GST Audits are a key part of the GST compliance process and are required for businesses with a turnover of more than Rs.2 crore. The annual GST Audit Checklist is important to ensure that all aspects of GST compliance are covered. This checklist will help you ensure that your business complies with GST regulations for… Continue reading Annual GST Audit Checklist: An Ultimate Guide
A Detailed Guide for RuPay Card: Better Things to Know
In today’s digital world, electronic payment has become the norm. Whether you’re buying a pair of shoes online or paying your rent, chances are you’re using a form of electronic payment. And with good reason: it’s fast, convenient, and secure. Just like any other country, India has its own indigenous payment system called RuPay. This… Continue reading A Detailed Guide for RuPay Card: Better Things to Know
New UPI Transaction Limit [2022] – SBI, HDFC & 100+ Other Banks
In this digital era, UPI payments hold great significance in our lives. The Reserve Bank of India regulates all Unified Payments Interface (UPI) established by the National Payments Corporation of India (NPCI) to ensure the security and safety of all transactions. The NPCI has established transaction restrictions for UPI. If you are new to this… Continue reading New UPI Transaction Limit [2022] – SBI, HDFC & 100+ Other Banks
The Detailed Guide on BHIM UPI: Is BHIM UPI is Safe?
Do you frequently shop online? Or, maybe you make payments for bills or other expenses using your debit or credit card. If you’ve been living under a rock, you might not have heard of digital payment platforms like BHIM UPI. Just a joke! If you’re looking for a comprehensive guide on BHIM UPI, look no… Continue reading The Detailed Guide on BHIM UPI: Is BHIM UPI is Safe?
3 Golden Rules Of Accounting – Rules with Best Examples
Every business or organization is required to provide its financial data to all of its stakeholders. The financial information presented must be accurate and present a true image of the company. It must account for all of its transactions for this display. Accounting must be consistent since economic entities are compared to understand their financial… Continue reading 3 Golden Rules Of Accounting – Rules with Best Examples
Goods & Services Tax GST in India 2024: Pros & Cons
![Goods & Services Tax GST in India [2022]: Pros & Cons](https://themunim.com/wp-content/uploads/2022/03/Goods-Services-Tax-GST-in-India-2022-Pros-Cons.png)
The Goods and Services Tax (GST) is a tax on the sale of goods and services in India, introduced in July 2017. When it comes to Goods & Services Tax, there are pros and cons to think about. On one hand, GST could help businesses and the economy as a whole by making everything more… Continue reading Goods & Services Tax GST in India 2024: Pros & Cons
Performa Invoice Or Proforma Invoice? Which one is correct?
Can’t believe that a spelling mistake will be so popular that anyone can get confused. Are you confused too? Don’t worry, you are at the right place. Here will be discussing which one is the correct term used, in accounting, Performa Invoice Or Proforma Invoice. Is It Performa Invoice or Proforma Invoice? Proforma invoice is… Continue reading Performa Invoice Or Proforma Invoice? Which one is correct?