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Have you ever asked yourself why accounting plays an important role in the success of any business? It is not only about tracking your income or controlling the expenses; it is a matter of establishing a sound understanding of cash flow and making good financial decisions.  Understanding accounting principles is crucial for strengthening a business’s… Continue reading What is Accounting Principles: A Simplified Guide for Indian Businesses in 2025

“Behind every successful business is a great accountant and not just a bookkeeper”  This quote sounds a bit bold, but it pinpoints the reality that most entrepreneurs fail to understand. While bookkeeping and accounting go hand-in-hand, they are poles apart and serve different purposes. Understanding the difference between accounting and bookkeeping can be the secret… Continue reading What is the Difference Between Accounting and Bookkeeping?

UPI is the lifeblood of millions of Indians, with the increasing popularity of digital transactions. In June 2025, only ₹24 lakh crores were transacted via UPI. Even global financial institutions like the International Monetary Fund (IMF) have acknowledged the success of UPI.  But have you ever thought about whether GST on UPI transactions is applicable… Continue reading GST on UPI Transaction in 2025: What You Really Need to Know

“Accounting refers to a business language, while auditing adds a reality check” Just imagine, you are a business owner and tax season is about to arrive. You wish to hire a professional who maintains your records and finances. Later, you realise that instead of an accountant, you hired an auditor. This leads to your records… Continue reading Difference Between Accounting and Auditing: A Simple Explanation!

It is an important step to apply for a PAN card, especially when one is transacting in India. However, the question that may always remain in mind is how much you should really pay to have a PAN card? The charge structure may appear simple on the surface, but it is not as easy as… Continue reading PAN Card Fees in India: A Complete Guide [2025]

Have you ever been in a situation where you have wondered what the various types of taxes are under the Goods and Services Tax (GST) regime? As a business owner, an accountant, or a mere individual interested in how taxes work in India, understanding the SGST is important to carry out day-to-day transactions with ease. … Continue reading Everything You Need to Know About SGST in 2025