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GST on fuel: A price vs revenue trade-off

GST on fuel

The Central government has declared the new notification on Bringing petrol and diesel under GST will not lower fuel oil prices by itself, unless both Union and state governments are inclined to take deep revenue cuts. In this article, we will discuss GST on Fuel and its significance. Know About GST  GST is an indirect … Read more

Finance Ministry defends EPF’s tax-free thresholds

Finance Ministry defends EPF’s tax-free threshold

The Finance Ministry defends EPF’s tax-free thresholds enabling government employees to have a tax-free threshold. This limit or threshold is 5 lakh for Provident Fund contributions. However, for private-sector jobs, employees having investments above 2.5 lakhs in PPF will be under taxation. This taxation system will begin this year. Therefore, In this article, we will … Read more

Indian Agriculture Exports: The way ahead

Indian Agriculture Exports The way ahead

With time, the Indian Agriculture Exports is gradually increasing yearly. Today, India stands at 6th position in World Agriculture Exporters List as it has been possible with certain factors. In the global food market, India’s Agrarian diverse culture and climate have always made significant contributions. Some of the most famous products of India are Mangoes, … Read more

SBI to Revamp MSME Lending Ops to Increase Efficiency

SBI to revamp MSME lending ops

The SBI to Revamp MSME Lending Ops to increase efficiency, according to the latest press conference of the SBI. With improvement in certain factors like processes, structure, and operations, the increment of efficiency is achievable in the SME space. it is very important to register Micro, Small, and Medium Enterprises (MSMEs). And, we provide the services … Read more

MCA may decriminalize minor, technical LLP violations

MCA may decriminalize minor

An LLC is a popular business model because it allows its partners to organize their internal framework as a partnership while benefiting from limited liability. The LLP Act 2008 bridges the gap between an organization governed by the Companies Act 1956 and one controlled by the Partnership Act 1932. In this article, we will discuss … Read more

USDA ends 15-year agreement with Apeda

USDA ends 15-year agreement with Apeda

As we know, the Agricultural and Processed Food Products Export Development Authority (APEDA) certifies the organizations for product exports. The organic products for export get authorization under APEDA Registration. In this article, we will discuss the news of the USDA ending 15- year agreement with Apeda and its consequences. Brand-new Strategy of USDA As per … Read more

ISO Certification for Machine Shop

ISO Certification for Machine Shop

ISO is an independent organization that lays down safety guidelines and standards for products, services, procedures, and processes to ensure the highest excellence levels. In this article, we will discuss ISO Certification for Machine Shop. The purpose of an ISO certification is to standardize systems and processes to ensure the highest safety and consistency levels … Read more

CBDT notifies Income Tax Return forms for 2020-21

The Income Tax department has announced forms for filing I-T returns for the 2020-21 fiscal, the Central Board of Direct Taxes explained on Thursday. In this article, we will discuss CBDT notifies Income Tax Return forms. CBDT notifies Income Tax Return forms The Income Tax department has announced the notification forms for filing I-T returns … Read more

Government releases Rs 30,000 cr to states as GST compensation

Govt releases Rs 30,000 cr to states as GST compensation

The Centre has circulated Rs 30,000 crore to the states as GST compensation on March 27, and about Rs, 63,000 crores is pending for the current fiscal, the Finance Ministry announced on Tuesday. In this article, we will discuss Govt releases Rs 30,000 cr to states as GST compensation. In this article, we will discuss … Read more

GST collections March 2021 at nearly Rs 1.24 trillion, an all-time high

At almost Rs 1.24 trillion, the GST revenue collections in March 2021 were the highest since the tax system’s introduction in July 2017, government explained. Also, the collections were up 27 per cent when compared with the year-ago period. In this article, we will discuss on GST collections March 2021. GST Collections March 2021 GST … Read more