Setting up a petrol pump in India involves a structured process, and obtaining a license is a crucial step in this venture. With the increasing demand for fuel across the country, the petrol pump business presents a lucrative opportunity. However, navigating the licensing procedures is vital for a smooth establishment. To initiate this process, individuals […]
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Individuals with their total income below the taxable limit can submit Form 15H and Form 15G to the bank and ask them to not deduct TDS on the amount of interest. These forms help claim receipts without any tax deduction. Form 15G and Form 15H are self-declaration forms provided by the Income Tax Department in
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GSTR-3B is the summary return that taxpayers must file regularly to show details of sales, ITC claims, tax liability, refunds, etc recorded on their GSTIN. The implementation of the GST regime has successfully eliminated the cascading taxation effect and has simplified the overall process. Since its introduction, several GST returns forms have been introduced catering
The GST (Goods and Services Tax) regime was introduced on July 1, 2017. It is one of the most significant and revolutionary indirect tax reforms in India post-independence. GST subsumed a number of indirect taxes levied by the Central and State Governments. Taxes such as Central Excise duty, Service Tax, VAT, Purchase Tax, Central Sales
What is SGST, CGST, IGST and UTGST? Read More »
Per square foot guidelines value for various kinds of lands and buildings is notified by the state government for all zones. Guideline value can be updated periodically by the state government, so state government takes average market values of last 6 months or 1 year and update the guideline value and they also take into
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Overview of the scheme Name of the scheme Chief Minister’s Small Industry Promotion Scheme. Starting date 17 December 2019. Benefit Loan ranging from Rs 25 lakh to Rs 10 crore for setting up an enterprise. Nodal Department Commissioner of Industries, Commerce & CSR. application system Online through Rajasthan SSO Portal. About Mukhyamantri Laghu Udyog Protsahan Yojana
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