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Author: Infinity Compliance

A Step-by-Step Guide on How to Get a Business Idea

January 9, 2024 Business Idea, Business Strategies by Infinity Compliance
  Introduction: Starting your own business is an exciting journey, but coming up with the ideal business idea is sometimes the biggest obstacle. The process of ideation may be challenging and exciting for everyone, regardless of experience level as an entrepreneur or visionary. We’ll walk you through the process of finding the perfect business idea—one
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Effective Customer Retention Strategies for Small Businesses

January 5, 2024 Business Strategies by Infinity Compliance
In the dynamic landscape of small businesses, customer retention stands out as a crucial aspect of long-term success. While attracting new customers is essential, retaining existing ones can significantly impact your bottom line. Small businesses face unique challenges, but with the right customer retention strategies, they can build lasting relationships with customers. In this blog
Read More

Unlocking Success: Essential Digital Marketing Strategies for Small Businesses

January 2, 2024 Business Strategies by Infinity Compliance
Introduction In the dynamic landscape of today’s business world, small enterprises are continually seeking cost-effective ways to reach their target audience and carve a niche for themselves. Digital marketing has emerged as a game-changer, offering a plethora of strategies to boost visibility, engage customers, and drive sales. In this blog post, we will explore essential
Read More
57 ROC Forms eligible for Additional Fees Waiver - Infinity Compliance

57 ROC Forms eligible for Additional Fees Waiver

July 16, 2021 MCA News & Updates, News & Updates by Infinity Compliance
Additional Fees Waiver by MCA Through Circular No. 11/2021 and 12/2021 Dated: 30/06/2021”   MCA (Ministry of Corporate Affairs) with the latest notification dated 30.06.2021, in continuation of Circular no 06/2021 and 07/2021 dated 3rd May 2021 allow the additional fees waiver on the following 57 e-forms. The said forms can be filed without additional fees till 31st of August, 2021. Pursuant to the aforesaid
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How banks, mutual funds and companies will check if you have filed ITR - Infinity Compliance

How banks, mutual funds and companies will check if you have filed ITR

July 13, 2021 Income Tax News & Updates, News & Updates by Infinity Compliance
How banks mutual funds and companies will check if you have filed ITR Effective from July 1, 2021, a person who has not filed ITR for the previous two financial years and the aggregate TDS and TCS deducted from payments made to him/her in each of these financial years exceeds Rs 50,000, then such person
Read More
Applicability of GST on Reverse Charge Mechanism for Import of Service - INFC

Applicability of GST on Reverse Charge Mechanism for Import of Service

July 12, 2021 GST News & Updates, News & Updates by Infinity Compliance
  GST is Levy in accordance with the concept of supply.   According to section 7(1) (b) of CGST Act’2017, supply includes “import of services” for a consideration whether or not within the course or furtherance of business. According to section 7 (4) of IGST Act’2017, if Supply of services imported into India’s territory shall be
Read More
A Deloitte Partner explains how GST impacted manufacturers, service providers differently - INFC

A Deloitte Partner explains how GST impacted manufacturers, service providers differently

July 9, 2021 GST News & Updates, News & Updates by Infinity Compliance
MS Mani, Partner, Deloitte India does a comparison of pre-and post-GST times. Here are edited excerpts from his interview to ET Now’s Tamanna Inamdar: Are we better off with GST than without? And is it as simple a tax because it was meant to be? Let me check out it only from a business perspective. I will
Read More
CGST, SGST, IGST - Infinity Compliance

CGST, SGST, IGST

January 21, 2021 Goods and Services Tax by Infinity Compliance
What is CGST, SGST & IGST? IGST, CGST, and SGST are categories of GST that are charged by Central and State Governments on the basis of supply and consumption. The Goods and Services Tax (GST) is a multi-staged and destination-based indirect tax, charged on the supply of goods and services. GST is multi-staged; thus, it
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Advantages and Disadvantages of GST- Goods and Services Tax - Infinity Compliance

Advantages and Disadvantages of GST

September 24, 2020 Goods and Services Tax by Infinity Compliance
Welcome to Infinity Compliance, The Goods and Services Tax aims to scale back the amount of indirect taxes and unify the Indian market. Though it had been implemented midway within the last fiscal year, it’s its justifiable share of proponents and critics. Here’s a glance at the Advantages and Disadvantages of GST. Advantages of GST Removing cascading effects: GST is comprehensive in nature that is designed to eliminate the cascading effect. The
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Indirect taxes replaced by GST - Infinity Compliance

Indirect taxes replaced by GST

September 14, 2020 Goods and Services Tax by Infinity Compliance
Welcome to Infinity Compliance, What is Goods and Services Tax (GST)? GST is a single uniform tax which was introduced to exchange Central and State indirect taxes like VAT, CENVAT, et al. . GST applies on all kinds of businesses, small or large. This makes it one among the best tax reforms within the country. The entire nation will follow a unified tax structure. As the name suggests, GST will be applicable on
Read More

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