Category: News

Has it ever happened to you that you are tallying your financial records and an insignificant amount of entry pops up, and you wonder what it should be categorised as? Maybe that transaction was made against buying office supplies, business meals or ATM withdrawal charges, and you did not know how to categorise them. These… Continue reading What are Miscellaneous Expenses? A Detailed Guide

Have you ever been in a situation where a construction site is running smoothly, but, on paper, the numbers do not match? If yes, don’t worry. It happens. Managing the finances of your construction business manually is not as easy as laying bricks. One misplaced bill, and your good night’s sleep is gone.  To prevent… Continue reading What is the Best Accounting Software for a Construction Business?

Did you ever check your invoice of logistics and ask yourself, ‘Why the GST on freight charges?’ You’re not alone. It is important to know about GST on freight charges, whether you are a manufacturer who is shipping raw materials, a retailer who is shipping goods, or a service provider who is handling logistics. It… Continue reading What is the GST Rate on Freight Charges? Understanding RCM & Exemptions

If you are just starting out your business journey in India and wondering, ‘what makes a business in India legal?’ The primary requirement to start a business in India legally is the GST Registration. The GST registration certificate is proof of registration. Without it, you cannot collect GST from your customers or claim input tax… Continue reading How to Download a GST Registration Certificate?​ Step-By-Step Process

Social media is buzzing with news that Clear’s GST software will no longer cater to SMBs from the 1st December 2025, onwards. After this announcement, many CAs and tax professionals find themselves helpless as they have only two options: either migrate to Zoho Books or request a refund. If you haven’t decided with regards to… Continue reading Munim GST Return Filing Vs. Zoho Books: Best GST Return Filing Software Comparison

The indirect tax collected on Goods and Services from GST is divided into two parts; one part goes to the central government, and the other part goes to the state. On an invoice, you must have seen the breakdown of the total GST into two parts, namely, CGST and SGST. Here, SGST is for the… Continue reading What is UTGST? Learn Its Applicability Through a Clear Example