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Archive: 04 July 2020

Posts in 04 July 2020

Force Majeure and Contractual Obligations during COVID – 19

July 4, 2020 3852 Views 0 comment Print

INTRODUCTION  The COVID-19 pandemic has shaken the workforce, business operations and lives to the core in an unprecedented manner, which will be remembered as a catastrophic moment causing adverse effects not only to human lives but also the business, commerce and the economies at the global level. With the unexpected and sudden change in working […]

Brief of MSME classification criteria applicable from 1st July 2020

July 4, 2020 1785 Views 0 comment Print

Ministry of Micro, Small and Medium Enterprises vide notification dated 26th June, 2020 notifies certain criteria for classifying the enterprises as micro, small and medium enterprises and specifies the form and procedure for filing the memorandum i.e. Udyam Registration with effect from the 1st day of July, 2020. Article explains about Classification of MSME enterprise, […]

Udyam Registration W.E.F. 1st July 2020

July 4, 2020 3684 Views 0 comment Print

Summary of Notification issued stating revised guidelines on Udyam Registration and classification of MSME (W.E.F. 1st July 2020) The ministry of micro, small and medium enterprises (MSME) had on June 1, 2020 notified new criteria for classification of MSMEs based on investment and turnover, to be effective from July 1, 2020. Based on the same, […]

CA Vs. ACCA – Finding The Course For You

July 4, 2020 5664 Views 0 comment Print

What is ACCA course all about? Association of Chartered Certified Accountants or in short ACCA, is a leading professional organization for individuals who are qualified as accountants. It’s a qualification which is widely recognized globally in several locations as a renowned knowledge oriented course. The market of fresh graduates is very volatile. The need and […]

Coping Up With Inevitable Challanges During Covid-19 Pandemic

July 4, 2020 468 Views 0 comment Print

The spread of corona-virus has disrupted lives of many people across the globe on their mental and physical health.  We all are going through rough patch. Everyone is suffering some kind of mental agony be it’s a child, young generation or elder people . As we remain confined within our houses, we tend to get […]

Artificial Intelligence vis-à-vis Patents: Understanding the Dynamics

July 4, 2020 795 Views 0 comment Print

Artificial Intelligence is understood as a multi-disciplinary branch of science that aims to construct and create a smart machine which competes and functions at par with a human intellect. It engages into human like fashion and demonstrate abilities like that of a human being.

GST- Am I still dating …or committing…

July 4, 2020 1278 Views 0 comment Print

Today we are on 3rd date with GST, however, we are still struggling to convert it into committed relationship though we all intent to do so. On 1st July 2017, we all welcomed overwhelmingly new taxation regime with the hope of entering into new era mainly on following premise: 1. Simplified and hassle-free compliance: Law […]

Boycotting China and Chinese Goods

July 4, 2020 1053 Views 0 comment Print

BOYCOTT CHINESE GOODS “BAN TRADE WITH CHINA AND TEACH CHINA A LESSON” is the outrageous call all over the country. They killed 20 of our brave Jawans in a violent and dastard attack over  Eastern Ladakh’s Galwan Vally in the Himalayas. It was indeed a cowardice act by the Chinese Troops. But is it a […]

FAQ on MSME Ministry’s Notification Dt. 26th June,2020

July 4, 2020 7701 Views 0 comment Print

Q 1. What is all about MSME Ministry’s notification dated 26th June,2020? Ans. The Notification notifies certain New criteria for classifying the Enterprises as Micro, Small and Medium Enterprises.  The notification insists registration of all existing and new Micro, Small & Medium Enterprises in the UDAYAM registration portal (website: udayamregistration.gov.in). This Notification comes into effect […]

Nil return filing of GSTR-1 & GSTR-3B return through SMS

July 4, 2020 14436 Views 0 comment Print

CBIC made facilitation for taxpayer for their ease of filing the GST returns in case of nil tax liability for any tax period. The taxpayer can file the GSTR-1 for outward supplies and GSTR-3B summary return through an SMS (Short Messaging Service) with the help of mobile number registered on the GST portal. CBIC vide […]

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