The “Start-up India” resourcefulness is a flagship program begun by the Government of India in January 2016 to foster entrepreneurship and encourage start-up culture in the country. The initiative aims to provide a supportive ecosystem for start-ups, including various motives and benefits. BusinessRights refer to the legal and ethical entitlements that businesses possess, enabling them […]
Being a responsible citizen we must pay the right amount of tax on time. The Union Budget 2019 has introduced Section 194N for TDS (Deduction of Tax at Source) on cash withdrawals exceeding Rs. 1 crore to discourage cash payments. But the Budget of the year 2020 has reduced the threshold limit for TDS for
This year, due to the coronavirus pandemic, the government has decided to provide certain relief measures to all sorts of businesses. *The maximum late fee for form GSTR-3B is only Rs. 500/- for the tax period of July 2017 to July 2020 if the returns are filed before 30th September 2020. And, No late fees
The government announced new standards that will enable new companies to register online based on self-declaration and will make uploading any documents unnecessary from July 1st, 2020. Officials said that this was made possible by integrating the Udyam registration process into income tax and GST systems and that the details filled in could be verified using the
Udyam Registration For MSMEs From 1st July 2020 The government announced on Friday new standards that will enable new companies to register online based on the self-declaration, and will make document and certificate uploading unnecessary from July 1st. Officials said that this was made possible by integrating the Udyam registration process into income tax and
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