Legal formalities are one of the areas which cannot be prolonged by businesses anymore. This article answers questions related to MSME laws & other legal basics.
On 1st June, the Union Cabinet headed by Prime Minister Narendra Modi revised the MSME definition by changing the investment and turnover figures. Read all about it here.
HSN stands for Harmonized System of Nomenclature, and is used to classify goods in a systematic manner.
Input tax credit (ITC) under GST can be claimed by a registered person only if fulfils certain conditions. Read here to know all about the input tax credit.
This article covers the new MSME definition, support provided to MSMEs, reduction in PF contributions and direct tax measures announced under Atma-nirbhar Bharat Abhiyaan economic package.
Time of supply is the point of time when the goods are considered supplied. Learn the importance of time, place and value of supply under GST here.
As per the latest lockdown guidelines circular released by the Home Ministry, all shops in non-hotspot or non-containment areas are allowed to remain open. Read on to know details.
The GST Composition Scheme is ideal for businesses with a turnover of less than Rs 1.5 crore in a financial year. Read all about the composition scheme here.
GST offers numerous benefits to startups like simple tax processes, online procedures and ease of doing business.
The global economy has been adversely affected by the COVID-19 pandemic. This article talks about all the government schemes during COVID-19.