5 Startups which are helping small ventures grow

Unfortunately due to covid-19 pandemic there have been many startups which had to be shutdown but here is the list of startups which are helping other businesses grow: Shiprocket Sector: Logistics This Delhi based startup is known for its logistics...

Rule 33A: MCA inserts New Rule for allotment of new name to Existing Company

First Notification MCA vide notification dated 22nd July, 2021 has commenced the provisions of Section 4 of Companies (Amendment) Act, 2020 which shall come into force from 1st September, 2021. Section 4 of Companies (Amendment) Act, 2020...

A brief insight into G7 ‘s proposal for a Global Minimum Tax Rate for Corporations

What is G7 ? The Group of 7 (G7) is an informal group of seven countries — the United States, Canada, France, Germany, Italy, Japan and the United Kingdom, the heads of which hold an annual summit...

43rd GST Council Meeting Updates and Relaxations

Customs duty and GST exemptions on relief materials: Indian Customs duties comprise of Basic Customs Duties (BCD) and Customs duties equivalent to Integrated Goods and Services Tax applicable on local supplies of similar products (hereinafter...

New MSME Udyam Registration Process and all you need to know

The government has organized a system to facilitate the registration of MSMEs. An enterprise for this process will be known as Udyam and its Registration Process will be known as ‘Udyam Registration’. A permanent...

Due Date Calendar for June’2021

A) Due dates for Compliance under Income Tax 7 June 2021 - Due date for deposit of Tax deducted/collected for the month of May, 2021. However, all sum deducted/collected by an office of the government...

What is Professional Tax? View Tax Slab and Applicability

What is Professional Tax? Professional tax is a tax that a state government levies on any individual who earns income through any medium. Unlike the name suggests, it is not just for professionals but for...

What are Form 15CA and 15CB? How to fill and who are applicable.

Any payment made to a non-resident or a foreign company is subject to various rules and regulations. As per provisions of Section 195 of Income-tax Act,1961 any person responsible for paying money to a non-resident...

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