Business Updates

Income Tax Rebate Under Section 87A For Income Up To ₹5 Lakh – Explained

Income Tax Rebate Under Section 87A For Income Up To ₹5 Lakh – Explained

The prime source of the Government to generate revenue from the public is the tax. The Government spends these generated revenues on public infrastructure, hospitals, education, and many programs. So, Government has made some changes in the tax structure to give relief to lower-income groups. However, a person whose income is more than Rs 5 … Read more

EPFO net new enrolments grow in February 2021

EPFO net new enrolments grow in February 2021

In India, various EPFO schemes are very prominent. As a result,  EPFO net new enrolments grow. According to EPFO info, there has been an upward trend with the addition of 12.37 lakh gross subscribers in February 2021. In this article, we will look at this update in detail. In addition, we will also understand EPF, EPF … Read more

Trademark Class 41: Trademark Registration for Education and Entertainment

Trademark class 41

Trademark Class 41 for Education and Entertainment is a class providing significant value to both services. As we know, Everyone is seeking to grab a large amount of market share these days. However, there is a cutthroat rivalry between ventures. As a result, new organizations aim to present a superior offering to their consumers. They … Read more

Benefits of Barcode Registration

Benefits of Barcode Registration in India

Barcodes have transformed the way organizations conduct business right since their introduction in 1949. Today, the concept of barcodes is no longer alien to us. Be it electronic items, groceries, or even patient wristbands in hospitals; all use barcodes. This article aims to educate our readers on the meaning of barcodes and the benefits of … Read more

Carbonated grape juice to face 28% GST, rules AAAR

A taste of fizz has led to grape juice manufactured and distributed by a Tamil Nadu-based company being expelled out of the classification of ‘Fruit pulp or fruit juice-based drinks’, which attracts a lower goods and services GST at 12%. In this article, we will discuss on Carbonated grape juice. GST on Carbonated grape juice … Read more

BHEL to procure 300 products worth ₹3,000 cr from MSMEs

BHEL to procure 300 products worth ₹3,000 cr from MSMEs

MSMEs, short for Micro, Small, and Medium Enterprises, contribute significantly to any country’s socio-economic development. In India, mainly, MSMEs have gained increasing significance because of the contribution they make towards India’s GDP and exports. Also, the thrust that they provide to entrepreneurship development in the rural and semi-urban areas has earned them the country’s respect.  … Read more

Comprehensive Information and Importance of Management Accounting

Comprehensive Information and Importance of Management Accounting

Earlier, there was a myth that large businesses use the Management Accounting method to boost revenue by tracing the financial information. At present, many small and large companies are using Management Accounting. If you run a business, then you must be aware of the importance of Management Accounting to regulate your business effectively. Management Accounting … Read more

ISO certification for Electronics Industry

ISO certification for Electronics Industry

ISO Certification for the Electronics Industry is beneficial in unlimited ways. ISO (International Organization for Standardization) is a standardization body that develops and publishes International Standards. The main purpose of ISO Certification is to achieve the highest degree of performance in any business. In this article, we will discuss ISO Certification for the Electronics Industry. Need … Read more

Decoding GST Levied On Gold Purchases

Decoding GST Levied On Gold Purchases

Gold is highly volatile in the Financial Market due to the fluctuation of its price. The Centre Government fixed the GST based on the transaction of the Gold. So, here in this article, you will get to know about the Decoding GST Levied On Gold Purchases. The decoding process will help you to buy the … Read more

India Allows Additional 3,569 Tonne Sugar Exports to US

India Allows Additional 3,569 Tonne Sugar Exports to US

India is the second-largest sugar-producing nation in the world. During the period 2019-20, India’s sugar exports stood at 5 million metric tonnes. It made India the third-largest sugar exporter after Brazil (19.3 MMT) and Thailand (10.65 MMT). In this article, we will discuss India Allows Additional 3569 Tonne Sugar Exports. However, lately, India has been … Read more