Considering the detrimental effect of the COVID-19 pandemic that has led to the lockdown for over 8 weeks, Prime Minister Narendra Modi recently announced a special economic package of Rs. 20 lakh crores.
As per the Income Tax Act, 1961 Section 6 provides for the residential status of the individual based on the stay during the financial year that commences from April to March every year.
It’s been nearly a year since President Mukesh Aghi of the USISPF (US-India Strategic and Partnership Forum) announced that 200 US companies are considering a move out of China into India after the 2020 general election. For those that are searching for a viable alternative to manufacturing base in the Communist nation, this is a tremendous opportunity for these companies. According to Aghi, these companies have been focused on investing in India since last year.
MSMEs, which are also known as the micro, small, and also medium enterprises or companies, are all set to get great news by the Government. A huge boost-up is going to happen for all the micro-enterprises, small enterprises, and medium enterprises. Recently, on a conference Nitin Gadkari, the Union Minister has stated one imperative fact […]
India’s Finance Minister Nirmala Sitharaman presented the Union Budget 2020 and announced an array of schemes and steps for micro, small, and medium enterprises (MSMEs) and for small businesses.