Before listing new GST updates, let us understand it a bit. What are the components of GST? There are three taxes on this system: CGST, SGST, and IGST. CGST: This is the tax levied by the central government on a domestic sale (e.g. a transaction within Maharashtra). SGST: This is the tax imposed by the […]
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
Technology has reached such great heights that whatever you need you can get it on your doorstep be it food, clothes, electronic devices, furniture, and many more. If you are down, toiling all day long and living alone and don’t want to cook it is so elementary to order your food online by just scrolling
Licenses for online food delivery services in India Read More »
The year 2020 came with a deadly threat for every individual in the world. The universe is ensnared in a serious economic crisis because of the COVID-19 pandemic. It is evident to say that due to the pandemic, the global economy is grinding to a halt. Thus, the administration is taking a lot of steps
What Is GST ? Goods and Services Tax (“GST“) is the indirect tax levied in India and subsumes different taxes such as service tax, excise duty, VAT, entry tax and customs duty, into a single tax system. GST was introduced to reduce complexities and compliance’s of doing business for millions of small businesses in India. How
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