Over 60 million small and medium businesses account for about one-third of India’s GDP. These SMBs play an important role in maintaining the circular flow of income in the nation’s economy. They are highly inclined toward digitisation, but the tax implications are still daunting. This has led to prioritising tax Read more…
Imagine that you need to celebrate a colleague’s birthday at the office, that one of your branches has run out of toilet paper, or that you immediately need to reimburse a staff member for a small purchase. From where do you pay for these expenses? As a business owner, chances Read more…
The Government of India introduced e-Invoicing in October 2020 through the Goods and Services Tax (GST) System. Although e-Invoicing is not a new technology, its relevance has grown multi-fold in recent times. The pandemic pushed several businesses to develop digitally overnight and adopt technologies such as e-Invoicing for more reasons Read more…
Recently, there was a lot of buzz around how the RBI has found four viable products for cross-border payments under its regulatory sandbox. Many of our readers and colleagues didn’t know/hadn’t heard of ‘Regulatory Sandbox. In this blog, we deconstruct what a regulatory sandbox is and how it shapes the Read more…
Post GST adoption and acceptance, e-Invoicing under GST has now become an integral part of business operations for Indian taxpayers. e-Invoicing under GST system has already been implemented in India since October 01, 2020. A lot of businesses, however, find it confusing with its evolution. Keeping this in mind, we Read more…
The Goods and Services Tax (GST) came into effect on July 01, 2017 in India. Since then, most small and medium-sized businesses have geared up to make their operations compliant with the new tax laws. One of the major changes with the implementation of GST is that the invoices must Read more…
For any GST (Goods and Services Tax) registered business, the most important thing is timely filing of Returns and Challan payments. The GST Council of India has lately laid out a few requirements for the GST registered companies to comply with the regime. While you may already be aware of Read more…
Richard Branson, the UK-based entrepreneur rightly said, “You don’t learn to walk by following rules. You learn by doing and falling over.” Any new-age founder can relate to this fairly well. Speaking of which, Indian startups are currently exploring unseen heights; especially when it comes to innovation and growth in Read more…
We’ve created a 10-point financial checklist for enabling businesses to manage finances like a pro, all year round. Here’s everything you need to know. Do you love the sound of planning? Then we’re sure that you turn to your little checklist to ensure that you’re not running behind on important Read more…
It’s time to review your business’ financial insights for the passing financial year, think of the key learnings and make purposeful decisions for the coming year. It’s #ThatTimeOfTheYear to discover opportunities, to step out of your comfort zone, and invest maximum efforts in your business growth strategies. With the current Read more…