Business Updates

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

Big Relief! Donation in PM CARES Fund Eligible for 80G Deduction

80G deduction for PM CARES Fund

COVID-19, also known as Novel Coronavirus, has already affected over 110 regions and killed almost around a million people. Hence, to deter this disease and stop it from spreading further, several countries are currently facing complete lockdown. Luckily, the virus spread in India quite late. The Government had timely imposed the lockdown to stop the … Read more

GeM Registration for Suppliers of PPE Kit

gem-registration-ppe-kit

Today the entire world population is in the trap of a global pandemic — the Coronavirus disease, or what we call COVID-19. With its sway all over the world, killing millions of casualties worldwide, this pandemic has now posed a severe threat to mankind. Throughout the globe, there is one thing that has the greatest … Read more

Major Relief! FBOs can operate without FSSAI registration while Lockdown

FSSAI registration FBOs

To ensure credibility, it is mandatory for every food business set up to acquire a license from FSSAI, Food Safety and Standards Authority of India.  FSSAI Registration is required for all food-related businesses such as manufacturers, traders, restaurants, small eateries, grocery shops, importers, exporters, home-based food businesses, dairy farms, processors, retailers, e-tailers.   Considering the great … Read more

Great Relief! Businesses can file GSTR-3B without DSC during COVID-19 Lockdown

gstr-3b-without-dsc

Today the world is almost caught in a major catastrophe in the form of COVID-19 pandemic. India has been placed under complete lockdown till 3rd May 2020. Due to the inability of the businessmen to fulfill their regular compliance, the government has given certain relaxations. The Due-date for filing GSTR-3B for the month of February, … Read more

E-Gram Swaraj Portal & App Launched for Gram Panchayats

e-gram-swaraj-portal

On the occasion of National Panchayati Raj Day, our Honorable Prime Minister Sh. Narendra Modi on 24th April 2020 has launched 2 mobile portals E-Gram Swaraj Portal & Swamitva Scheme. The first National Panchayati Raj Day was celebrated in 2010. Since then, the National Panchayati Raj Day is celebrated on April 24 every year in … Read more