IMPS, NEFT, and RTGS are designed to offer businesses and individuals secure, efficient, and reliable methods for moving funds. Whether you need 24/7 transfer access or prefer batch processing for routine payments, each mode serves a unique purpose.
IMPS, NEFT,
Managing accounts receivable (AR) is key to maintaining steady cash flow, which is essential for a business’s success. It involves tracking customer payments and ensuring they are collected on time. Manually handling AR processes can be time-consuming and prone to …
As the deadline for filing GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for the financial year 2023–24 approaches, businesses need to gear up for accurate and timely filing. Both forms play a critical role in maintaining GST compliance and ensuring …
Reconciliation in finance is all about ensuring the numbers in your books match what’s in your bank account and payment records. This is super important whether you’re a small shop or a big company because it keeps your finances straight, …
Unified Payments Interface (UPI) has transformed the payment landscape in India, enabling fast, secure, and cashless transactions. UPI has become synonymous with everyday payments, from paying at grocery stores to splitting restaurant bills, marking a shift towards a digital-first economy.…
The Indian Income Tax Department has embarked on a promising project named PAN 2.0, approved with a significant investment of ₹1,435 crore. This initiative is set to revolutionize how tax identification functions in India by leveraging cutting-edge technology to …
GST compliance is a crucial part of every business operating under India’s Goods and Services Tax (GST) regime. Missing deadlines for filing GST returns can lead to penalties and interest, making it essential for taxpayers to stay on …
You’ve probably heard the saying, “Coming together is a beginning, staying together is progress, and working together is a success.” This can apply to many areas of life, work or otherwise, but it’s especially true about the relationship between businesses …
The Bharat Bill Payment System (BBPS) has been a game-changer for bill payments in India, offering a unified platform for all billers and customers to interact seamlessly. However, businesses across India have been struggling with outdated and inefficient Business-to-Business (B2B) …
In recent years, CFOs have expanded their roles to include marketing, compliance, operations, and technology innovation including GenAI exploration. The business world is fiercely marching towards scale – the enabler of this pace and innovation for several industries can be …
