Pankaj Tyagi

Online businesses are witnessing rapid growth in the ongoing scenarios. With more and more businesses are rolling onto the online ecosystem, brand protection has become a serious matter of concern among entrepreneurs. But thanks to trademark registration, which ensures 100% protection of the company’s intangible assets against the brand pirates. Impersonation of brands, logos, and […]

MSME is known as Micro, Small, and Medium Enterprises which are considered as the greatest asset to the economy because their contribution is remarkably huge, unlike other sectors. At present, the MSMS sector accounted for 45% of India’s Total Industrial Employment and 50% of the country’s total exports. MSMEs operating across the country produce more than 6000 […]

Importer Exporter Code (IEC) is obtained by an individual or a company who intends to jump into the business of global trading. The issuance right of the IEC code is under the Director-General of Foreign Trade (DGFT). IEC code is the doorway to international trade. If you are the owner of the small business entity and […]

The Indian government on 23rd August 2006 renders their approval to act to consolidate all the laws regarding food and to set up the Food Safety and Standards Authority of India (FSSAI). That will make the standard on how the food items should be prepared and what should it contain from the safety viewpoint. As […]

As per the data of the International Organization for Standardization (ISO), the manufacturer of spices in India produced about 75 varieties of spices for which they will certably in need of FSSAI license for spices. An Indian manufacturer exports almost all types of spices across the globe. The leading importers of Indian spices are the […]

Nidhi is the shortened form of the term National Initiative for Developing and Harnessing Innovations. Nidhi Company is often recognized as a type of NBFC or a financial institution that engaged with the activity of lending and depositing money to its members. In this blog we will explore each and every detail regarding Documents required for […]

In continuation of extending e-invoicing across the nation, the Government of India has decided to make it mandatory for MSMEs whose annual turnover is more than 100 cr. Taxpayers would get around 50 days to incorporate a new IT system for the implementation of e-invoicing. Previously, the firm earning more than Rs 500 crore comes […]

Micro, Small & Medium Enterprises (MSME) sector has been considered as the primary contributor to the Indian economy. The Micro, Small, and Medium Enterprises Development Act (MSMED Act) come into the existence in 2006. Previously, the SSI (Small Scale Industry) certification is used to be granted by the relevant District Industries Centres (DICs). In this […]

Import-export License empowers the business owner to conduct the activities of international trading. In the absence of IEC license, the business owners cannot avail of the benefits of export schemes and nor they can obtain payment from the overseas location. Moreover, without IEC the cross-border transaction of goods is prohibited as customs and other authorities […]

MSMEs stand for Micro, Small, and Medium Enterprises. In India, MSME is governed by the Ministry of Micro, Small and Medium Enterprises. MSME registered entities can avail of benefits from Government-driven schemes to ensure seamless growth. The MSMEs play a vital role in strengthening the Indian economy, as they are the major contributor both in […]

Import Export Code (IEC) is a ten-digit identification number which is granted by the Director-General of Foreign Trade. Every organization and business owner must get this code to conduct a business of import and export in the country. Without IEC registration, companies would come across legal constraints while trading their product outside the nation.  Conducting […]

MSME is a shortened form of the term Micro, Small, and Medium Enterprises.  MSMEs propel the growth of the country and considered as the backbone of the Indian economy. Through the implementation of the MSMED Act[1], the government has introduced plenty of lucrative schemes as well as incentives for the upliftment of the MSME across […]

The Goods and Service Tax Network (GSTN) has unveiled exhaustive guidelines on 05/11/2020 for the taxpayers regarding prominent GST errors on GSTN portal. The guide also enclosed the solution for the probable errors that taxpayers encounter now and then. These problems are generally associated with refunds, registration, appeals, DRC-03, appeal, and payment. GSTN is a […]

GSTR 1 refers to a document that encloses the information regarding the sales made by the seller to the buyer. GSTR-1 is the primary document on which the compliance framework of GST is based. In the article, you will learn everything regarding GSTR-1 and its aspects from the taxpayer’s viewpoint. What is the Due date […]