A piece of positive news for taxpayers as CBIC has notified GST Return Filing Late fees waiver for GSTR4. This was done to provide convenience to small taxpayers. However, taxpayers must note that this relief is available for only a short duration. Therefore, you must not miss this golden opportunity to file delayed GST Returns. … Read more
Good Food Institute India (GFI India) and the Plant-Based Foods Industry Association (PBFIA) will host the first Plant-Based Foods Summit, which will be organized by the Ministry of Food Processing Industries Government of India (MOFPI) and Agricultural and Processed Food Products Export Development Authority (APEDA). This event is beneficial for every food business in India … Read more
Recently, international wheat prices surged following India’s restriction on exporting the grain. As soon as the European market opened, the price surged to $453 a tonne. Chicago wheat futures had already reached their daily trading limit, and Paris prices were nearing all-time highs, making the Chicago market the global standard for wheat futures. In this … Read more
India has the second-largest road network in the world, with a total of 5.23 million kilometers of roadway. Only 2% of the country’s overall road network is designated as a national highway, although it carries 40% of the country’s total traffic. Roads carry 65% of freight and 80% of passenger travel, which is a fascinating … Read more
Nowadays, most of us spend hours on social media. Social media is the simplest way to stay connected with friends, family members, and office colleagues. It is also considered the newest way to remain updated about the various things happening around the globe like new product launches, current affairs, and the latest trends. So now, … Read more
A relief for taxpayers as GSTR 3B GST Return Filing Due Date extended for April 2022. The notification was released by the CBIC yesterday i.e. on 17th May 2022. The GSTR 3B GST Return Filing Due Date and due date of payment of tax for the month of April, 2022 by taxpayers under QRMP scheme … Read more
There are various items that are GST exempt On Service Provided To Government Organisations. Similarly, there are also services that are exempt from GST. In this article, you will understand the concepts of GST exemption on services provided to government organizations, What is Exempt Supply? The exempted list includes the following types of supplies: All the … Read more
The income tax department is working aggressively to tax unaccounted income and the taxpayers now need to be very careful while declaring/her income during Income Tax Return filing. ITR Filing disclosing all income should now be done on time and with transparency. Not doing so will result in a notice from the income department and … Read more
The Food Safety and Standards Authority of India (FSSAI) has begun the State Food Safety lndex process for 2021-2022, and the food authority has addressed all states and union territories’ food safety commissioners, requesting that they provide necessary facts about food safety by May 10, 2022. In this article, you will understand the latest updates … Read more
The government has expanded the mandate for e-invoicing or real-time reporting of business-to-business sales to all businesses. Currently, those with sales of more than 50 crores are required to use e-invoicing. However, with the latest notification, the Central Board of Indirect Taxes and Compliance has decided that the latest changes will take effect on April … Read more