The 41st GST council meeting was held on Friday under the leadership of honourable Finance Minister Nirmala Sitharaman. The meeting was conducted via video conferencing. The GST council meeting members discussed “GST compensation to states”. Here are key 41st GST Council Meeting Updates. Important 41th GST Council Meeting Updates GST Collection has been critically impacted … Read more
The COVID-19 has put the adverse effect not only on the real estate sector but other sectors as well. The blow due to COVID pandemic is very big and it will take time to come out of the glut. The Maharashtra government has decided to reduce stamp duty on real estate to encourage homebuyers to … Read more
As we know, Trademark registration privileges businesses to claim ownership on their unique brand name and protects against misuse and infringement around the world. With the trademark registration, one can surely promote business brand hassle-free and claim rights. Trademark Application is classified under 45 different classes which are based on the nature of the business … Read more
Many companies are shutting down under this COVID-19 epidemic and lockdown scenario. Due to the slow down in the economy, and keeping in mind the problem of unemployment, the Central Government has decided to extend the eligibility criteria and enhance payment of unemployment benefits for those who have applied for ESIC Registration and also get … Read more
FSSAI issued a notification about a refund of erroneous FSSAI Registration fee, which has issued on 18 August 2020 as Food Safety and Standard Authority of India has launched easy SOP (Standard Operating Procedure) to claim a refund of FSSAI Registration fees paid. Let’s understand in detail: A Big Relief to FBO’s who applied for … Read more
With the period of time, the GST department took several steps to smoothening and fasten the GST registration process for the business taxpayers. Now, the Central Board of Indirect Taxes issued new guidelines that require Aadhar mandatory for GST Registration and Aadhaar Authentication by an OTP in the GST Registration application. The government has issued … Read more
As we all know, Transportation plays a vital part in the economy, as any difficulty in transportation disrupts the entire business channel. However, as per the National Highways Authority of India, about 65% of freight and 80% of passenger traffic is transported roads. Transportation of goods by road taken by transporter or courier agency. In … Read more
In the era of digitalization, many online platforms have opened the door for an online platform to sell and purchase goods and services. As we all know, Amazon is one of the highly-rated e-commerce portals where one can easily sell and buy products online. Amazon India was launched in the year 2013 and presently trades … Read more
As we all know, the foreign countries have always faced the battles between the different brands for the trademarks and copyright. Similarly, India has now newly started facing these legacy battles between big brands. Also, it is a rare case of a domestic company suing an MNC for trademark violation. Parle Agro has proceeded with … Read more
A new Tax Reforms has been introduced called Faceless Assessment, Transparent Taxation launched by CBDT (Central Board of Direct Taxation). It is beneficial for the entrepreneur and ease the compliance burden of taxpayers and reward honest taxpayers by Faceless, seamless, and painless. Also, it provides a transparent system by digital transactions and electronic modes of … Read more