The Goods and Services Tax (GST), Ranchi, while responding to an RTI application filed by an individual, revealed that the Government has collected Rupees 1,07,02,47,136/- towards late fee on delay in filing GSTR 3B and other GST Returns in last two years. However, there is no information regarding the number of late fees collected from […]
🌀 1) GST Exemption to some COVID-19 supplies till 31st August 2021. 🌀 2) A Particular Medicine for Black Fungus also exempted. 🌀 3) GoM to be formed to check if further reductions to be given to new items, GoM to submit reports before 8th June. 🌀 4) Amnesty Scheme with reduced late fee to […]
The Madras High Court directed the GST Authorities to allow the benefit of refund claim as legitimate export incentives can not be denied. The petitioner, BNP Paribas Global Securities Operations Private Limited had filed the three refund claims for the various periods. The three refund claims were considered by the respondent vide three separate Order-in-Original. […]
Building a new business can be a fun and exciting time in your life. Before that, you should know about the main factors that should be considered while starting a new business which might help you in eliminating some risks and obstacles that you may face during the journey: Great innovative idea Funding & Compliance […]
Why Start-ups fail and how can you avoid it? Starting a new business to be an innovation and rich in enthusiasm but are failed when it comes to arranging of capital. Also, we believe that if companies fund runout, the company goes bankrupt and its game over. But that’s untrue at all; the fact is […]
India has a large number of start-ups mushrooming enormously day by day and has the third largest number of start-up in the world. This will impact the socio-economics of the start up eco system thereby creating larger numbers of opportunities for new start-ups. Unfortunately, India has the second highest number of unregistered businesses. But registering […]