Greetings from Classic Associates! Tuticorin Budget 2021 What has become cheaper and what is costlier What gets cheaper: • Gold • Silver • Iron • Other precious metals like platinum and palladium • Copper items • Agricultural equipment • Steel • Nylon clothes • Insurance • Electricity What’s costlier: • Raw silk • Spandex fibre • LED lamps • Solar lanterns • Solar inverters • Mobile phones • Chargers • Power banks • Leather items • Alcoholic beverages • Imported auto parts • Gemstones We would #love to help you with all your queries and provide you with full assistance. Follow us for more updates www.classicassociate.com | support@classicassociate.com | 93444 17156 Auditing Office at : Tuticorin (HO) | Coimbatore (BO)
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MSME In India| Classic Associates, Tuticorin
Greetings from Classic Associates! Tuticorin In India, MSMEs contribute nearly 8% of the country’s GDP, around 45% of the manufacturing output, and approximately 40% of the country’s exports. It won’t be wrong to refer them as the ‘Backbone of the country.’ The Government of India has introduced MSME or Micro, Small, and Medium Enterprises in agreement with Micro, Small and Medium Enterprises Development Act of 2006. These enterprises primarily engaged in the production, manufacturing, processing, or preservation of goods and commodities. MSMEs are an important sector for the Indian economy and have contributed immensely to the country’s socio-economic development. It not only generates employment opportunities but also works hand-in-hand towards the development of the nation’s backward and rural areas. According to
Read MoreBudget 2021 Income Tax Slabs and Rates Highlights | Classic Associates, Tuticorin
Greetings from Classic Associates! Tuticorin The Finance minister, in her speech on Budget 2021, did not announce any change in the rate of income tax. This year, there is no shift in income tax slabs. However, some measures have been announced to make filing a tax return even easier for small taxpayers. For senior citizens, 75 years or above, with only pension and interest income are exempted from filing the tax returns. Tax audit limit for NRI has been increased from 5 crores to 10 crores. The government has also proposed to constitute a dispute resolution committee to improve transparency, accountability for small taxpayers. Income tax slabs announced in Budget 2021: 1. 0 – 2.5 lakh – Exempted 2. Rs
Read MoreGoods and Service Tax Registration in Tuticorin | Classic Associates, Tuticorin
Greetings from Classic Associates! Tuticorin Do you need a quick, cost-effective Goods and Service Tax (GST) Registration? You are in the right place. Our experts will provide you with personalized services that take the specific needs of your organization into account. Other privileged services include: 1. GST Registration (Regular/ Composition) 2. After Registration Compliances/ Filing 3. GST Accounting 4. E-Wat Bills 5. Old Defaults Clearance Each GST registration will take 2-6 working days. Don’t worry, as our executives would keep you updated with every detail and registration Your every query will be addressed, and you will also receive full assistance from us. Follow us for more updates www.classicassociate.com | support@classicassociate.com | 93444 17156 Auditing Office: Tuticorin (HO) | Coimbatore (BO)
Read MoreBest Accounting Services in Tuticorin | Bookkeeping Services in Tuticorin
Greetings from Classic Associates ! Tuticorin At Classic Associates we provide complete Accounting, Finance, and Taxation Solution. Our Services: – Accounting and Auditing – Income Tax – Goods and Service Tax (GST) – Company Incorporation / Formation – Micro Small Medium Enterprise (MSME) – FSSAI (Food License) – Import and Export (IEC) – Provident Fund (EPF) – Professional Tax (Registration and Enrollment) – Stock Auditing – GST Return Filing – Digital Signature – Import Export Code We would #love to help you with all your queries Follow us for more updates www.classicassociate.com | support@classicassociate.com | 93444 17156 Auditing Office at : Tuticorin (HO) | Coimbatore (BO) | Chennai (BO) Best Accounting Services in Thoothukudi | How to get GST in
Read MoreStock Audit Services in Tuticorin | Stock Auditors in Thoothukudi | Classic Associates, Tuticorin
Greetings from Classic Associates ! Tuticorin At Classic Associates we provide the best Stock Audit Services. Stock audit or inventory audit may be a term that refers to physical verification of a corporation or institution’s inventory assets.Every business must perform an audit once a year to update and make sure that the physical stock and therefore the computed stock match Reasons for performing a stock audit: The stock audit is important to scale back unnecessary investment on stocks and to make sure that you simply have a correct line balancing within the process. High levels of stock generally end in unnecessary overstocking thus leading to poor cash flows and loss. Benefits of stock audit to an organization: 1. Reduced cost
Read MoreIncome Tax Refund (#ITR) Status | How to get your ITR refund in seven working days | Classic Associates, Tuticorin
Greetings from Classic Associates ! Tuticorin Check Income Tax Refund Status at Classic Associates now Income Tax Refund (#ITR) Status: The Central Board of Direct Taxes (#CBDT) informed that it has issued #ITR refunds of more than Rs 1,73,139 crore to more than 1.57 crore taxpayers between 1-April-2020 to 11-January-2021. Taxpayers have done the ITR filing four to 5 months ago. In that case, it is important for the income taxpayers to know the ITR refund time, which is just seven working days. If a person doesn’t get an ITR refund in 7 working days, then there are some common mistakes that they need to check: 1] Wrong bank account (A/c) information/data 2] Non pre-verification of bank account (A/c) 3]
Read MoreHow to get Aadhaar Card Correction, Modification in Tuticorin | Classic Associates, Tuticorin
Greetings from Classic Associates, Tuticorin Now you can get your Aadhaar card correction by following few steps and contacting our team to update/modify your Aadhaar card. We will help you with any of these below details: Name Gender Date of Birth Address Mobile Number On Aadhaar Card are wrong or have any spelling mistakes than you can correct it by simply connecting with us. Documents Required to Modify or Update Aadhaar Card Details To make changes to the Aadhaar Card, creditable documents and additional proof will be required to be attached or submitted to authorize the required modifications. Any other identity proof which contains the name and photograph of the individual these documents must contain the correct information which needs
Read MorePan Card correction or modification in Tuticorin | Classic Associates, Tuticorin
Greetings from Classic Associates, Tuticorin We will help the applicant fill PAN Change Request Form and submit the form. For Changes or Correction in PAN data, fill all mandatory fields by getting help from our Experts with the appropriate field where correction is required. In case of either a request for Change or Correction in PAN data or request for re-issuance of a PAN Card without any changes in PAN information/data, the address for communication will be updated in the portal using address for communication provided in the application. For Cancellation of PAN, fill all mandatory fields in the Form provided by us and submit the same to us and we will help in getting the PANCard cancelled. We help
Read MoreDigital Signature Certificate (DSC) in Tuticorin, Thoothukudi | DSC Services in Tuticorin | Classic Associates, Tuticorin
Greetings from Classic Associates ! Tuticorin At Classic Associates, we provide Digital Signature Certificate (DSC) in Tuticorin / Thoothukudi. A digital signature is a mathematical scheme to show digital message or record authenticity. Simply put, electronic fingerprinting is a digital signature. Online digital signature helps you to electronically sign a document, and validates the signer. Also, the physical signature will take long time to get it processed.Fortunately, we can process any physical signature into a digital form with our DSC service. This process is same as the handwritten signature which is used to read documents online and provides us with a high level of security and privacy. The DSC is classified into three classes – Class I, II & III.
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