Major economic and financial markets, and virtually all the industries and governments are affected by the COVID-19 pandemic. Most of the industries are facing challenges allied with the fiscal conditions ensuing from efforts to address it. Many entities in the travel, hospitality, leisure, and retail industries have experienced sharp declines in revenues due to regulatory… Continue reading Accounting and Financial Reporting Contemplations in COVID 19 scenario
A Perfect Blend of Accounting with Technology – Accounting Software
The software is used by professionals engaged in the process of accounting. The introduction and use of the software application have made significant revolutions in the accounting world. It has made the process of financial transactions efficient and fast. All tasks like accounts receivable and payable, cash flow analysis, general ledger, trial balance, balance sheets,… Continue reading A Perfect Blend of Accounting with Technology – Accounting Software
Tax-Related Measures and Reliefs in the Economic Package
Giving a major relief to the taxpayers of the country due to the very bad impact of Covid-19 outbreak, the government decided to give relief to the taxpayers. Smt. Nirmala Sitharaman said that 18,000 crores of Income Tax Refund were issued amidst the COVID-19 crisis. The government also announced Rs 50,000 crores liquidity through Tax… Continue reading Tax-Related Measures and Reliefs in the Economic Package
How to Register a Brand Name or a Trademark
Trademark registration process is as follows Selecting a trademark agent If you’re a business owner operating your business from India, then you’re allowed to file a trademark application. If you’re operating your business from any other place then the application should be filed by a right holder through an agent or attorney. Searching, preparing, filing… Continue reading How to Register a Brand Name or a Trademark
How to get Shop and Establishment Registration
If you are an owner of a shop or establishment in India, it is mandatory to apply for a Shop and Establishment licence. The owner of the shop or establishment needs to file an application to the respected state. The process of Shop and establishment registration differs from state to state. The application must contain… Continue reading How to get Shop and Establishment Registration
Difference Between Trade License and Shops and Establishment License
Trade License – This is a license that is issued by the Municipal Corporation which gives permission to carry out a particular trade in a particular address. Shop Establishment License – Shops & establishment registration is mandatory for all business entities. It not only includes shops and commercial establishments but also, work from home jobs.… Continue reading Difference Between Trade License and Shops and Establishment License
Tax-related measures and reliefs in the Economic package
Giving a major relief to the taxpayers of the country due to the very bad impact of Covid-19 outbreak, the government decided to give relief to the taxpayers. Smt. Nirmala Sitharaman said that 18,000 crores of Income Tax Refund were issued amidst the COVID-19 crisis. The government also announced Rs 50,000 crores liquidity through Tax… Continue reading Tax-related measures and reliefs in the Economic package
Reasons why a Trademark or a Logo Registration Important for your Business
A trademark has the ability to convey attributes of emotions and intelligence and convey positive messages about the brand to the general public. It also conveys a positive image for your company’s brand. Protects your brand Your trademark does not have to be a word always; it can also be a single logo which will… Continue reading Reasons why a Trademark or a Logo Registration Important for your Business
Key points on the relief measures announced by FM in the economic package
Finance Minister, Smt. Nirmala Sitharaman on 13th of May 2020, Wednesday at 4:00 PM via a press conference announced an Economic Package of Rs. 20 Lakh Crores. The Economic Package has been announced to fight the COVID-19 crisis. The Hon’ble PM, while addressing the nation on the 12th of May made an announcement regarding the… Continue reading Key points on the relief measures announced by FM in the economic package
Important Things You Need To Know About Shops and Establishment Act
One of the main reasons why the Shop and Establishment Act was introduced was to provide perks for the employees who work under various establishments, commercial places, charitable trusts etc. Few records that need to be maintained under the Act include All businesses that fall under this Act have to maintain a certain set of… Continue reading Important Things You Need To Know About Shops and Establishment Act