Author: Mehul Jagwani

The process of implementing new accounting software is exciting and daunting at the same time. The new system might not be easy for people who are accustomed to the old system. However, this struggle in the beginning conceals a huge payoff of increased speed of work, fewer errors, and improved outcomes.  All businesses require precise… Continue reading How to Train Your Team on New Accounting Solution Efficiently

An e-commerce business means there is no dead end to your list of tasks. At any given moment, businesses are juggling between various tasks such as inventory management and order fulfilment. Among the areas that are usually ignored is the GST (Goods and Services Tax) credit, particularly the surplus credit earned under 18 per cent… Continue reading How Can E-Commerce Sellers Use Excess GST Credit from 18% Service Tax?

Millions of Indians buy new mobile phones every day. Have you ever wondered how many of them pause and think about what percentage of the price goes into GST? Only a few of them! More people should ask this question so that they don’t get cheated. With the intent to keep you informed, in this… Continue reading What is the GST Rate on Mobile Phones?

When it comes to transactions, both for business and personal purposes, there are two terms that are often used interchangeably, which are invoice and bill. These documents are incredibly important to ensure timely payment, but what exactly are they, and how are they different from each other?  Have you ever been confused when you have… Continue reading What is the Main Difference between Invoice and Bill?

Section 194H of the Income Tax Act deals with TDS on Commission and Brokerage. At the core of this provision is the fact that every commission, whether it be paid to an agent for securing sales or to a broker for securing deals, has a layer of compliance. The beauty of this law is that… Continue reading What is TDS Rate on Commission and Brokerage Under Section 194H

The GST was introduced in 2017, replacing the multi-tax system in India. Since its inception, it has become easier for businesses to streamline their indirect taxation processes. All the services related to GST can be availed from the GST Portal. To get the benefit of the services, you need to log in to the GST… Continue reading How to Login GST Portal: A Step-by-Step Guide