Mandatory HSN Code Reporting in GSTR-1/1A from Jan 2025 . Under the Goods and Services Tax (GST) framework, multiple reforms ...
The Indian government has extended the due date for filing GSTR-1 and GSTR-3B returns, providing relief to businesses.
The food industry in India has always been a vibrant and dynamic sector, reflecting the country's diverse culinary heritage and evolving consumer preferences. As we approach 2025, the food business ...
Tax Deducted at Source (TDS) is a mechanism used by the Income Tax Department to ensure tax collection at the source of income generation. Under this system, a specified percentage of the payment, ...
Paying taxes on time not only offers substantial savings benefits but also helps you avoid issues such as penalties and poor credit scores caused by non-compliance. To help you stay organized, here’s ...
Starting a business is an exciting venture, but what if you’re stuck at the very beginning because you "want to start a business but have no ideas"? Don’t worry—you’re not alone. Many aspiring ...
With the rise of rural entrepreneurship, villages have become a goldmine for untapped business opportunities. By focusing on sustainable practices and leveraging local resources, you can create a ...
Section 37 of the Income Tax Act is a provision in India's taxation framework offering tax deductions to companies and professionals for expenses incurred wholly and exclusively for business or ...
The synopsis of the Companies (Accounts) Amendment Rules, 2022 is given here: MCA has inserted a new-sub rule 1A in Rule 12 in Companies (Accounts) Rules, 2014 vide the Companies (Accounts) Amendment ...
It is applicable for the transfer of property by Hindus through a will. Under this act, any individual is able to legally transfer his property to any other individual by getting a will drafted.
E Aadhar card is a nation-wide identity card proving the individual's identity and address. It is digitally certified. The subsidies provided by the Government of India could be availed only if the ...
Choosing an acceptable name as per Companies Act, 2013 or Limited Liability Partnership Act, 2008 is one of the most important steps in the incorporation process. In this article, we look at the ...