Business Updates

Delhi Govt Imposes 70% ‘Special Corona Cess’ on Alcohol

special corona cess alcohol

Sad news for all the wine-lovers! Liquor in Delhi to become costlier from 5th May as the Delhi Government has imposed a 70% ‘Special Corona Cess’, i.e. a surcharge over and above the cost of the alcoholic beverages. In the wake of the Novel Coronavirus disease or COVID-19, the government had further extended the Lockdown … Read more

Government extends Deadlines related to Intellectual Property Rights

intellectual property rights

Due to the COVID-19 Lockdown, the Department of Intellectual property India (IPI) has extended the date of all compliances related to Intellectual property rights. Today the world is suffering from Novel Coronavirus aka COVID-19. The Indian government has placed a lockdown till 17th May 2020. This has disturbed the ordinary businesses in India. As a … Read more

RBI Relaxes PSB Bank Branch Audit Norms due to Coronavirus

bank-branch-audit-norms

Due to the outbreak of COVID-19, the Reserve Bank of India (RBI) has given relaxations to PSB banks with regard to the Bank branch audit for FY 2019-20. Today the world is suffering the pangs of Novel Coronavirus aka COVID-19, which has caused widespread economic disruption. In India, the government has placed a lockdown till … Read more

5 Tips to Avoid Delays in FSSAI Registration & Licensing

fssai registration delay

The FSSAI department has given certain tips to avoid delays in the FSSAI Registration process. Everyone is today suffering from the threat of Novel Coronavirus disease, or the COVID-19. The government has imposed a complete lockdown till 17th May 2020 to contain the spread of Coronavirus infection. The gravest concern is of the food business … Read more

GST compensation to States of ₹34K Crore Released by Government

gst-compensation-to-states

COVID-19 has affected many lives in India as well as the world. India is under complete lockdown till 17th May 2020 in a bid to stop the spread of coronavirus. The Government has now released the GST compensation to States to the tune of ₹34,000 crores. Due to the COVID-19 Lockdown, there are various challenges … Read more

No GST Reporting Details needed in Income Tax Audit Report

gst-audit-income-tax-audit

The COVID-19 pandemic has a negative impact all over the world and sent economies spinning. Initially, it entirely affected China; but, its effects are presently felt most over the world, with many countries in internment, together with India too on its web. The Indian government is attempting its best to support the business organizations and … Read more

GST Registration of the TCS taxpayers

tcs in gst

With the advent of the goods and services tax, a lot of changes have taken place. All the business firms must get GST registration. Getting registered under GST has a lot of benefits, one of them being the tremendous ease of doing business. Nevertheless, the businessmen are having a few queries. One such crucial aspect … Read more

Dearness Allowance Hike for State Government Employees

dearness allowance hike

Coronavirus Pandemic has posed a grave challenge to the Government as well as the economy. Due to the COVID-19 Crisis, the Government has already started planning different methods to overcome this situation. One of these methods is to introduce Dearness Allowance hike for pensioners.  In March 2020, the Government announced that the hike would be … Read more

Know Which Businesses Allowed in Lockdown 3.0

lockdown-3.0

In the wake of the Novel Coronavirus disease or COVID-19, the government had imposed a lockdown all over the country till 3rd May 2020. After a comprehensive review, and in view of the Lockdown measures have led to significant gains in the COVID-19 situation in the country, The Ministry of Home Affairs (MHA), has issued … Read more

Business prohibited even in Lockdown 3.0

business prohibited in lockdown

The Ministry of Home Affairs extended the nationwide lockdown till May 17, 2020. The government has divided the districts into 4 zones. Containment, Red, Orange and Green Zone. Here is the list of prohibited activities irrespective of the zones. Travel by air, rail, metro and inter-State movement by road; Schools, Colleges, Other educational and training/ … Read more