Gumasta License: Your Ticket to Operating a Legal Business
Introduction The Gumasta License is a registration for conducting business in Maharashtra that is managed by the Municipal Corporation of Mumbai. The Maharashtra Shops and Establishment Act gives you permission to do so at a certain site. All registrations required by this law must be made through the Labour Department. No matter if a business […]
Benefits and Advantages of GST in India
By imposing the Goods and Services Tax (GST) on July 1, India embarked on a historic direction of tax reform. A complex machine of nearby, country, and federal taxes was changed with a single oblique tax shape that applies to both goods and offerings because of this enormous reform. India created four essential tax brackets […]
TDS under GST: A Complete Guide
TDS under GST stands for Tax Deducted at Source, which is a mechanism under the Goods and Services Tax (GST) system in India. It requires the recipient of goods or services to deduct a certain percentage of tax at the time of making payment to the supplier. This deducted tax is then deposited with the […]
Currency Conversion: 100 Indian rupee in Pakistan
Exchanging 100 Indian rupee in Pakistan yields 331.69 Pakistani rupees, showcasing the currency’s exchange rate dynamics. Indian Rupee Indian Rupee(₹) is the official currency of the Republic of India. The Reserve Bank of India(RBI) is the Central Bank of India which is responsible for controlling, maintaining, and circulating Indian rupees. Rupees which include coins of ₹1, […]
The Demonetization of 2000 Rupee Notes (2000 note ban)
The ₹2000 banknote of Mahatma Gandhi’s new series was introduced in November 2016; it is the highest form of physical legal tender in India. It was announced the same day the government of India announced the demonetization of ₹1000 and ₹500 banknotes. The decision of demonetization was announced by P.M Narendra Modi on 8th November […]
