Haryana New Patent Cost Reimbursement Scheme: A Boost for Startups
The Industries and Commerce Department of Haryana announced The Patent Cost Reimbursement Scheme on July 23rd 2023. This scheme is designed to help startups in Haryana by covering the costs associated with obtaining patents.
Key Announcement for Private Security Workers in Assam
The Labour Welfare Department of Assam has issued a crucial notification regarding the Variable Dearness Allowance (VDA) for employees and workers engaged under Private Security Agency Houses on 15th July 2024.
Rajasthan Government Introduces New TCS Rates
On July 19, 2024, the Government of Rajasthan issued an amendment to its earlier notification .This amendment specifically addresses the rate of Tax Collected at Source (TCS).
The revised notification introduces a reduction in the TCS rate. Previously set at 0.5%, the rate will now be halved to 0.25%.
Enhancing Fiscal Fairness: Kerala’s New Employment Tax Slabs
In a recent development, the State Government of Kerala has taken significant strides towards revising the employment tax slabs for Gram Panchayats and Municipal Corporations, as recommended by the Sixth State Finance Commission.
Understanding the Latest Amendments to the Rajasthan GST Rules: What You Need to Know
The Rajasthan Goods and Services Tax (Amendment) Rules, 2024, introduce crucial updates aimed at enhancing the GST framework in the state. These changes aim to:
Improve Compliance
Enhance Transparency
Streamline Processes.
New BH-Series Vehicle Registration Rules: What You Need to Know
The tax rules for BH-Series vehicles have been updated. Previously, payment of vehicle tax was for a period of 2 years at a time. With the new rule, when the vehicle is registered under the BH-Series, payment of tax covers 14 years in total. This is done in a single payment or in two-year increments
Delhi Government’s Big Relief: No Annual GST Return for Small Businesses with Turnover up to 2 Crores
The Government of Delhi has decided that if total sales (aggregate turnover) for the financial year 2023-24 for a business is up to Two crore rupees, there is no need to file an annual GST return for that year.
Haryana Government’s Big Relief: No Annual GST Return for Small Businesses with Turnover up to 2 Crores
The Government of Haryana has decided that if total sales (aggregate turnover) for the financial year 2023-24 for a business is up to Two crore rupees, there is no need to file an annual GST return for that year.
Odisha’s New Minimum Wage Rates: What You Need to Know
The Government of Odisha has revised the minimum wage rates for various types of workers across different sectors on 18th July.
Revised Wage Rates:
Unskilled: Rs. 450.00 per day
Semi-skilled: Rs. 500.00 per day
Skilled: Rs. 550.00 per day
Highly Skilled: Rs. 600.00 per day
Investment Opportunities Unveiled: Malappuram District’s Summit Highlights
Malappuram recently witnessed a pivotal event aimed at fostering entrepreneurial growth within the district. Spearheaded by the Malappuram District Industry Center, an investment summit gathered new entrepreneurs looking to invest over one crore rupees in various projects.
