Filing GSTR 4 within time is essential to every indian small business who is registered under composition scheme. Missing deadlines can result in undue penalties from the effect on cash…
Indian businesses for overseas payments reactions are often not easy to understand how tax rules apply to them under section 195 of income tax act. Cross border payments have a…
Maintaining financial records is very important for any business, but it can be particularly difficult for small Indian businesses and shopkeepers. The Single entry system of accounting is a simplified…
Goods and Services Tax (GST) is an important aspect of how transport and logistics businesses in India deal with the aspects of billing and compliance. Every transport invoice carries freight…
A Revised Invoice in GST is given on the occasion a business wants to correct or bring the changes in the earlier tax invoice after GST registration or occurrence of…
The section 115BAB of Income Tax Act was introduced with an aim of promoting the development of a new manufacturing company in India by providing them for a considerably reduced…
The inflation accounting is an important tool for businesses operating in an environment where prices and the economy are uncertain. When the value of the currency becomes fickle at times…
The Prudence concept in accounting is a foundation stone of efficient financial reporting. Auditors use this principle so that they don’t overstate profits or assets and understate liabilities. In the…
Businesses which deal in computers, laptops, IT accessories and hardware are in need of understanding clarity related to classification and taxation treatment. The computer HSN code and GST rate explicitly…
Knowing the amount of time your inventory spends in the warehouse is important for cash flow management. Days inventory outstanding is the calculation of the average time a business has…
Retail Software
Distribution Software
Retail Chain