GST Registration: Types, Procedure, Reverse Charge, Exemptions and Compliance

What is GST Registration? Subsequent to the roll-out of the GST (Goods and Service Tax) since July 2017, all the earlier indirect taxes, being imposed by the state or central government has been replaced. Under this GST system, it got mandatory to convert the previous VAT/CST State wise Assessee and Service Tax or Excise assessee to the new tax reform and get GST Registration for their business. Moreover, every business whose turnover is more than Rs. 20 lakhs (except some northeastern states where the limit is 10 lakhs) is required to get registered [...]

By | 2019-03-18T09:04:54+00:00 March 13th, 2019|GST|Comments Off on GST Registration: Types, Procedure, Reverse Charge, Exemptions and Compliance

Understanding ISO Certification & Accreditation to choose best for your business There are over 21000 ISO Standards for you to choose from. To opt for the one that would be best inclined with your line of business, you must be able to identify to choose the best ISO Certification & Accreditation for your organization

ISO Certification The aim of ISO (International Organization for Standardization) is to enhance the development of standardization and related activities all over the world. It is, merely, a worldwide federation with various nation's standards bodies, as members. The goal was to facilitate the international exchange of goods and services and to develop cooperation in various spheres economic activity. To your business, ISO Certification provides an internationally tested framework of systematic approaches to conducting your business processes. The objective is that your organization would consistently turn out products conforming to customer expectations. ISO [...]

By | 2019-03-18T08:58:51+00:00 March 13th, 2019|ISO Certification|Comments Off on Understanding ISO Certification & Accreditation to choose best for your business There are over 21000 ISO Standards for you to choose from. To opt for the one that would be best inclined with your line of business, you must be able to identify to choose the best ISO Certification & Accreditation for your organization

Income Tax Return (ITR), Types of Forms, E-Filing & Exemptions

Income Tax Return (ITR) An ITR is the tax form/forms, reporting your income, profit & losses and the expenses occurred in your business, along with other deductions applicable, at the end of each financial year. The income, includes regular wages, capital gain, interest on deposits, dividends, rent, royalties or any other resources. It can be separated under either of the 5 Heads of Income Tax. This is to declare the total income of an individual or a firm to the Income Tax Department of India, CBDT. The ITR is to be filed in a predefined worksheet format where [...]

By | 2019-03-18T08:59:41+00:00 March 13th, 2019|ITR|Comments Off on Income Tax Return (ITR), Types of Forms, E-Filing & Exemptions

How ISO 14001 is beneficial for your business Growth & Profitability are the topmost motives of any business concern. And getting a quality management system would definitely bring gains for your organization.

What is ISO By getting your business audited externally, by a third party, and getting your organization an ISO Certification in India, you are proving the company’s commitment to increasing the credibility and customer confidence in the brand/service or product. And additionally, making a business statement to your employees, senior management and associates that you wish to operate to a set framework in order to achieve the company's goals. ISO 14001 is the standard specifying the model of an Environmental Management System, under ISO. What is ISO 14001 series ISO 14001 is the international [...]

By | 2019-03-18T09:00:25+00:00 March 13th, 2019|ISO Certification|Comments Off on How ISO 14001 is beneficial for your business Growth & Profitability are the topmost motives of any business concern. And getting a quality management system would definitely bring gains for your organization.

Benefits of Social Media Marketing: that your business must take advantage of The Essence and Essentiality of Social Media Marketing 2019

What is meant by Social Media Marketing Social Media as a Marketing tool for businesses, in 2019 and beyond, is like Oxygen is to breathe. Social media marketing is the process of gaining and promoting attention to any product or service, and connecting with a larger group of stakeholders-potential/current customers, potential/current employees and the general public, using various social media sites. To give a quick example, even the petty, next door accessory sellers are using Facebook & Whatsapp Promotion to market their range of products, such as watches, bed-sheets, garments etc. Most [...]

By | 2019-03-18T07:52:58+00:00 March 13th, 2019|social media marketing|Comments Off on Benefits of Social Media Marketing: that your business must take advantage of The Essence and Essentiality of Social Media Marketing 2019

How to check Aadhaar Status Online after Update Request

Introduction Before going to the tracking of Aadhaar update status, first, have a look at the types of categories— Generally, Aadhaar card updates have been divided into two categories: Demographic data Biometric data Once a request for change, update or rectify information on the Aadhaar card has been submitted, the applicant can track the status of it to see if it has been approved, if it’s still in progress or if it has been denied. At the time of the update process, a resident needs to fill out an application form either [...]

By | 2019-02-27T12:09:27+00:00 February 27th, 2019|Aadhaar Card|Comments Off on How to check Aadhaar Status Online after Update Request

How to get your Personal Loan Approved

Overview A personal loan refers to the unsecured loan that is extended by Financial Institutions. Personal loans do not carry the requirement of collateral being termed unsecured. This kind of loan is given to the applicants solely on their credit history and ability to repay the loans from their current personal income. In personal loans, the financial institution interest rates are not usually fixed but the interest rate charged differs from Financial Institutions to Financial Institutions. Moreover, as a rough guide, interest rates on a personal loan range from 11-37% [...]

By | 2019-02-20T15:41:42+00:00 October 3rd, 2018|Personal Loan|0 Comments

Why you need Multiple Credit Cards in Today’s economy In the age of cashless and digital transactions, it becomes vital for individual to manage finances better. Credit Cards provide facilities to do exactly that. Here, we're going to look at why you should consider having multiple credit cards in today's economy

Credit Cards, Digital Payments, and Misconceptions Digital payments and cashless transactions are convenient and easy to use send or receive money. The government of India has been deploying schemes, incentives as well as strict laws to ensure a higher frequency of cashless transactions. Thus, with digital modes being promoted, Credit Card is a form of cashless transaction which is slowly going to rise in India. These are vital in today's economy for the growing up millennials as well as the incoming generation of earners. In this article, we are going [...]

By | 2019-02-20T15:41:43+00:00 October 1st, 2018|Credit Card, Credit Score|0 Comments

Tax benefits on investing in mutual funds

Introduction You invest a fixed sum of money in a scheme either every month or quarter under the debt mutual funds or equity mutual funds. At the time of investing in a particular mutual fund, the first thing that you need to access its returns is to know the entire process of how it will be taxed. The post-tax returns will matter a lot. This article focuses on the Tax benefits on the mutual fund. For more information related to mutual funds, SEBI Regulations on Mutual Fund Expense or more must follow [...]

By | 2019-02-20T15:41:43+00:00 October 1st, 2018|Mutual Funds|0 Comments

SC Aadhar Verdict: Aadhar Legal but Voluntary. Not mandatory for SIM cards, School Admission or Bank Accounts There was a long standing debate and country-wide issue when there were claims that the implementation of Aadhar was vioalating the fundamental Right to Privacy and was therfore unconstitutional . A panel of judges sat down on 26th September to decide the consitutionalism of Aadhar

Aadhar Card has become a part and parcel of everyone's lives from the general population to corporates in India. The identification system brought in by the Unique Identification Authority of India (UIDAI)  under compliance with the Aadhar Act of 2016. However, the government of India, in the August of 2018, upheld the right to privacy as a fundamental right of the citizens. This decision raised eyebrows on the system of identification via Aadhar which takes biometric as well as personal details of the citizens. Many argued that the Aadhar was [...]

By | 2019-02-20T15:41:44+00:00 October 1st, 2018|Aadhaar Card|0 Comments