No Tax to be deducted under Section 194A of Income Tax Act,1961 on Scheduled Tribes: CBDT

According to a recent notification by Central Board Of Direct Taxes (CBDT) vide Notification No. 110/2021/F. No. 275/27/2021-IT(B) dated 17.09.2021, no tax shall be deducted under section 194A of the Income Tax Act,1961...

All you need to know about the Production Linked Incentive Scheme announced for Textile Sector.

Union Cabinet on 08th,September 2021 has approved the Production Linked Scheme for Textiles for MMF (Manmade Fabric) Apparel, MMF Fabrics and 10 segments/ products of Technical Textiles with a budgetary outlay of Rs. 10,683...

Are Shipping Aggregators Important for eCommerce Businesses?

Most business owners and professionals wish to achieve skyrocket sales and exceptional customer service. Do you have a growing number of orders that are not fulfilled on time? How would you decide which shipping aggregator is best...

Where the assessee has duly explained the source of income of the parties from whom unsecured loans are...

Mrs. Nirmalaben C. Soni , vs ACIT Facts of the caseThe assessee is engaged in the business of resale and job work of Gold and Silver Jewellery. The assessee, filed...

All you need to know about the Incubators selected under the Startup India Seed Fund Scheme

Every startup while filling the application for the Startup India Seed Fund Scheme (SISFS) is required to select 3 incubators along with the preferences and hence the following details about the incubators along with...

CBDT Announces Extension of Due Dates for various e-filing forms

A big relief to the taxpayers has been provided by the finance ministry to the taxpayers by extending the due dates. It was much needed as the new portal has a lot of glitches...

Recent fundings raised by Indian Startups In August 2021

Chaipoint: Chaipoint has raised $ 20 million in its new round of fundings. The funding was done by Paragon Partners, a mid-segment private equity investor, while existing investors, including Eight Roads (Fidelity’s India PE arm), Saama Capital and...

Things you need to keep in mind before listing your business on e-commerce websites:

Charges There are generally 3 types of charges which e-commerce operators like Amazon, Flipkart and other e-commerce operator charge: Listing Commission: Whenever you list a product the e-commerce operator will charge you a listing commission based on the...

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