Important GST Amendments Proposed In Union Budget 2023

On February 1, 2023, the Union budget for the financial year 2023–2024 was announced. Along with the same, amendments to the Goods and Service Tax regime were introduced to further simplify the taxation process and remove the roadblocks hindering the growth of India Inc. This blog will go over the specifics of the GST amendments announced… Continue reading Important GST Amendments Proposed In Union Budget 2023

Advantages Of Getting An MSME Registration Certificate [Udyam]

Gone are the days when compliance cost was way too high and there were a number of taxes to be paid by the company. Now, the scenario is exactly the opposite. Systems of multiple taxes are scrapped, compliance costs are coming down, and on top of it, the government is providing impetus to the MSME… Continue reading Advantages Of Getting An MSME Registration Certificate [Udyam]

Overview Of Union Budget 2023-24

On 1st February 2023 the Hon’ble Finance Minister of India Smt. Nirmala Sitharaman ji announced the BJP-led NDA government’s Union Budget for the financial year 2023-24. While presenting the budget she said ‘the Indian economy is on the right path and heading towards a brighter future’. She introduced the new tax regime and other important… Continue reading Overview Of Union Budget 2023-24

The Ultimate Guide On Billing In 2024

Entrepreneurship is all about managing the finances of a company and driving operations efficiently. How effectively you plan and manage your resources will determine the success of your business. To manage your business you need data i.e inflows and outflows this will help you to understand how much you are spending and gaining. Thanks to… Continue reading The Ultimate Guide On Billing In 2024

Everything You Should Know About Double Entry Bookkeeping

One of the fundamental laws of Physics namely Newton’s 3rd law of motion, states that ‘every action has an equal and opposite reaction’. The application of this law is extended to bookkeeping as well. Perplexed, right? You must be thinking that we are a lost cause, but we aren’t. Whether you have a startup, entrepreneur… Continue reading Everything You Should Know About Double Entry Bookkeeping

Everything You Need To Know About Financial Reporting

We all have heard the headline on a business news channel that a company made X percentage of profits. Haven’t you? Have you ever wondered where this data comes from? Naah? Don’t worry, we are here to help you. Publicly listed companies are liable to release financial reports to inform their investors about the financial… Continue reading Everything You Need To Know About Financial Reporting

How to Pay GST Challan Online?

One of the most common questions asked these days by some businessmen is how to pay GST challan online. In this article, we will discuss everything about how to pay GST challan online. What is GST Payment? Businesses make GST payments to the government for selling goods or providing services. When you buy goods from… Continue reading How to Pay GST Challan Online?

A Guide On Invoice Management For New-Age Companies

What if we tell you that you are paying more than what is mentioned on the invoice? You’ll think we have gone nuts, right? But it isn’t so. A study carried out in the USA concluded that manual invoice processing costs anywhere from $15 to $ 40 per invoice. In India, it could be lower… Continue reading A Guide On Invoice Management For New-Age Companies

10 Reasons Why Your Small Business Needs Invoice

Micro, Small & Medium enterprises are the backbones of India’s economy. It contributes to 30% of the GDP of India. Thus, they lead the growth story of the economy of India. The government has taken several initiatives to further bolster the growth of micro and small industries. One such initiative is GST. After the implementation… Continue reading 10 Reasons Why Your Small Business Needs Invoice