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GSTR 3B is a Return that must be completed by a Regular GST Taxpayer. It includes a summary of the outward supplies made as well as the details of the Input Tax Credit. Normally, the due date for filling out GSTR 3B is the 20th of the following month, but…

The Ministry of Corporate Affairs (MCA) is the government's portal that contains the list and details about the Indian incorporated companies. The portal maintains detail of all types of companies including Limited Liability Partnerships (LLPs). On the portal, you can check a company’s registration number, date of incorporation, directors, type…

The goal of the Indian government is to increase the production and quality of exports from India under the "Make in India" policy. The Indian government also provides many incentives to the exporters. Export incentives are certain benefits that exporters receive from the government such as import duty and compensation…

The department for promotion of industry and internal trade was established in the year 1995 with an objective to promote and develop industrial activities. In 2018, DPIIT was assigned to deal with the matter relating to e-commerce, internal trade, welfare of the traders and their employees and start ups. Notwithstanding…

Introduction Where a company is formed and enrolled for a future task or to hold a resource or intellectual property and has no critical financial transaction, such company or an inactive company might make an application to the Registrar for acquiring a status of the Dormant Company. In this blog,…

There is a saying that 'Health is Wealth,' which means that when a person maintains good health, everything else falls into place. Understanding the importance of health and the services provided by the health service sector, the Central Government exempted health care services from the levy of GST, making health…

Design is an art which gives a visible form to the ideas of the mind or invention.  Thus, an Industrial design rights are defined as the part of the intellectual property rights which confers the rights of exclusivity to the visual designs of the objects. It guards the appearance, style,…

Copyright is a form of intellectual property that gives an exclusive right to the creator of literary, dramatic, musical work, computer program, artistic work, cinematography and sound recording for a certain time period. The creators of these works get copyright immediately after expressly making an expression and requires formal registration.…

The board of directors is the supreme authority in charge of a company's management and control. They have a fiduciary duty to the company and its shareholders, which means they are responsible for conducting the company's affairs in a way that ensures success and profitability while also enhancing the company's…

Introduction The repayment of money spent by a person is referred to as reimbursement of expenses. This frequently occurs in business transactions when a supplier incurs expenses on behalf of the recipient who is meant to incur the expenses. In most cases, tax is only applied to the profit margin,…