News

BDSwiss obtains ISO Certifications for quality and information security

BDSwiss obtains ISO certifications for quality and information security

BDSwiss is one of the first investment firms in the retail trading room in Cyprus to obtain the ISO/IEC 27001:2013 (ISO27001) and ISO 9001:2015 (ISO9001) certifications. BDSwiss received ISO/IEC 27001:2013 (ISO27001) and ISO 9001:2015 (ISO9001) certifications for information security management and quality management in January 2021. In this article, we will discuss BDSwiss obtains ISO … Read more

Finance Ministry makes an important announcement for GST collections

Finance Ministry makes an important announcement

The Finance Ministry notified the statement on not allocated any instructions to administrators to inquire taxpayers to pay maximum GST liability in cash. In this article, we will discuss the Finance Ministry makes an important announcement. Finance Ministry makes an important announcement According to a latest growth, the Finance Ministry on Saturday declared it has … Read more

Advance Tax Collections For Corporate Tax, Income Tax Turn Positive

Advance Tax Collections For Corporate Tax

The date of the fourth to-be-paid instalment for Advance Tax collection has ended on March 15. And, the collection for Corporate Tax and Income Tax has turned positive. Besides, a shortfall of 4% has been observed in the net direct collection against  9% as in January to 13% in the 3rd instalment to be paid … Read more

Significant Changes in Income Tax wef 01.04.2021

Significant Changes in Income Tax

Nirmala Sitharaman, India’s finance minister, announced some significant changes in income tax rules while presenting the Union Budget 2021. The changes are expected to bring relief to India’s salaried population and will come into effect starting April 1, 2021. Let’s take a look at some of these Significant Changes in Income Tax. Income tax rates … Read more

GST on Automobile

GST on Automobile

As we know the automobile industry in India is one of the fastest and fastest-growing sectors and constitutes 27 per cent of the industrial gross domestic product (GDP) and 49 per cent of manufacturing GDP. The auto industry furnishes jobs to approximately 37 million people directly and indirectly. In this article, we will discuss GST … Read more

APEDA launches its first Virtual Trade Fair

APEDA launches its first Virtual Trade Fair

A piece of good news for everyone, APEDA launches its first Virtual Trade Fair. APEDA launches its first trade fair to boost the export of agricultural and processed food products. Launched on March 10, 2021, by the Agricultural and Processed Food Products Export Development Authority (APEDA), it was concluded on March 10, 2021. APEDA Registration … Read more

Panel recommends structural changes to boost GST revenues

Panel recommends structural changes to boost GST revenues

The panel’s reference to structural alterations to GST comes in the imprint of plans by the central government to merge the 12% and 18% GST slabs, an idea that has to create support among some states. In this article, we will discuss the Panel recommends structural changes to boost GST revenues. Panel recommends structural changes … Read more

CAIT demands restoration of MSME status for 8 cr traders

BHEL to procure 300 products worth ₹3,000 cr from MSMEs

In June month of 2017, the government took away the status of MSME from about 8 crores wholesale as well as retail traders. Now, the Confederation of All India Traders (CAIT) has come forward and demanded the restoration of taken Micro, Small & Medium Enterprise (MSME) status from these traders who are part of the … Read more

ISO Certification for aerospace and Defense Companies

ISO Certification for aerospace and defense companies

When implementing a Quality Management System (QMS) or ISO Certification for the aerospace industry, you may come across conflicting information about whether to use ISO 9001:2015 or AS9100 Rev D. It is important to note that AS9100 Rev D is explicitly written for the aerospace industry. In contrast, ISO 9001:2015 is intended for use by … Read more

States yet to pay ESIC for COVID-19 hospital use: Parliament Proceeding

States yet to pay ESIC

The State Government has announced the notification for employees state insurance corporation. Further, the State governments are also to reimburse the Employees State Insurance Corporation (ESIC) for the medication of non-ESI beneficiaries at the ESI hospitals that were proclaimed COVID-19 hospitals last year, the Labour and Employment Ministry. In this article, we will discuss States … Read more