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Taxation of NRIs under Indian Income Tax Act

Taxation of NRIs under Indian Income Tax Act

NRI taxes are confusing to many. It is essential to understand the Taxation of NRIs because several Indians visit their motherland to see family or because they are stuck in India due to the Covid-19 pandemic. In addition, in ITR Filing, the NRIs face various hurdles. Thus, we shall study this article in-depth to know … Read more

APEDA virtual fair for Horticulture Products

APEDA virtual fair for horticulture products

APEDA virtual fair for horticulture products – To boost the export potential of India’s agricultural and processed food products during the COVID19 pandemic. Now the second virtual trade fair (VTF) for horticultural produce organized by the Agricultural and Processed Food Products Export Development Authority (​APEDA) has been inaugurated. In this article, we will read about … Read more

No GST on COVID Relief Products 

No GST on COVID Relief Products

The 43rd GST Council meeting majorly focused on providing COVID-19 relief to the taxpayers and patients suffering from the dreadful coronavirus pandemic. The GST council meeting was held in New Delhi on 28th May 2020, under the Chairmanship of Union Finance Minister Smt. Nirmala Seetharaman. The meeting was held via video conferencing, and the finance minister … Read more

Due Date of ITR Filing Extended & Other Deadlines Relaxed

Due Date of ITR Filing Extended Form 16 Delayed, Other Deadlines Relaxed

In the recent move by the Income Tax department, keeping the pandemic in view, several Due Date of ITR Filing Extended for the year 2020-2021. The extended ITR filing date is a relaxation that aims for individuals and businesses to maintain the business sentiments amidst this pandemic. The extension in the deadline for income tax filing … Read more

ISO Certification for Mining Industry

ISO Certification for Mining Industry

ISO certification for the Mining Industry demonstrates the commitment to integrity, continuous improvement, and customer satisfaction. For the mining industry, there are several benefits of having an ISO certification. As we all know, Mining enterprises have a different level of severity, whether detrimental or positive, in their environment. Consequently, it is vital for the mining … Read more

ISO Certification for News Media Industry

ISO Certification for News Media Industry

ISO Certification for the News Media Industry is beneficial in multiple ways. Unlike any other organization, media businesses have to meet the expectations of two kinds of customers, i.e., the public/readership and marketers. In addition, Most of them have to meet government standards or regulations that add a new complication. The critical goal of ISO … Read more

APEDA facilitates jackfruit exports from Tripura to the UK

APEDA facilitates jackfruit exports from Tripura to the UK

APEDA facilitates jackfruit exports from Tripura to the UK, After the successful export of pineapples and lemon to the Middle-East Nations. The Tripura-based exporter sponsored the acquisition of the full-grown jackfruit from the Sepahijala district through the Agriculture and Processed Food Products Export Development Authority (APEDA). APEDA confirmed on Friday the export of the 1,2-ton … Read more

India’s Exports Rise To $30.21 Billion In April

India's Exports Rise To $30.21 Billion In April

India has registered an export of $30.63 billion in April 2021 as compared to $10.63 billion in the same month of last year reflecting a growth rate of 195.72%. In terms of value in Rs, the total exports were Rs 2, 28,071.76 Crore in April 2021 as compared to Rs 78,951.41 Crore in April 2020. In … Read more

RTI Reveals- CBIC Collects GST Penalties in 7 digits!!

CBIC Collects GST Penalties in 7 digits

It is a surprising fact that taxpayers are finding GST Compliances complicated, and they are facing many difficulties in timely GST Return filing. As a result, the taxpayers have to face heavy penalties. This fact was revealed when CA Ram Bajaj from Rajasthan filed an RTI to CBIC (Central Board of Indirect Taxes and Customs). … Read more

GST Council likely to declared an amnesty on delayed gst return filing

GST Council likely to declared an amnesty on delayed returns

In what may bring further huge relief to businesses affected by Coronavirus, the GST Council is likely to announce an amnesty scheme. The GST council is meeting after the lockdown has been ordered about the amnesty scheme. This lockdown has influenced state authority GST interests with various reposting dramatic falls in 80 to 90 % … Read more