Free CA Certificate for traders with turnover below 20 lakh

CA Certificate

Trading businesses having annual turnover of below Rs 20 lakhs will now get CA certificate free of cost from chartered accountants empanelled with the state government. This was announced by the Haryana CM Manohar Lal Khattar while launching the Vyapari Kshatipurti Yojana during a programme held at Haryana Niwas on Thursday. Members of the Haryana Traders Welfare Board were present on the occasion. According to sources, the order will come into force from April 1, 2023.

Addressing the gathering after the launch, Khattar said that small traders require a CA certificate for GST registration, for which they had to pay a small amount. “Now after this announcement, small traders with a turnover of less than Rs 20 lakhs will get the CA certificate from the government empanelled CAs,” the CM said.

Read Also: AIS: Income Tax department App to check high value transactions and TDS

Divulging further details, the CM said that in 2019, the state government had launched Mukhyamantri Vyapari Kshatipurti Yojana to give insurance benefits to traders having an annual turnover is up to Rs 1.50 crore. The CM shared that now under this scheme, insurance coverage ranging from Rs 5 to Rs 20 lakh is provided to the taxpayer traders against loss of stock and furniture and fixtures by fire, burglary and natural calamities.

Get Daily Updates in Hindi & English 

Join Tax solution subscription

GST Latest news
Disclaimer:The article or blog or post (by whatever name) in this website is based on the writer’s personal views and interpretation of Act. The writer does not accept any liabilities for any loss or damage of any kind arising out of information and for any actions taken in reliance thereon. 
Also, and its members do not accept any liability, obligation or responsibility for author’s article and understanding of user.

For Collaborating with us-

Tags: blog

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed