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The lawmakers of goods and services tax have subsumed OIDAR services under GST law. The expanded form of OIDAR is Online Information and Database Access or Retrieval. OIDAR services are those services provided via the internet as a medium. The two eligibility criteria for OIDAR to get qualified as a service are- Performing of delivery […]
The impact of GST on the real estate sector has been a remarkable one. Goods and Service Tax came into the picture on 1st July 2017. It has turned out to be a difference-maker across various sectors of the Indian economy. The real estate sector in India is prospering at a breakneck speed. Over the […]
The demand for food catering business in India is towering high. Those who are driven by the desire to initiate a catering business in India should not worry about the investment at the initial stage due to the low investment of capital at the initial level. Utilizing your cooking skills and investing them in starting […]
Impact of GST on the hospitality industry is showing positive signs since this sector would lure a multitude of tourists and customers due to decrease in end-user costs. Reports suggest that the Indian hotel industry would cross the value of INR 1200 Billion before the year 2023 will come to an end. Hotel Market is […]
Under COVID-19 shadow, Finance Minister Nirmala Sitharaman announced various tax related measures by the government to extend relief to taxpayers and companies to stand tall against hardships amid COVID-19 lockdown. Under Aatma Nirbhar Bharat Abhiyaan, Prime Minister Narendra Modi has announced a 20 lakh crore package in order to rejuvenate the economy. Finance Minister Sitharaman […]
Keeping the objective of promoting food fortification in India in mind, FSSAI has established the Food Fortification Resource Centre. In October 2016, the FSSAI implemented the Food Safety and Standards Regulations, which carries the guidelines related to food fortification in India for staples such as rice, milk, salt, and wheat flour. Besides this, India’s food […]
Directors remuneration is payable for the services that the director offers. The supreme power of a company or a corporate firm is the director. Services related to a corporate body or companies are the part of services that the director offers. In the recent case of M/S CLAY CRAFT INDIA PVT LTD the Rajasthan Authority […]
All food business operators must follow the food hygiene guidelines and safety norms to extend protection to customers. If food business owners neglect the safety of customers by avoiding the standards related to food hygiene guidelines, then the possibilities of a flare-up of foodborne disease are high. World Health Organization acknowledges that food hygiene and […]
In the last decade, the food processing industry in India has beheld a rise of around 11%. The rapid growth of food products processing industry gets ascertained on the basis of its 14% contribution in the manufacturing GDP of the nation along with 6% of exports. India has accomplished second place in the list of […]
The petty food business in India is springing up, and by looking at its ever-increasing demand, we won’t mind saying that the growth of industry would never see its lows in the forthcoming years. Those who are into petty food businesses must follow the safety standards for food prescribed by the government authorities for selling […]
In order to provide clarification on GST refund issues, the Central Board of Indirect Taxes and Customs went on issuing a CGST Circular No. 135 on the 31st of March, 2020. Before that, there were a lot of perplexities in regard to claiming refunds under GST. By issuing a circular, the CBIC has made efforts […]
By looking at the modern lifestyle, we get a clear idea that people have accepted packaged food in today’s society. There is a misconception that packaged food is free from all kinds of germs, but the Food Safety Standard Authority of India (FSSAI), has brought a revelation that is hard-to-digest for this generation. The country’s […]
An online food ordering system serves the best opportunities for your restaurant business on the plate. Our addiction to digital life is bringing the ray of hope for online ordering restaurants. Isn’t it great to have something via online food ordering platform that satisfies your taste buds with a few clicks? After starting a restaurant, […]
Nowadays, restaurants opt to tie up with Swiggy and Zomato as the concept of online food delivery is climbing mountains with each passing day. As people are fancying over the ‘order in’ trend, restaurants are happy to be in friendly terms with Swiggy and Zomato. The food industry is soaring high, with the conception of […]