Business Updates

Know What Activities Restricted in Lockdown 4.0

Lockdown 4.0 Activities Restricted

In the wake of the Novel Coronavirus disease or COVID-19, the government had enforced a nationwide Lockdown 4.0 till 31st May 2020. After a comprehensive review, and in view of the Lockdown measures that have resulted in little mitigation of the COVID-19 situation in India, the Ministry of Home Affairs (MHA), has issued an Order … Read more

8 Economic Reforms for different Sectors of the Economy

economic reforms

The Finance Minister Smt. Nirmala Sitharaman has presented the 4th phase of economic reforms for 8 sectors of the economy in today’s press conference. Our Prime Minister Sh Narendra Modi had recently brought the Atmanirbhar Bharat: The Special economic relief package of ₹ 20 lakh crores. The main motive behind this package is to bring … Read more

Government Launches Scheme for growth of Micro Food Enterprises

micro food enterprises

The Government has brought a scheme for the development of micro food enterprises (MFEs) in India, which is worth ₹10,000 crores. Our Prime Minister Sh Narendra Modi has unveiled the Atmanirbhar Bharat: The Special economic & comprehensive relief package of ₹ 20 lakh crores. The objective behind this package is to provide much-needed relief and … Read more

7 Reliefs for Migrant Workers and Farmers by Government

migrant workers farmers reliefs

The Government has recently unveiled the economic reliefs for migrant workers & small farmers under the 2nd Phase of Atmanirbhar Bharat Corona Relief Package. The Government has announced the Atmanirbhar Bharat Special economic & comprehensive relief package of ₹ 20 lakh crores. The objective of this package is to give relief and credit support to … Read more

Government Now Reduces Rate of TDS and TCS

rate of tds tcs reduced

There’s a great relief for the Indian taxpayers! The government has reduced the rate of TDS & TCS rates under its newly introduced Atmanirbhar Bharat: The Special economic & comprehensive Corona relief package worth ₹20 lakh crores. The Finance Minister of India Smt. Nirmala Sitharaman had explained the minute details of the Atmanirbhar Bharat economic … Read more

Government Introduces a New Definition of MSMEs

new definition of msmes

The Government has revised the definition of MSMEs under its newly announced Atmanirbhar Bharat Special economic & comprehensive relief package of ₹20 lakh crores. The Honourable Finance Minister Smt. Nirmala Sitharaman has given the details of this economic revival package. Numerous reliefs are announced for the small MSME businesses. Very importantly, the classification of MSMEs … Read more

Income Tax Return Filing Due Date for FY 2019-20 Further Extended

Income Tax Return Filing date extend

The Government has extended the Due Date of Income Tax Return Filing for FY 2019-20 under its newly introduced Corona relief package. Today, the Honourable Finance Minister Smt. Nirmala Sitharaman has announced the Special economic & comprehensive relief package worth ₹20 lakh crores. This package is to give relief and credit support to all the … Read more

Government Announces Atmanirbhar Bharat Relief Package for MSMEs

relief package for msmes

The Government has announced the Special economic & comprehensive relief package of ₹20 lakh crores. This package is to provide relief and credit support to the MSME businesses and to revive the Indian Economy that has badly hit due to the COVID-19 lockdown. The motive is to create an “Atmanirbhar Bharat” in the battle against … Read more

PM Narendra Modi Announces a Grand Relief Package

pm modi ji addresses nation

Our Honourable Prime Minister Sh. Narendra Modi has addressed the nation on 12th May at 8 pm and has announced a grand relief package. He has discussed the ways to stop the spread of coronavirus along with boosting the economic activities, as per his motto- “Jaan Bhi, Jahan Bhi!” Since the outbreak of Coronavirus, this … Read more

GST Exempt on PPE kits: Pros and Cons

gst exempt ppe kit

The Government has exempt GST on PPE kits, and this has both negative & positive sides. As we all know the Coronavirus pandemic is unceasingly growing and no vaccine has been developed as yet. One of the essential commodities during this time is the PPE kit. The government has exempt GST on PPE kits. However, … Read more