What is GST Registration? GST Registration is the process by which a business becomes recognized under the Goods and Services Tax (GST) law in India. Once registered, the business receives a unique GSTIN (Goods and Services Tax Identification Number), which allows them to collect GST from customers, claim input tax credits, and file GST returns.… Read More »
Today’s Silver Price Investing in silver in India can be an attractive option for individuals looking to diversify their investment portfolio. Silver, often considered a precious metal alongside gold, offers various investment avenues. 1. Forms of Silver Investment: a). Physical Silver: Investors can purchase physical silver in the form of coins, bars, or jewelry. These… Read More »
Equity Linked Savings Scheme (ELSS) ELSS is a type of mutual fund scheme which invests primarily in equities, providing potential for higher returns over the long term. Equity Linked Savings Scheme offers tax benefits under Section 80C of the Income Tax Act, 1961 in India. Features of ELSS: Tax Benefits: ELSS investments qualify for tax… Read More »
Jan Aushadhi Kendra The Jan Aushadhi Kendra (JAK) program, spearheaded by the government of India, strives to ensure access to high-quality generic medications at economical rates for every individual, with a special focus on catering to the needs of the financially disadvantaged segments of society. Jan Aushadhi Kendra (JAK): Objective: The primary objective of… Read More »
Income Types The specific income types that need to be report may vary based on the country’s tax laws, but generally, the following categories of income should be included: 1. Sales Revenue: This is the primary source of income for a showroom business, and it includes the revenue generated from selling goods to customers.… Read More »
