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Compliances

Labour Ministry notifies Additional Benefits under EPFO...

Labour Ministry notifies Additional Benefits under EPFO and ESIC

The Ministry of Labour and Employment recently announced additional benefits for the workers through the social security scheme run by Employees' State Ins...

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GST Registration

Revocation of Cancellation of GST Registration: How to...

How to restore your cancelled GST registration?

There may be an instance where a tax official may have cancelled your GST registration by initiating suo moto proceedings. In such scenario, the aggrieved...

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Business Plan

Significance of Business Succession Planning

Significance of Business Succession Planning

Business succession planning and management is a strategy to pass on the leadership roles, which means the ownership of the business to an employee or grou...

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Import Export Code

How to obtain IEC Registration for Small Business?

How to obtain IEC Registration for Small Business?

Today everyone desires to grow and expand their business globally. However, it may not be as easy as you would think. It requires going through several pro...

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Income Tax

Payment and Computation of Self Assessment Tax

Payment and Computation of Self Assessment Tax

Individuals are required to pay self assessment tax for income from other sources. No specification for the payment date is specified. This tax can be paid...

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GST

Key Highlights of the GST Council Meeting

Key Highlights of the GST Council Meeting

The 43rd GST Council meeting was held under the chairmanship of Union Finance Minister Nirmala Sitharaman on 28th May 2021. The meeting was held via video...

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Taxation

What is Wealth Tax in India & why was it abolished...

What is Wealth Tax in India & why was it abolished?

Background A wealth tax is imposed on individuals, HUFs, and companies in India if their net worth exceeds Rs. 30 lakhs on the valuation date, which is the...

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Societies Registration

Society Registration: Online Procedure in India

Society Registration: Online Procedure in India

A society is an association of various individuals who come together in a mutual accord to deliberate, govern and act cooperatively for some communal purpo...

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