Through the time of Goods and Services Tax (GST), there is huge significant changes have been seen in the way of businesses and individuals pay taxes. One essential concept that every taxpayer should grasp is the “Point of Taxation.” This pivotal aspect determines the moment when the liability to pay GST arises, shaping the calculation…
If you’ve ever wondered how hotels ensure the safety and quality of the food they serve, the answer lies in the Food Safety and Standards Authority of India (FSSAI) license. The FSSAI license is a certification that hotels obtain to comply with the food safety standards set by the Indian government. In this blog, we’ll…
The Goods and Services Tax (GST) has brought about significant changes in the taxation system of India, streamlining the indirect tax regime. However, along with the benefits, it also imposes certain obligations and penalties to ensure compliance. One such penalty is the confiscation of goods. Confiscation entails the seizure and forfeiture of goods, resulting in…
Welcome to this fascinating exploration of the world of growth and quality of Foreign Direct Investment (FDI). This journey addresses the question, “Is all FDI equal?” FDI has become an integral part of today’s global economy, and countries are eager to attract foreign investment. However, not all FDI is created equal. Some provide significant benefits…
Do you know about ITC Provisions for Fresh Registrations ?In the dynamic landscape of taxation, the implementation of the Goods and Services Tax (GST) has revolutionized the way businesses operate in India. In the GST system, one of the essential features is the Input Tax Credit (ITC), which holds significant importance for businesses. With ITC,…
Hey there! Are you a health drink manufacturer or someone interested in the health and wellness industry? Well, you’ve come to the right place! In today’s blog, we’re going to delve into the importance of obtaining an (Food Safety and Standards Authority of India) FSSAI License Guidelines for Health Drinks. So, grab your favourite health…
In recent years, India has witnessed a remarkable transformation in the way individuals make payments and manage their finances. The digital wallet has revolutionized the financial landscape, giving a convenient and secure solution for conducting transactions in an increasingly cashless society. With the flow of smartphones used in India, government initiates and changing consumer preferences,…
Consumers are increasingly choosing healthier and more sustainable food options, which have resulted in a considerable increase in the demand for organic food in recent years. The Food Safety and Standards Authority of India (FSSAI) has established detailed regulations to control the manufacturing, certification, and labelling of organic food items. The steps needed to guarantee…
The time limit for issuing invoices under Goods and Services Tax (GST) is a crucial aspect of businesses. Understanding these time limits is essential for businesses to maintain compliance and build a seamless GST workflow. From the supply of goods to the provision of services, each transaction type carries its own set of rules when…
implementation of the Goods and Services Tax (GST) system has brought about significant changes in the way businesses handle their tax obligations. Among these changes, proper bookkeeping has emerged as a fundamental requirement for all entities registered under GST. Accurate and organized bookkeeping practices play a crucial role in ensuring compliance with tax regulations and…