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Showing posts from January, 2023

When was Income tax e Filing Introduced?

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A Basic Introduction to The Concept of Income Tax e-Filing in India Every day, as science and technology advance, various improvements are introduced in the field of ITR e-filing. Online Income Tax e-filing is simple, and it provides for speedier reimbursements. Individual ITR e-filing can be completed online. You may also contact some of India's reputable firms, which will brief you on the draught and the whole filing and tax benefit processes. Online Income Tax e-filing In India, the online income tax e-filing method was implemented in September 2004 for all qualifying categories of taxpayers. Following that, beginning in 2006, the government made it essential for all corporate enterprises to file their income taxes online. Furthermore, starting in 2013, all persons earning more than ten lakh rupees must file their income tax returns online. Another crucial item to note here is that, according to Indian government tax laws, everyone with an annual income of more than five lakhs i...

Can You Suggest Trademark Tegistration Near Me

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  What is Trademark registration? Trademark registration is a process that requires several steps to be completed, as well as a timely follow-up from the government. In this blog, we will discuss the process of registering a trademark.   Details about the Trademark registration procedure The following is a step-by-step guide to a trademark registration near me: Step 1: Do a Trademark Search Many business owners underestimate the importance of a trademark search. Having a memorable brand name or logo in mind is not a sufficient reason to avoid a TM search. Trademark search allows you to become acquainted with similar trademarks and provides a clear picture of where your mark stands. It also serves as a warning about potential trade litigation. Step 2: Submission of Trademark Application The first step is to submit the trademark application to the Trademark Registry India. Today, you can do most of the registration online with the help of legal professionals.  Step 3: Appli...

GST Registration For Service Providers

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  Turnover Limit Concerning Service Providers All service providers, like other business categories, are required to register for GST if their annual sales exceed Rs. 20 lahks in most states and Rs. 10 lahks in places that fall under the Special Category. GST Registration Regarding Inter-State Sales Service Provider Any type of firm that transacts in the movement of products from one state to another must get a GST registration, regardless of the revenue threshold. As stated at the 23rd GST Council Meeting, the service providers are exempt from this restriction. Service providers doing interstate commerce and having a 20 lakh turnover no longer need to apply for GST registration. Additionally, the organisations providing services within the framework of e-commerce are exempt from that tax responsibility. When it comes to GST Registration for Service Providers, this is among the most crucial factors. Services Providers Under GST Registration GST Registration is mandatory for the fo...

Need of FSSAI License for Food Tech Startups

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The Food Safety & Standard Authority of India is an autonomous authority that protects the public health by issuing Licenses to businesses/brands/products that meet FSSAI's minimal standards. It was founded on September 5, 2008, with headquarters in New Delhi. In addition, it has regional offices in Delhi, Mumbai, Kolkata, Chennai, Guwahati, and Cochin, as well as headquarters in New Delhi. FSSAI's administrative ministry is the Ministry of Health and Family Welfare, Government of India. The FSSAI License is a 14-digit number that is printed on the food packaging. The following are the primary goals of the FSSAI: To establish food quality standards based on scientific evidence. To govern food production, storage, distribution, sale, and import. In order to improve food safety. Types of FSSAI Licenses The three different types of FSSAI Licenses are- Basic FSSAI License It is for sales of less than Rs. 12 lakh. The following documents are necessary for this: A passport-sized...

How to Transfer an FSSAI License in India?

A food licence is an extremely important component of the food industry since it provides confirmation that the products you are providing to your customers are of the highest calibre. The law makes a licence a requirement. It is necessary to pass legislation on safety and cleanliness in order to supply hygienic meals to the public. Before opening a food business in India, a food business must complete the registration process for a food licence. You must provide information about your company's type, product category or formulation, manufacturing capacity, and other factors when you register. FBOs (food business operators) are required to notify India's food safety and standards administration of any modifications within a certain period of time (FSSAI). Food preparation, serving at various points before it reaches customers, such as raw materials, packing, packaging, production, delivery to canteens, and businesses with the legal right to market them, all require FSSAI food r...