India is the world’s largest producer, consumer, and exporter of rice, accounting for almost half of global exports. The country is also among the top three wheat and coarse grains producers, such as millet, maize, and barley. Since the 1960s, rice production has increased dramatically to meet growing consumption-driven by population growth, urbanization, and rising … Read more
Accounts and Records under GST are crucial parts for the understanding of the GST Taxation system. As we all know, The evaluation under GST focuses primarily on taxpayers’ self-assessment. Therefore, each taxpayer is obliged to self-assess the taxes payable and provide a return for specific tax periods, i.e., the reporting period. That’s why, In this … Read more
As we know, Permanent Account Number (PAN) and GST are some of the most important things for any business. The central government has announced some important updates for udyam registration. In this article, we will GST discuss, Registration and PAN Card mandatory for Udyam Registration. New Update on MSME Registration GST Registration and PAN Card … Read more
Many people consider ISO 45001 Certification while initiating their business, but only a few know why. It is worth noting that, ISO 45001 training allows organizations to avoid injuries and ill-health. In addition, it helps in improving the OHMS(Occupational Health and Safety Management System). In this article, we will read about How Can ISO 45001 … Read more
The GST Rate on Operating mini AC bus services is clarified now. Earlier, there was confusion among many people regarding GST Rates. The clarification was done by AAR(Authority for Advance Rulings). The applicant, M.P. Enterprises & Associates Limited, is a ‘supplier’ GSTIN under the Central Goods and Services Tax Act, 2017. Brihanmumbai Electric Supply and … Read more
As we know, Starbucks is the leading retailer, roaster, and brand of specialty coffee globally, operating through nearly 11,000 locations in 49 countries. From the beginning, Starbucks set out to be the premier purveyor of the world’s finest coffee. They discovered that high-quality coffee, roasted with care, can only be delivered through a special connection … Read more
Form 10BA is the report to be filed by the taxpayer who is required to keep tax deduction under section 80GG for rent paid on rental land. This article gives information about How to file form 10BA under section 80GG. Requirements to claim a deduction There are the following two requirements to claim deduction under section … Read more
The 44th GST Council meeting was held in New Delhi on 12 June 2021, by video conference call under the chairmanship of SMT Nirmala Sitharaman, Minister of Finance and Corporate Affairs. The virtual meeting took place in order to finalize mechanisms for compensating States for the income deficit of their 2.35 lakh crore Rs in the … Read more
The restaurant’s mandate to mention FSSAI Registration Number on bills is the latest update in the restaurant sector. The objective of this step is to improve the grievance system. Furthermore, FSSAI believes it will help to generate overall awareness about FSSAI. Experts believe this move will benefit consumers by making it easier to complain about a … Read more
Aadhar linking mandatory for PF Withdrawal is an important update. As we all know, many people have lost their jobs due to the coronavirus pandemic, while others have seen their income drop. Besides, due to medication and health issues, expenditures have risen. Therefore, Many Provident Fund (PF) contributors in India are withdrawing their contributions to … Read more