The Central Board of Direct Taxes (CBDT) postponed the Tax Audit Clause 30C and 44 till 31st Mar 2022 due to COVID-19. The CBDT has lengthened the due date for filing Form 3CD. In this article, we will discuss on CBDT Defers GST & GAAR reporting till 31.03.2022. CBDT Defers GST & GAAR reporting till … Read more
There is a piece of good news for all of us. This news is about the new PF limit increased to Rs. 5 Lakhs. The government has increased the annual cap for tax exemption on interest received on employee provident fund contributions to Rs 5 lakh. Therefore, in this article, we will discuss the EPF … Read more
The International Standard Book Number, or ISBN, is a unique numeric code assigned to identify each book, whether printed or available electronically. In this article, we will discuss how to get an ISBN Number. What is an ISBN? The International Standard Book Number, or ISBN, is a unique numeric code assigned to identify each book, … Read more
As we know that the ultimate objectives of a business brand, firm, or company are to implement all essential as well as Quality Management System set by ISO 9001:2015. Also, it is achievable only and only if the improvement in internal management, customer relationships, standards, and processes are in the right place. In this article, … Read more
We all have heard about different types of company formation. Still, many people get confused regarding different types of company formation. Therefore, to clear all the confusion, let us discuss the Limited Liability Partnership(LLP) in detail. In this article, we will understand everything important that you need to know about the Limited Liability Partnership(LLP). What … Read more
The Comptroller and Auditor General (CAG) of India has found that the goods and services tax (GST) system is inclined to input tax credit (ITC) frauds due to complexness in the compliance system. In this article we will discuss on GST technical glitches behind ITC frauds. GST technical glitches behind ITC frauds The Comptroller and … Read more
Last year in 2020, the Government of India made several changes in Micro, Small, and Medium Enterprises (MSME). As per the change, the retailers are excluded from this giant section and even the small and medium enterprises have to show the annual turnover. RAI seeks restoration of MSME and for the same, the representatives have met … Read more
The Central Government has announced the notification on Increased economic activities have resulted in bigger GST collection which stood above Rs 1 lakh crore for five months in a row since October 2020, Minister of State for Finance and Corporate Affairs. In this article, we will discuss GST collections top Rs 1 lakh Cr for … Read more
As we know, Barcodes are one of the most popular, preferred, and convenient methods to identify products. Barcodes have emerged as the modern-day game-changers for businesses by eliminating the room for human error. Also, they help businesses improve efficiency and reduce overheads. This article primarily aims to educate our readers on the meaning, functioning, types, … Read more
Employment Provident Fund(EPF) is very necessary for all the employees working in India. Hence, a minor change in its rule can also affect a lot of people. The latest changes in the EPF rules for this financial year has been announced by our Finance Minister. In this article, we will discuss New EPF Rules: How … Read more