“Mohan: Varun, have you ordered the Machinery from Germany for our new textile industry. Varun: Yes, I just checked the status of our order in ICEGATE services, it just reached the port” Mohan and Varun are planning to import machinery from a foreign country, the ICEGATE portal helps them in a hassle-free and paperless process. ICEGATE stands for Indian Customs Electronic commerce Gateway or e-commerce portal of Central Board of Excise & Customs. ICEGATE is an e-filing service portal for the traders and cargo carriers. It includes custom department andSEE DETAILS

What is ESI? What is the meaning of ESIC? The Employees State Insurance Scheme is social insurance embodied to protect employees from the incidences like maternity, sickness, disablement, and death due to employment injury which results in loss of wages and to provide medical care to insured and their family. The Act also ensures reasonably good medical care to workers and their dependents. Employees’ State Insurance Corporation (ESIC), incorporated under the ESI Act. It is an autonomous corporation regulated under the supervision of the Ministry of Labour and Employment, GovernmentSEE DETAILS

Non-resident Indians (NRI) comprises of non-residents under FEMA and non-Indian citizens of Indian Origin (PIO). Thus NRIs can have three types of bank accounts: Non-resident Ordinary (NRO)Non-resident External (NRE)Foreign Currency Non-Resident (FCNR) Opening an NRO account An NRI can open an NRO (Non-Resident Ordinary) bank account at any point of time or can also change his existing bank account into an NRO account. A citizen of any other country can open an NRO account during his stay in India. But citizens of Pakistan and Bangladesh require prior permission of RBISEE DETAILS

भारत में वस्तु एवं सेवा कर (GST)  का ढांचा क्या हैं ?What is the structure or framework of GST in India?एस जी एस टी क्या हैं ?What is SGST?सी जी एस टी क्या हैं ? What is CGST?यूटी जी एस टी क्या है? What is UTGST?आई जी एस टी क्या है? What is IGST?सी जी एस टी, एस जी एस टी और आई जी एस टी में क्या भिन्नता हैं ? What is the difference between CGST, SGCT, and IGST?वस्तु एवं सेवा कर के तहत “माल या वस्तु ( GoodsSEE DETAILS ...

GST has been implemented by subsuming different taxes with one of the objectives of avoiding the cascading effect of taxes. I.e., the effect of the tax on tax. To overcome this effect, GST consists of a concept called an Input Tax Credit. Input Tax Credit means reducing the tax liability on outputs by the amount of taxes paid on inputs. It is a procedure to avoid charging of tax on the tax already paid on inputs. Say, a business purchased the raw material for manufacturing its final product for RsSEE DETAILS