News

CBIC waived off Late Fees for GSTR-4 & GSTR-10

Income tax

The CBIC has issued the notifications for waived off late fees for the late filing of GSTR-4 and GSTR-10 Let’s summarise the Notifications issued:- Know About GSTR-4 and GSTR-10 Return GSTR-4 is a return that needs to be filed by taxpayers. The due date for GST Return filing Form GSTR-4 Annual Return is 30th of the month … Read more

GST on Sanitizer

GST on Sanitizer

The consumer demand for face masks and hand sanitizers has increased during the year 2020 due to the COVID-19 pandemic. These products are now necessary commodities for social distancing and maintaining good hygiene. Every buyer must aware of its pricing and MRP to avoid being overcharged. In this article, we discuss the GST on sanitizer … Read more

The Lok Sabha has passed the new Reforms for Companies (Amendment) Bill 2020  

companies amendment bill

The Lok Sabha has passed the Companies (Amendment) Bill that seeks to decriminalise specific offences under the Companies Act, 2013, in case of defaults but not involving frauds. Let’s Understand in Detail –  The Companies (Amendment) Bill, 2020 The Companies (Amendment) Bill, 2020, was passed by Lok Sabha where Around 48 sections of the Companies … Read more

SBI to Change Cash withdrawal rules

SBI to change cash withdrawal rules

ATM fraud cases are increasing rapidly during the country. Because of this, the country’s largest bank State Bank of India (SBI) has now determined to implement SBI cash withdrawal rules like a one-time password (OTP) based ATM cash withdrawal facility (24 ×7).  Let’s understand in detail –  New Guidelines by SBI SBI has announced the … Read more

Trademark Registration for Pharmaceutical Products: Trademark Class 5

A recognised trademark has exceptional protection against passing off and infringement of such trademarks. Identified trademarks are known in India based on their reputation, nationally, internationally, and cross-borders. With the trademark registration, Trademark Application is classified under 45 different classes which are based on the kind of business activity. In this article, we will discuss … Read more

ISO Certification for Hospitality Industry

ISO certification for hospitality

 As we all know ISO Certification for quality management systems shows the delegation to consistency, continual improvement and patient satisfaction. These are tangible advantages for ISO certification for the Hospitality industry. Also, ISO Certification plays an essential part in building a sustainable culture of high performance. In this article, we will discuss various types of … Read more

ICAI asks extension of GST annual return filing for FY19

gst annual return filing FY19

Big relief for composite GST taxpayers, the Institute of Chartered Accountants of India (ICAI) has written to the GST Council asking for an extension of GST annual return filing for FY19. Let’s understand in detail – Due to the COVID-19 pandemic, The Institute of Chartered Accountants of India (ICAI) has written to the GST Council … Read more

Trademark Registration for industrial Oil and Fuels: Trademark Class 4

As we know, Trademark registration provides companies to claim ownership of their unique brand name and protects against misuse and violation. With the trademark registration, one can improve business brand and claim rights. Trademark Application is classified under 45 various classes which are based on the nature of the business activity. In this article, we … Read more

Procedure of Export Goods from India to Other Countries

export goods

Importing and Exporting are means of Foreign Trade. Foreign trade is carried out in goods and services – which covers imports, exports, and the balance of foreign trade – is presented separately for Export goods and services. In this article, we will discuss the Processing an Export Order in detail –  About Import Export Code … Read more

How to Start Export Business in India

Export business

India is amongst the world’s top nation’s leading the export of merchandise. With the progressed liberalization of trade by the Indian Government, there’s an abundant opportunity for establishing a profitable export business. Also, Exports promote international trade and stimulate domestic economic activity by creating employment, production, and revenues. In this article, we will discuss the … Read more