E-Way Bill Registration: Complete Insight details of doing registration
The E-way bill registration is an electronic waybill that can be created on the e-Way Bill Portal for the transportation of goods. Without an e-way bill created on ewaybillgst.gov.in, a GST registered individual cannot transport goods in a vehicle with a value exceeding Rs. 50,000 (Single Invoice/bill/delivery challan). Alternatively, an E-way bill can be created or canceled via SMS, Android [...]
Transfer Pricing In India: Complete Overview and impact due to COVID on transfer pricing
Transfer pricing standards apply to foreign transactions as well as some domestic transactions between related businesses (AE). The rules and methods for pricing transactions within and between enterprises under common ownership or control are referred to as transfer pricing in taxation and accounting. Profits resulting from such transactions must be measured using the arm's length price concept, which is the [...]
Wealth Tax India: Who needs to pay and its history
A brief history of wealth tax in India After the independence of India in 1947, the Indian Income Tax Act 1922 was the primary legislation governing the charge of direct taxes. With the Nehru-led Government in power, the inclination in the economy in the initial years after independence was towards greater socialism. There was an advanced taxation regime with higher [...]
GST Registration certificate: How to download it from GST portal
GST Registration Certificate is given to GST-registered individuals. Those that have a GST registration certificate are expected to show it prominently in their place of business. The method of obtaining a GST certificate is relatively simple. In this post, we'll go over how to get your GST certificate from the GST Portal. Introduction to GST Registration Certificate A GST registration [...]
All you need to know about Licenses and Registrations for Restaurant in India
Food Business in India is one of the most profitable and prevalent businesses these days. There are various restaurant licenses India required. In this digital age, anyone can order food anywhere, anytime. People are having fun with their meals at the doorstep using online food websites. Online food delivery has evolved very much in the past years which has also [...]
Everything to know about Atal Pension Yojana
With the effective introduction of the Pradhan Mantri Jan Dhan Yojana and the continued availability of banking benefits through the opening of a zero-balance account, our honorable Finance Minister Mr. Arun Jaitley enacted and passed a National Pension Scheme (NPS) known as Atal Pension Yojana (“APY”) in the Union Budget of 2015-16. Introduction to Atal Pension Yojana Atal Pension Yojana [...]