Our Blog
Recent updates in GST
GST keeps changing on day to day basis and it is very important to be aware of the amendments as it directly affects the businesses, cash flows, and statutory compliances.
How to Obtain an FSSAI License for a Fruit Business?
The Indian government is constantly changing the laws to maintain the safety of food in the country. FSSAI is the Food Safety and Standard Authority of India which handles all the issues related to food products.
Online Income Tax Return Filing in India
India is becoming a digitally advanced country in the current times. From shopping to income tax return filing, everything is done online today. Now, you do not have to go through the hassles of doing paperwork to file ITR. The process of Income Tax Return Filing in India is done on the official portal of new income tax.
All About INC 20A Business Commencement Form
INC-20A form is required to be filed as persection 10A(1)(a) of the Companies Act, 2013 and Rule 23A of the Companies (Incorporation) Rules, 2014.
CARO 2020 vs. CARO 2016 – A Comparison
Companies Audit Report Order (CARO) is a format prescribed by the ministry of corporate affairs (MCA) for the issue of Statutory Audit reports of companies as per the Companies Act, 2013.
Basics of Business Valuation
Business valuations are rather considered as a work of art than science nowadays. Valuations of businesses having fair business prospects are now booming even if they are at a prototype stage only.
Composition Scheme under GST
The Composition levy scheme is a very simple, hassle-free compliancescheme for small taxpayers. It is voluntary and can be availed at the option of the assessee. It is constructed mainly to ease the compliance burden of small and medium businesses in India.
Section 194R for TDS and Its Effect on Businesses
Section 194R is recently introduced in the finance bill 2022 for applicability of deduction on TDS on business promotion expenses paid by the business entities. This new TDS section will be applicable from 1st July 2022.
Advantages of Udyam Registration for MSMEs
Starting a new business involves many steps from planning to documentation work. It takes a long time to register a new business in India. Looking at the problems of small businesses, the government started the Udyam Registration process in India,