GST officer is not right in taking a stand that they do not have powers to rectify effective date of cancellation of taxpayer’s GST registration: High Court The GST officer is erroneous in asserting that they do not have the powers/authority to change the effective date of the cancellation of a taxpayer’s registration: High Court …
What is process of BE transmission status to GSTN at ICEGATE ? At ICEGATE, a new feature for verifying BE transmission status to GSTN has been enabled. BE transmission status to GSTN at ICEGATE : Due to a mismatch in GSTR-2B, taxpayers who have IGST credit on their bills of entry are having a lot of …
What is a better option for a small business owner – A business loan or A personal loan. What is business loan ? A business loan is given to business owners for all the expenses of the organization. Various banks, financial institutions, and non-bank financial companies (NBFCs) provide it. Small business loans can be secured …
Professional loans for Chartered Accountants, Doctors & Architects Operations of business can be established, grow and enlarge with IFCCL for professional loans. It is a kind of loan available for working professionals so that they can grow or even start their business. No collateral is required to buy machinery or update equipment, as it is …
Loan against Rent Receivable – All you need to know A synopsis of Loan against rent receivable Meaning of loan against rent receivable. A loan against rent receivable is offered by every public and private bank to manage future rent on an owned property as collateral. It is like a personal loan. This loan can …
How to get a startup Loan for business without any Kind of collateral ? Lack of funds is one of the reason number of good business blows. However there exists sources in India that grant loans. In general, a 3 year of business vintage period is required for loan from financial institution. For ease of …
Role of Supply Chain Finance for MSME MSME are very important for growth and development of Indian Economy. More than eighty percent of MSME in India takes place over bank credit and taking funding from informal or private sources at extra cost. Various limits of challenges by banks from expanding funding to small businesses. High risk of …
The Ministry of Corporate Affairs reform: NEW Definition of small companies The Ministry of Corporate Affairs reform is aimed at expanding the scope of small companies under the Companies Act, 2013. This change is expected to provide substantial compliance relief to thousands of growing businesses in India. What has changed in a small company definition? The MCA …
To comply with the different compliances, here is the GST compliance calendar for Financial Year 2022-23. Just keep track of everything and you’ll never miss a deadline. Always maintain your composure.
Compliance by NBFC under RBI Regulation Different intimations & Returns One of the main factor in improving economic growth is arobust financial systems. NBFC has proven to be an important asset of Indian economy. In transportation and infrastructure sector as well NBFC has been a major contributor, it has also generated multiple employment opportunities & …