Finance

Maryland runs after paycheck creditors’ bankers to cease prohibited finance

Maryland runs after paycheck creditors’ bankers to cease prohibited finance Maryland’s economic regulator is intending to quit illegal online pay day loans by seeking banking institutions that assist result in the lending products possible. “without any payday lender’s financial, the paycheck bank are not able to work in your county,” said Mark Kaufman, administrator making …

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Warren snack bar correctly stated, should you decide dont determine a way to profit as you sleep, you’ll perform till the week we pass away.

Warren snack bar correctly stated, should you decide dont determine a way to profit as you sleep, you’ll perform till the week we pass away. This belief of investing, a rehearse preached by many folks, features often exhibited good results. But while Warren encountered the aspirational mission to go after financial as a job, we …

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GST Latest Notifications: GSTR-1 and 3B can be filed through EVC

gst, covid relief

In the GST latest Notifications, the government has allowed businesses to verify through electronic verification code monthly GST returns filed till May 31. In a GST latest notifications, the Central Board of Indirect Taxes and Customs (CBIC) said any registered person during the period from April 21, 2021, to May 31, 2021, will be allowed …

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GST compliance Burden on MSMEs by Digitisation

gst, gst compliance on MSME, MSME

Small and medium-sized businesses make significant contributions to the GDP and employment generation in the country. Therefore, it is important that their health and growth are nurtured equally. However, MSMEs have been experiencing an increasing burden of compliance under GST. In a country like India, most small businesses are unable to quote a price on …

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Delhi High Court warns, will ‘hang’ for obstructing oxygen supplies

COVID 19

With many hospitals in the national capital expressing urgent need amid dire shortage of oxygen for serious COVID patients, the Delhi High Court warns on Saturday, that it will not hesitate to “hang” anyone who is found obstructing oxygen supplies. “We will not spare anyone,” a bench of Justice Vipin Sanghi and Justice Rekha Palli …

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Custom on Remdesivir India Waived!

container, faucet, port

The government has waived Custom on Remdesivir, Beta Cyclodextrin (SBEBCD) used in the manufacture of Remdesivir as well as Remdesivir injections. The Centre on Tuesday has waived Custom on Remdesivir Remdesivir, its raw materials, and other components used to make the antiviral drug until 31 October amid a surge in COVID-19 cases in the country. …

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GST on Milk | GST on Flavoured Milk

Gujarat AAR GST, GST, GST AAR

Flavored milk has found different flavors with different Authorities for Advance Rulings (AAR). While Gujarat AAR followed its counterparts in Tamil Nadu and Andhra Pradesh to hold GST at the rate of 12 percent, the Karnataka AAR went for 5 percent. The latest rulings from Gujarat are related to two famous milk product brands, Amul …

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Haryana ranks 4th in GST fraud

fraud prevention, scam, corruption

Recently, Gurugram Zonal Unit of Directorate General of GST Intelligence arrested one Ravinder Kumar in connection with input tax credit (ITC) fraud worth Rs 43 crore. This is not a lone example, but Haryana has the fourth-highest cases in GST Fraud from July 2017 to December 2020. As many as 3,852 fraud cases were unearthed across the …

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GST paid during Search & Seizure, not accepted as GST liability to be refunded

The Madras High Court in its recent ruling in the case of Shri Nandhi Dhall Mills India Pvt. Ltd. v. Senior Intelligence Officer, DGGST & Ors.has directed the Revenue Department to refund the amount of Rs 2 crore collected from the assessee during the investigation on GST paid during Search & Seizure. It was held that, merely because the …

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Can Credit Cards improve your Financial health? | 5 Ways

Credit Card, money

When used in a disciplined manner, credit cards can be an excellent tool for managing finances, saving money, and building a strong credit score. Ca credit cards improve your financial health? Credit cards are often believed to be the root cause of all financial woes and can also lead to a debt trap, if used …

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