This glossary provides definitions of common terms you’ll encounter while using OPEN Money. It’s organized into categories for easy navigation. Each term is explained in simple, easy-to-understand language.
Use …
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 …
A GSTIN, or Goods and Services Tax Identification Number (GST Number), is a 15-digit unique identifier assigned to businesses registered under India’s Goods and Services Tax (GST) system. It plays a pivotal role in enabling transparent, seamless taxation processes and …
Looking for the right HSN or SAC code for your business? Try our free HSN & SAC Code Finder tool to accurately classify your goods and services.
India’s Goods and Services Tax (GST) system relies …
Before the GST era, sales tax compliance was relatively easy to understand and comply with, states the World Bank[1]. Since the introduction of GST, there have been multiple policy updates. It resulted in technical as well as compliance …
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 …
