Indian GST & TAXES

X Ministry of Finance has announced the extension of due date for filing ITR There is a good news for assessees who haven’t filed their Income Tax Return. The Ministry of finance, in a letter issued today, has announced the extension of due date for filing the Income Tax return to 31 st August from 31 st July. A tweet by the ministry says, “Upon consideration of the matter, the Central Board of Direct Taxes (CBDT) extends the ‘Due Date’ for the filing of Income Tax Returns from 31st July 2018 to 31st August 2018 in respect of the said categories of tax. The income tax law mandates the filing of return by July 31 for individuals and HUF for the assessment year 2018-19. For a certain category of taxpayers, the deadline to file the return is beyond July 31st. This extension has been done for the category of taxpayers who are required to file their return before July 31st The taxpayers who are required to file their return after July 31st are mainly asses...

List of 60 Profitable Small Business Ideas For Small Towns #1. Acrylic Buttons Manufacturing   The demand for acrylic buttons is increasing due to increase in consumption of garments used for domestic use and for exports. The consumption of both these sectors have registered significant growth in the past and it will continue to show good growth in future years.  #2. Agarbatti Making Any individual can start agarbatti making business as small scale or large scale basis. Agarbatti is considered as household goods having a great market potential. The burning of agarbatti or incense in religious and social functions has been practiced in India since early times. Apart from big brands, local agarbatti companies are doing good in India.  #3. Air Bubble Packaging Wrapper Air bubble packaging wrapper is an essential item in packaging field as a convenient and economical cushioning material. The demand generation of electronic good...