With the announcement of the Hon’ble Prime Minister banning Indian Currency of Rs. 500 & Rs. 1000, the Voluntary Disclosure of Income Scheme, gold monetization scheme, opening of bank accounts, etc. everything seems to have fallen in place. This proves that it is not just an impromptu decision taken by the government, It was a move planned […]

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On the eve of 08th November, 2016 when half of the nation was busy watching saas-bahu stereotypes, and the other half in witnessing the fate of United States of America, our Hon’ble Prime Minister along with Reserve Bank of India had all their moves ready to make a landmark and everlasting impact in the history […]

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GST Council has taken a step ahead towards making GST a reality. They have lifted veil from the most awaited part of GST i.e. the tax rates. They have introduced the following rates: 0% – Food grains of high public consumption and which contributes to almost 50% of the inflation index; 5%-12%-18% – other Goods […]

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From its inception, information technology (IT) has been changing the way business is done. IT is changing the basis of business from labor and manual skills to knowledge management. The workplace has changed significantly over the last half-century due to information technologies, mainly due to automation of existing processes. Technology has become an inseparable part […]

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Compliance Description Events Periodicity Applicability/ Compliance Activity Exemption Penal Provision The Legal Metrology Act, 2009 & Legal Metrology (Packaged Commodities) Rules, 2011, Legal Metrology (General) Rules, 2011, Legal Metrology (Numeration) Rules, 2011     To establish and enforce Standards of Weights and Measures, regulate trade and commerce in weights, measures and other goods which are […]

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STARTUP INDIA A NEW WAVE TO BUSINESS: Startup India is a flagship initiative of the Government of India, envisioned to build a strong ecosystem for nurturing innovation and Startups in the Country. Ministry of Commerce & Industry (Department of Industry Policy and Promotion) vide Notification no. G.S.R. 180(E) dated 17th February, 2016 have issued detailed outline for Startup […]

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