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CBDT notifies Income Tax Return forms for 2020-21

The Income Tax department has announced forms for filing I-T returns for the 2020-21 fiscal, the Central Board of Direct Taxes explained on Thursday. In this article, we will discuss CBDT notifies Income Tax Return forms. CBDT notifies Income Tax Return forms The Income Tax department has announced the notification forms for filing I-T returns … Read more

Government releases Rs 30,000 cr to states as GST compensation

Govt releases Rs 30,000 cr to states as GST compensation

The Centre has circulated Rs 30,000 crore to the states as GST compensation on March 27, and about Rs, 63,000 crores is pending for the current fiscal, the Finance Ministry announced on Tuesday. In this article, we will discuss Govt releases Rs 30,000 cr to states as GST compensation. In this article, we will discuss … Read more

GST collections March 2021 at nearly Rs 1.24 trillion, an all-time high

At almost Rs 1.24 trillion, the GST revenue collections in March 2021 were the highest since the tax system’s introduction in July 2017, government explained. Also, the collections were up 27 per cent when compared with the year-ago period. In this article, we will discuss on GST collections March 2021. GST Collections March 2021 GST … Read more

Who can apply for ISBN?

Who can apply for ISBN?

As we know that with the growing demand for online shopping, e-libraries and e-books created much more competition among booksellers and publishers to make their books available in every notch of the market. The concept of the e-book has increased the reach of authors to make their books available worldwide. The same is possible by selling … Read more

Trademark Registration for Building Construction and Repairs: Trademark Class 37

Trademark Class 37

Misuse of a well-known trademark is extremely difficult to achieve as Trademark Registration helps businesses in multiple ways. Recognized trademarks are well-known in India. With trademark registration, one can easily boost one’s business brand and have legal advantages. Therefore, in this article, we will discuss trademark Class 37, which relates to the business of construction, demolition, … Read more

MSME Sector is the Key Focus Area of NDA Govt

MSME Sector is the Key Focus Area of NDA Govt

As we know, MSMEs, or Micro, Small, and Medium Enterprises play a stellar role in ensuring the growth of a country’s economy. Their contribution towards production, employment, and exports, make them an indispensable part of any economy. In this article, we will discuss on MSME Sector and its importance. Importance of MSMEs in India Although … Read more

HSN Code / SAC mandatory on GST Tax Invoices from 1st April 2021

HSN Code & SAC mandatory on GST Tax Invoices

With effect from the 1st April 2021, it has been made necessary for a GST taxpayer, having turnover of more than Rs 5 crore in the preceding financial year, to provide 6 digits HSN Code (Harmonised System of Nomenclature Code), or as the case may be, SAC (Service Accounting Code) on the invoices published for … Read more

Non-tax filing on increase in state since GST rollout

Non-tax filing on increase in state since GST rollout

Ever since the Goods and Services regime was executed on July 1, 2017, the commercial tax department has seen an 85% rise in the number of taxpayers who have halted filing returns. In this article, we will discuss Non-tax filing on increase in state since GST rollout. Non-tax filing on increase in state since GST … Read more

ESIC scheme adds 11.55L new members in Jan 2021

ESIC scheme adds 11.55L new members in Jan 2021

ESIC schemes are very popular in India. As a result, there is a hike in new members joining the scheme. According to NSO numbers, the number of new ESIC subscribers registering in 2019-20 was 1.51 crore. Approximately 83.35 lakh new customers joined the ESIC system between September 2017 and March 2018. ESIC scheme adds 11.55L  … Read more

Importance of ISBN and Barcode

Importance of ISBN and Barcode

As we know, an ISBN is a crucial requirement if you are a writer looking to sell your book through booksellers, distributors, wholesalers, and internet websites worldwide. Every country has its own designated ISBN agency that is entrusted with issuing ISBNs and promoting its use. This article will focus on the importance of ISBN and … Read more