Tax Need to be Collected on Sale of Goods
Dear Businessman, With effect from 1st October 2020 onward, now you have to Collect Tax from the buyer if he/she has purchased of Goods of value of more than Rs. 50.00 lacs from you. In other words, if you have made Sales of Goods to any person of […]
Credit Linked Capital Subsidy Scheme for MSME
MINISTRY OF MICRO, SMALL & MEDIUM ENTERPRISES GOVT. OF INDIA CREDIT LINKED CAPITAL SUBSIDY SCHEME – TECHNOLOGY UPGRADATION Dear Businessman, Good News for MSME Unit for availing subsidy up to Rs. 15.00 Lacs Govt has invited the application for subsidy under the scheme of “Credit Linked Capital Subsidy Scheme” from […]
MSME Revival Interest Benefit Scheme
Dear Businessman, Hurry up !!! There is a good news for all MSME Units. Haryana Govt has launched “MSME Revival Interest Benefit Scheme” in which Unit can take the benefit of 100% interest on Loan Availed during lockdown period on or before 30th June 2020. The Interest benefit shall be […]
THE DIRECT TAX VIVAD SE VISHWAS BILL, 2020
Under ‘Vivad Se Vishwas Scheme’, taxpayer to pay only amount of disputed tax, will get complete waiver on interest and penalty, if scheme is availed by March 31, 2020………Click Here
Budget Update:-2020
1. The list of Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, is given below: A. Annual Financial Statement (AFS) B. Demands for Grants (DG) C. Finance Bill D. Statements mandated under FRBM Act: i. Macro-Economic Framework Statement ii. Medium-Term Fiscal Policy cum Fiscal Policy Strategy […]
Economic Survey 2019-2020
Economic Survey : Being as your knowledge partner, KIP is sharing with you’re the Economic Survey 2019-20. As per this Survey, 124000 new firms has registered in 2018 that reflect a growth rate of 12.2 per cent in entrepreneurial Activity which played a important role in overall economic growth. IT […]