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There is hardly any doubt in the fact the every business, whether big or small, national or international, needs funds to run smoothly. Though there are several ways of obtaining funds not just for business incorporation but for business functioning too. One of the most popular ways these days is to raise an IPO in […]
The Finance Minister Smt. Nirmala Sitharaman presents the Interim Union Budget 2024-25 on February 1st. The mantra behind the budget was ‘Sabka Saath, Sabka Vikas and Sabka Vishwas’ and ‘Sabka Prayas’. In the budget 2024 speech, FM Nirmala Sitharaman highlighted the Centre’s various programmes for women, youth, poor and farmers. They are the four major […]
In recent times, the ecommerce sector in India has witnessed exponential growth as several online portals have come up in the country that provide a wide range of products to consumes all across the country. Considering the rapid growth of ecommerce domain, the government of India has introduced a special guideline and provision for ecommerce […]
On December 11th, 2023, the Government of India announced Series III and IV of the Sovereign Gold Bond Scheme 2023-24. Under the Scheme, there will be a distinct series (Series III and IV) which will be shown on the Bond issued to the investor. The bonds will be issued on the following dates: S.No. […]
The Employees’ Provident Fund Organisation (EPFO) is a part of India’s Ministry of Labour and Employment. As per the circular announced by the EPFO on Tuesday, circular no: WSU/2024/1/UIDAI Matter/4090. In the circular, it is stated that the Aadhaar card is removed from the list of acceptable documents as a Date of Birth Proof. What […]
The Unique Identification Authority of India introduced the Aadhaar PVC Card. The reason behind this is to introduce a plastic-based card that is water-resistant, tear-proof, and more durable as the lifespan and usability. Now, you don’t need to carry the bulky letter, the PVC card is compact and can be easily kept in a wallet […]
After the launch of GST in India, the indirect taxes came under one tax. The businesses get the benefits of lower taxes. However, to obtain the benefits, businesses are required to obtain the GST registration. In this, they have to file the registration application to the GST authority. With the application, the required documents should […]
In 2017, the Government of India decided to replace Value Added Tax (VAT) with Goods and Service Tax (GST). This major move aimed to reduce the limitations of VAT and achieve some specific economic goals. The main reason behind the introduction of GST was to eliminate the cascading effect of taxes, simplify tax regime, increase […]
In any significant financial dealings even in today’s world of digital transactions, plastic currency and cashless transactions, the Cheque reigns supreme as it possesses all these qualities to a huge extent. It is a type of form that the bank issues to the individual on demand. The individual issues it to the concerned and the […]
Filing your Income Tax Return (ITR) is like having a conversation with the government about your earnings for the year. It’s your way of saying, “Here’s what I earned and contributed.” The financial year starts on April 1st and ends on March 31st the following year. For instance, the financial year 2023-24 began on April […]