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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

Quarterly Return Monthly Payment (QRMP) Scheme Analysis

Quarterly Return Monthly Payment

The QRMP scheme came into existence to reduce the burden of monthly GST returns on the taxpayer. The central board of indirect taxes and customs has launched this Quarterly Return Monthly Payment. Also, Any registered taxpayer who has a turnover of less than 5 crore INR can participate in the same. In this article, we … 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.┬áIt 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

GST compensation shortfall released to States reaches Rs 1 lakh crore

GST compensation shortfall released

The finance ministry issued the notification that released the 17th weekly instalment of Rs 5,000 crore to 23 states including Jammu and Kashmir. The total amount issued as the portion of the special borrowing window set up in October 2020 to Rs 1 lakh crore. In this article, we will discuss the GST compensation shortfall … Read more

Person to whom Aadhar Authentication not applies: CBIC

Person to whom Aadhar Authentication not applies

CBIC has issued the notification on Aadhar authentication of CGST Act, 2017 shall not apply to a person who is, not a citizen of India or a Department or establishment of the Central Government or State Government or a local authority. In this article, we will discuss Person to whom Aadhar Authentication not applies CBIC … Read more

Companies Specification and Definitions Details- 2nd amendment rules 2021

Companies Specification and Definitions details- 2nd amendment rules 2021

The Ministry of Corporate Affairs on February 19, 2021, has announced the notification on Companies Specification of definitions details Second Amendment Rules, 2021 to further revise the Companies (Specification of definitions details) Rules, 2014. In this article, we will discuss the Companies Specification and Definitions details. Companies Specification and Definitions details The Ministry of Corporate … Read more

All You Need to Know about ESIC

All You Need to Know About ESIC

As we know, Employees’ State Insurance is a self-financing social security and wellness insurance scheme for Indian workers. The fund is administered by the Employees’ State Insurance Corporation according to rules and regulations stipulated in the ESI Act 1948. In this article, we discuss all you need to know about ESIC. Know About ESIC ESI … Read more

GST on Gold

GST on Gold

The Government of India introduced the Goods & Services Tax in July 2017. The introduction of GST is the beginning of a new tax regime in India. By shifting to a single taxation rule for all goods and services, the government aims to provide uniformity and solve multiple or compounded tax rate issues. In this … Read more

Tax holiday for startups extended by one more year

tax holiday for startups extended by one more year

There’s Good news for all the startups in India or the people looking to initiate startups in India. This good news is related to Tax Exemption. The Finance minister of India, Nirmala Sitharaman, has announced that there will be one more year for the tax holiday for startups. In this article, we will discuss the … Read more