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Has it ever happened to you that you miscalculated the distance in the e-way bill by a few kilometres? And the authority stopped your truck from moving ahead? Sounds familiar? We all have been there! Don’t worry. Making a mistake in calculating the e-way bill distance is okay, but it should not be repeated. Otherwise,… Continue reading E-Way Bill Distance: Importance, Minimum Limit & Exemptions

Taxation in India is not just a legal obligation- it forms the crux of building a progressive nation. Our tax deductions finance the construction of highways, hospitals, schools, various development schemes, and rural and digital infrastructure. It empowers economic policy by influencing inflation, income distribution, and investment trends. Operating under a dual structure, India’s tax… Continue reading Direct Tax and Indirect Tax: Which Impacts You More?

Taxes form the crux of our economy, but choosing between old and new tax regimes makes a difference. Though the Indian government has recently introduced incentives for encouraging taxpayers to go with the new tax slab, understanding which is beneficial is crucial. The changes in the tax structure indicate that the Indian government wants taxpayers… Continue reading Old Vs New Tax Regime: Which Saves More Money for Salaried?

In the business world, revenue might be the king, but expense management turns out to be the power behind the throne. No matter what is your monthly income of your company; unidentified business expenses can silently drain profits, disrupt progress, and create operational turbulence. That’s why managing expenses efficiently isn’t just a good practice –… Continue reading How to Manage Business Expenses Efficiently: 5 Best Practices! 

1. What is Cost Accounting? Cost accounting means tracking, recording and analyzing costs in a business. It helps you to understand how much cost is incurred to make a product or to provide a service.  2. What is overhead in cost accounting? Overheads in cost accounting are additional costs that are not directly connected to… Continue reading Frequently Questions on Cost Accounting

According to a very popular VC firm ‘Bessemer Venture Partners’, the SaaS industry in India is projected to reach $50 billion in annual recurring revenue (ARR) by 2030. This is nearly 4X compared with 2023’s. The growth of the industry comes with many challenges. Like all other industries, Accounts Receivable is a major concern for… Continue reading SaaS Companies: Master Accounts Receivable with AR Automation