Business Updates

An Overview of Floriculture- Objectives and Functions

Overview on Floriculture

Flowers are one of the best things that we all enjoy. They are appealing and essential to have a pollution-free environment in cities. The branch of horticulture dealing with the cultivation of flowers is Floriculture. The trends show Floriculture is very profitable in the export business. In this article, we will look at an overview … Read more

GST collections February 2021 rise 7% to ₹1.13 lakh crore

GST collections February 2021

For one more time, GST collections have increased Rs 1 lakh crore mark for the fifth month in a row in February, rising 7 per cent yearly to over Rs 1.13 lakh crore, symbolising economic recovery, the finance ministry stated. In this article, we will discuss the GST collection in February 2021. GST Collection February … Read more

ISO Certification for Furniture

ISO Certification for furniture

The modern manufacture of furniture, as diverse from its design, is a major mass-production business in India. Also, It is very largely a 20th-century industry, its growth having awaited the growth of a mass customer market as well as the growth of the mass-production procedure. In this article, we will discuss ISO Certification for furniture. … Read more

GST on Mask

GST On Mask

As we know, Medicines and medical kits are the life-savers and therefore it is necessary to have an idea of what rate they are taxed at as eventually, it is going to influence the end price at which they are sold. Medicines and other medical kits for human and veterinary medicine are taxed at four … Read more

Government Increases Tax Audit Limit to Rs. 10 crores – Budget 2021

Government Increases Tax Audit Limit to Rs. 10 crores

Under the Union Budget 2021, Finance Minister Nirmala Sitharaman has announced the notification to increase the tax audit threshold limit from Rs. 5 crores to Rs. 10 crores. Also, this decision provides much-needed help to organisations and businesses that transact electronically. It aims to promote cashless digital transactions and reduce the burden of compliance for … Read more

India to be trans-fat free by 2022: FSSAI

India to be trans fat free by 2022 FSSAI

As per the new notification by FSSAI, All food products in which edible oils and fats have utilised as an ingredient will not include industrial trans fatty acids more than 2% by mass of the inclusive oils or fats present, on and from January 1, 2022. In this article, we will discuss on India to … Read more

 File GSTR-9 & GSTR-9C for FY 2019-20 by February 28, 2021

File GSTR-9 & GSTR-9C

The Central government has extended the deadline for filing the annual return of the Goods and Services Tax (GST) for 2019-20 by two months after businesses and tax authorities demanded respite on grounds of complexities in agreement and disruptions due to the Covid-19 pandemic, government officials said. In this article, we will discuss File GSTR-9 … Read more

How to get a subsidy for Hydroponics

How to get a subsidy for Hydroponics

Hydroponics is soil-less cultivation where plants are grown without soil and by furnishing nutrients to water and roots are submerged in water to grow (soil-less growth of plants and without conventional soil. Also, It implies artificial means to help and nutrient solutions to provide the required nutrition to plants. In this article, we will discuss … Read more

Dispute Resolution Committee to have multiple benches- Budget 2021

Dispute Resolution Committee

With the aim of Atamnirbhar Bharat, Finance Minister Nirmala Sitharaman made an important announcement of the Union Budget of 2021-2022 on February 1st 2021. This budget included many reforms in multiple ways. One of the important reforms is about Dispute resolution. In this article, we will read about the Dispute Resolution Committee to have multiple … Read more

Employees Provident Fund: All you Need to Know about EPF

Employees Provident Fund

In India, If you already have an EPF account. You might have also heard about PF or EPF, which means the Employee Provident Fund. It is a government scheme to provide benefits of saving for each employee. This scheme also allows tax exemptions on the returns of up to Rs. 1.5 lakh. Besides, the interest rate … Read more