST returns. Also, Composition levy would be commonly related to small taxpayers who are supplying goods and … Read more
Gold is highly volatile in the Financial Market due to the fluctuation of its price. The Centre Government fixed the GST based on the transaction of the Gold. So, here in this article, you will get to know about the Decoding GST Levied On Gold Purchases. The decoding process will help you to buy the … Read more
India is the second-largest sugar-producing nation in the world. During the period 2019-20, India’s sugar exports stood at 5 million metric tonnes. It made India the third-largest sugar exporter after Brazil (19.3 MMT) and Thailand (10.65 MMT). In this article, we will discuss India Allows Additional 3569 Tonne Sugar Exports. However, lately, India has been … Read more