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Online services offered by the Tamilnadu Pollution Control Board to industries / traders / battery dealers

Date: 17.08.2021 PRESS RELEASE Tamil Nadu Pollution Control Board has been providing following online services to the industries and the local bodies through its online application named Online Consent Management…

Industries and Commerce Department – Telangana State Logistics Guidelines 2021-2026

Dated : 06.08.2021 ORDER: Indian logistics sector is estimated at USD 215 billion in 2020 and is expected to grow steadily led by e-commerce penetration and government initiatives such as…

How push for factoring could benefit the MSME sector

In simple terms, factoring is acquiring bills receivables from MSMEs and releasing money, or giving short-term loans, against these bills to the MSMEs Topics MSMEs | NBFCs | TReDS On…

Why you should care about inventory accounting

R.Mohan Earning profits is a key objective of every business enterprise and properly accounting for costs can alter profitability. And one key cost is that of inventory. In a continuous…

Government invites applications to manufacture Medical Device under PLI scheme

The Department of Pharmaceuticals (DoP) has invited applications from eligible applicants to manufacture medical devices related to anaesthetics and catheters of cardio respiratory category and renal care under production linked…

Note on Statement of Donations and Certificate of Donations.

07 June 2021 A. BACKGROUND Till the introduction of Form 10BD under the Income-tax Rules, there was no mechanism to validate or counter-check the deductions for donations claimed by the…

THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ORDINANCE, 2021

Promulgated by the President in the Seventy-second Yearof the Republic of India. An Ordinance further to amend the Insolvency andBankruptcy Code, 2016. WHEREAS COVID-19 pandemic has impacted businesses, financial markets…

Note on Keyman Insurance Policy

RVKS and AssociatesChartered Accountants Who is a Keyman? • Employee of high financial or strategic importance.• With unique technical skills or expertise.• Employee/ Executive who is core to the operation…

Clarification & Changes in GST Refund

Clarifications issued on GST Refunds GST dated 12.03.2021 Refund for Deemed Exporters • Vide Circular No. 125/44/2019 –GST dated 18.11.2019, there was a restriction placed on deemed exporter to not…

An assessment of impact of changes on Labour Code on Wage Structure

IMPACT OF LABOUR CODES ON WAGE STRUCTURE INTRODUCTION Labour reforms when implemented would make Indian economy more productive and competitive.When implemented, the industries would need to file just one return…