How To Start A Spice Export Business In India?
How To Start A Spice Export Business In India? Spices are a vital part of Indian cuisine and have historically been produced and exported mostly from India. Read on for guidelines on the process of starting a profitable spice export business in India. How many Spice export businesses are there in India? If you want to establish a spice business
Common Myths About Income Tax Return Filing Debunked
Many people worry about the time of year when income taxes are due. The procedure for income tax filing may seem challenging, perplexing, or even terrifying. Additionally, a lot of tax return myths exist, which may make these emotions worse. In this blog, we aim to separate fact from fiction from some of the most common myths of tax filing
Advantages of Spice Board Registration: Unlocking Opportunities for Growth
Since the dawn of human civilization, spices have been employed in food to enhance flavour. Apart from culinary uses, spices are considered valuable for more reasons, as they have a lot of room for financial gain, particularly in regards to exporting. In this blog, we shall go in – depth on the benefits associated with the spice board registration and
The Importance of GST Registration: Why Every Business Needs It
Do you run a business and are unsure whether you need to register for GST? This blog post will offer insight into the significance of GST registration and explain why it has evolved into a crucial need for all businesses, large and small. Key Points In several countries, the majority of products and services sold for domestic use are subject
Avoiding Common Mistakes: Tips for Smooth Income Tax Return Filing
As the deadline for submitting income tax returns approaches, it’s important to make sure you don’t make some of the frequent errors that many taxpayers commit when submitting their forms. In this blog, we’ve compiled a few expert Income tax filing tips that will assist you avoid these mistakes in order to make sure the procedure runs successfully. Listed below
2023 Income Tax Filing Deadlines: Don’t Miss Out on Refunds
It’s that time of year once again! We must all focus on one of the most crucial activities in our financial lives as the new year is underway: filing our income tax returns. So, better start working on your 2023 income tax filing procedure as soon as possible. What is ITR? Every year, individuals and companies must complete and submit
12 Must know deductions under Sec 80 of Income Tax Act
It is the time of the year when many of us are putting together our documents for filing returns. While the Income Tax Act 1961 provides categories for levy of income tax, there are a range of sections that offer tax deductions to the taxpayer. There are provisions that are tax payer friendly and enable tax savings to a reasonable
5 Must Need Licenses to Export Food Products From India
India has been on the international market for spices export and has had a place on the world economic map for centuries. The Indian spices export business has been one of the most thriving businesses and the pandemic has helped it even more. It was reported in December 2020that there was 19% increase in the export of spices from India.
Your ready reckoner for year end accounting
Come March, there is always a lot of work that the accounts departments are flooded with. The end of the financial year brings in panic, concern and anxiety to streamline accounts and get things ready for the IT filing that falls later in the year. However small or big the business is, the load of work around March and filing
GST FAQs
2017 marked a milestone in the history of Indian Taxation with the Government deciding to unify taxes to get rid of numerous indirect taxes that were being levied, this gave birth to the Goods and Service Taxes, popularly known as the GST. With each year of implementation, the industries have learnt numerous lessons. With different kinds of opportunities arising for