Taxation laws have prevailed in India to boost our economy. Income tax regulations ensure revenue generation for the nation’s development. Let’s scroll down to the blog in detail. Introduction to Income Tax The tax imposed by the government on business or individual income is known as income tax. According to the law, taxpayers should annually… Continue reading What is Income Tax, and how are Different Types Calculated?
Key Highlights of Union Budget 2024
The announcement of the fiscal plan for the union budget 2024–25 by Finance Minister Nirmala Sitharaman has sparked a lot of curiosity among the public to know how their financial year would go! It is comparable to the much-expected significant revelation made in the Lok Sabha. We get an early peek at what the government… Continue reading Key Highlights of Union Budget 2024
How Can Accounting Software Assist Indian Manufacturers?
“The factory of the future will have only two employees: a man and a dog. The man will feed the dog, and the dog will keep the man away from touching the equipment.” Warren Bennis. Well said! The manufacturing industry is a fast-growing sector. Technological innovations have propelled a transformative revolution in the industry. Tech… Continue reading How Can Accounting Software Assist Indian Manufacturers?
How to Choose Between Different Billing Software in the Market?
Are you searching for billing software that suits your enterprise? If yes, you might need clarification with the variety of options available for the billing system. But in this friendly guide, we will chat about the stuff you should think about, share some excellent choices, talk about the must-have features, and help you step by… Continue reading How to Choose Between Different Billing Software in the Market?
How is CheQ revolutionizing Credit Management in India?
The rise of digital payments has brought a global revolution to the financial ecosystem. With accounting and billing software, online payment apps are also becoming popular. Since 2016, India has become a hub for UPI payments. Simultaneously, the credit card market is growing exponentially in the country. Also, the past couple of months have witnessed… Continue reading How is CheQ revolutionizing Credit Management in India?
Will Budget 2024 Set Modest Tax Revenue Goals for FY-25?
With the budget set for February 1st, 2024 in mind the government is carefully planning its fiscal strategy for the fiscal year 2025. The main focus is on the expected increase of 9–11% in tax revenue, which aims to give the government flexibility to adapt to the challenges presented by global economic circumstances. Here is… Continue reading Will Budget 2024 Set Modest Tax Revenue Goals for FY-25?
How Do I Calculate My SIP Returns?
Calculating the Systematic Investment Plan (SIP) is a complete blend of SIP concepts, formulas, and factors influencing the SIP returns. Scroll down, and the article will navigate you through the process. What is SIP? S = Systematic I = Investment P = Planning SIP is a disciplined way of investing in mutual funds. It is… Continue reading How Do I Calculate My SIP Returns?
A Complete Guide on What is GSTR-1 Return Filing in 2024
GSTR-1, is the monthly/quarterly return summarizing a taxpayer’s sales, plays a crucial role in the GST regime. Staying on track with the latest news & updates is vital for seamless compliance. In this blog, we’ll delve into the essentials of gstr 1, covering its basics, recent changes, and key considerations for smooth filing in 2024.… Continue reading A Complete Guide on What is GSTR-1 Return Filing in 2024
5 Major UPI Changes in 2024: You Should Know
India’s Unified Payments Interface (UPI), a platform already facilitating a staggering 595 million transactions daily, is poised for a transformative year in 2024. The National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI) have implemented a set of key changes aimed at bolstering security, streamlining processes, and enhancing the overall user… Continue reading 5 Major UPI Changes in 2024: You Should Know
Guide on EMI Calculator: Understand Your Monthly Payment Cycle
Ever dreamt of owning a sleek gadget, a new bike, or that perfect designer outfit? But before you hit that “buy now” button, the question of affordability pops up. Enter EMIs, your magic key to making those dreams a reality, with the EMI Calculator! In India, 70% of millennials rely on EMIs, making them a… Continue reading Guide on EMI Calculator: Understand Your Monthly Payment Cycle