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Monthly GST Receipts Set To Be Highest In March

Monthly GST Receipts Set To Be Highest In March

Monthly GST receipts of March month is the highest ever since the introduction of Goods and Service Tax (GST). The value reached Rs 1.23 trillion and in the previous month (February), it was Rs 1.13 trillion, this clearly shows the rise of GST receipt to 10,000 crores. Of Rs 1.23 trillion (1.23 lakh crore), the … Read more

FIEO Launches Online Portal For Exporters To Request Elusive Shipping Containers

FIEO Launches Online Portal For Exporters To Request Elusive Shipping Containers

To give the pace to trade by slashing the shortage of containers, the Federation of Indian Exports Organization has launched an online portal for bringing exporters and shipping lines into one platform. Now, exporters can put their demand for containers easily via online mode and the shipping line accesses the same. To meet the demand for … Read more

Exempt Covid drugs from GST, transfer Rs 6k to eligible

Exempt Covid drugs from GST

Congress interim president has written a letter to the Prime Minister and asked him to exempt GST from the medicines and equipment compelled for Covid-19 treatment and Rs 6,000 should be transferred every month in the accounts of those who are eligible. In this article, we will discuss on Exempt Covid drugs from GST. Exempt … Read more

FSSAI Guidelines on Labelling of Food Products

FSSAI Guidelines on Labelling of Food Products

In India, We have FSSAI Guidelines on Labelling of Food Products. These guidelines set standards for food so that there is no confusion for consumers, traders, manufacturers, and investors. As we know, the Food Safety and Standards Authority of India (FSSAI) is an independent organization by the Government of India under the Ministry of Health … Read more

Exports Surge by Over 58% in March, Imports Rise 53%

Exports Surge by Over 58% in March, Imports Rise 53 %

India’s foreign trade sector plays a vital role in the growth of its economy. It ensures the highest quality of goods and services, increases competitiveness, generates employment, improves living standards, and earns valuable foreign exchange for the country.. In this article, we will discuss Exports Surge by Over 58% in March, Imports Rise 53%. Know … Read more

Impact Of GST Regime On Common Man

As we know, GST, also named one nation one tax, is an indirect tax that is levied on almost all goods and services. It has a towering presence in the taxation system of India. To date, nearly 160 countries have designed and followed the GST regime. In this article we will discuss on Impact Of … Read more

Natural gas, jet fuel may come under GST

Due Date for GST Return extended

The matter has been inflated by the prime leadership, members of parliament (MPs) and the industry, a proposal to levy GST on petroleum commodities and its dividend implications for the Centre and states would be worked out and placed before the GST Council soon, which will take an ultimate call on this matter, they said … Read more

Centre Sets ₹10 Lakh Trigger for MSME Rescue Scheme

Centre Sets ₹10 Lakh Trigger for MSME Rescue Scheme

The Centre Sets ₹10 Lakh Trigger for MSME Rescue Scheme. This simplified scheme of MSME Rescue came for bankruptcy proceedings of small businesses called Pre-Packs. The finance ministry said that under this Pre-Pack Scheme, this would be the minimum threshold of payment default for the Micro, Small, and Medium Enterprises (MSMEs). However, if you’re not registered … Read more

Opportunities in export of agricultural products from India

Opportunities in export of agricultural products from India

The agricultural culture of India, as well as its diverse regional environment, have made a major contribution to the world’s food bucket. Indian curries, spices, snacks, and mangoes are famous around the world for their high quality. As a result, The export of agricultural products from India is a very profitable business. Therefore, In this … Read more

Extension of Deadline for Sub-Debt Scheme for MSMEs

Income tax due date extended

Recently, the Ministry of Micro, Small, and Medium Enterprises (MSMEs) has announced the Extension of the Deadline for Sub-Debt Scheme for MSMEs. As the announcement came over to extend the Credit Guarantee Scheme for Subordinate Debt (CGSSD) till 30th September of 2021, BHEL Small Industries Centre has expressed relief. Why Extension in Date? As this … Read more