2021 - G Kedia & Associates

Startups Funding – Government Funding Aid

Business Startup / Gopal Kedia / May 25, 2021

India has about 40 million Micro Small and Medium Enterprises (MSMEs), including registered and unregistered ones. MSMEs fall under the categories of both the organized and the unorganized sectors. These MSMEs contribute to about 40% of the total GDP of India, and it remains a critical source of employment. The MSMEs provide solutions to critical issues in […]

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UNION BUDGET 2021- KEY AMENDMENTS PROPOSED UNDER GST

Scope of Supply A new sub-section (aa) in Section 7 is proposed to be inserted retrospectively with effect from July 1, 2017 to levy tax on supply of services/goods by a person (other than an individual) to its members/constituents or vice-versa for a consideration. An Explanation is proposed to be inserted to the aforesaid sub-section