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Government committed to clear MSME dues within 45 days

Government committed to clear MSME dues within 45 days

For the last couple of days, union FM has been holding review meetings. Initially, to check the pending Micro, Small, and Medium Enterprises payments. On July 26, she stated in question hour. Finance Minister Nirmala Sitharaman said, “I am personally monitoring and assisting in the case.” MSME registration portal is open to all MSMEs. In this … Read more

Centre begins review of legal issues in GST

Centre begins review of legal issues in GST

The Centre has started a comprehensive review of the Goods and Services Tax (GST) law, as well as different GST rules. It is to offer clarification on concerns that have arisen since the levy’s implementation in July 2017. In this article, we will look at the Centre begins review of legal issues in GST. What … Read more

APEDA collaborates with Ladakh officials to boost Agri exports

APEDA collaborates with Ladakh officials to boost agri exports

Good news for Exporters in Ladakh having APEDA Registration. The piece of good news which relates to APEDA collaborates with Ladakh Officials. APEDA(Agriculture and processed food production export Development Authority) is well known for organizing various events and programs to boost agricultural exports in India. Therefore, Having an APEDA Registration benefits many. In this article, … Read more

Income Tax Raid Conducted on Dainik Bhaskar

Raid conducted on Dainik Bhaskar group

The income tax department on Saturday claims that the Dainik Bhaskar group allegedly evaded taxes of Rs 700 Crore over a time span of 6 years. On conducting a raid it is found that Bhaskar evaded such a tremendous amount of taxes by fake companies assigned to their employee’s names to “book bogus expenses” and … Read more

Govt Collects Rs 2.41L Cr From Income Tax In Q1

Govt Collects Rs 2.41L Cr From Income Tax In Q1

As per the statement of the Finance Ministry India, the Govt collects Rs 2.41L cr from income tax as a direct tax in the first quarter of 2021 i.e. April to June. In the same period, the government of India has collected Rs.1.01 lakh crore on excise duty. At Lok Sabha, the finance minister Mr. Pankaj … Read more

Step-by-Step Guide to File Income Tax Returns Online & Offline

Step-by-step guide to file income tax returns Online & Offline

A step-by-step guide to file income tax returns Online & Offline is going to be very helpful for all of us.  As we all know, ITR filing is mandatory for every salaried person having an income of over 2.5 Lakhs. Furthermore, if you have no tax liability, even then you have to file ITR. However, … Read more

APEDA and BEDF train farmers to grow high-quality Basmati Rice

APEDA and BEDF train farmers to grow high-quality basmati rice

APEDA (Agricultural or Processed Food Products Export Development Authority) and BEDF (Basmati export development foundation) have taken a pioneering step to sensitize farmers. APEDA and BEDF train farmers to develop high-quality rice. As an initiative, the Basmati export development foundation in connection with rice exporters’ connection with UP has established a consciousness campaign. It helps to … Read more

GST Compensation: Centre releases 75000 crores to states, Uts

GST Compensation Centre releases 75000 crores to states, Uts

A finance department has released Rs 75 thousand crores nowadays to Uts and States with the government under the end-to-end loan ability in lieu of GST compensation. The authority has rented and provided to states Rs 75000 crore to create up for the deficit in their proceeds as of the GST execution. The finance department … Read more

CBDT extends due date to file Form 15CA/15CB manually

CBDT extends due date to file Form 15CA15CB manually

Big relaxation for taxpayers and foreign currency remitters as CBDT extends the due date to file form 15CA/15CB manually. Many taxpayers reported various issues in the new income tax portal while filing form 15CA/CB. Therefore, addressing this issue CBDT extended the deadline to file these forms. In this article, we will understand this notification in … Read more

APEDA holds Buyer-Seller meet at State’s vegetable hub

APEDA holds Buyer-Seller meet at State’s vegetable hub

Benefits for exporters are increasing day by day. As we have seen, APEDA organized a training program, Lalmandi. Similarly, the APEDA recently held a Buyer-Seller Meet. The APEDA(The Agriculture and Processed Food Products Export Development Authority) is continuously organizing such meets to encourage the export business. Moreover, these meetings are also benefiting farmers in several … Read more