A reliable Point-of-Sale system helps you run your business effectively, smoothly, and quickly. The POS system is used by retail business owners to simplify their business operations and streamline customer touchpoints. If you want to offer your customers a seamless experience, reduce operational costs, and increase revenue and profits, you should invest in the right […]
In today’s time, you may have become habitual of hearing the word “cloud” and would be curious to know if it’s safe for your business. Well, cloud is one of the few things that give your business functions a unified platform for multiple solutions, safely stores data, and lets you access your operations anytime from […]
GSTR-7 is filed every month by the taxpayers who deduct TDS as per the GST regulations. The GSTR 7 return form includes the details of tax deducted at source, TDS liability that has been paid or is payable, TDS refund claimed (as per Section 54 of CGST Act, 2017), interest, late fees paid/payable. GSTR-7: Meaning […]
During the pandemic, we saw that productive and service-oriented companies made adjustments to their strategies to adjust to the changing environment. For instance, we witnessed ride-hailing companies starting food and essentials delivery, distilleries setting up a sanitizer line, and clothing manufacturers began sewing up face masks.
With the young exploring old ways of connecting and the old interacting with the new, the COVID-19 epidemic has made us turn to some theories regarding Internet technology and demographics. The COVID-19 pandemic is reshaping the global economic climate with the UN expecting a $1 trillion hit to the world economy this year from the […]
Due to the lockdown and COVID-19 effect, work from home is being followed in all companies and businesses. But the new norm of working from home is bringing a few challenges for start-ups and even for bigger corporations too. One of the challenges faced by businesses is that employees who are responsible for filing tax […]
The COVID-19 pandemic has already beaten black and blue the Indian markets, with the Nifty and Sensex entering the lower circuits for the second time in less than a month today. Enterprises have come to a halt on a microscopic point! Leave the tax compliances alone, but companies have a tough time handling their day-to-day […]
Under the Goods and Services Tax (GST), the government has announced a transition plan for taxpayers to adapt to new simpler return forms. To ease this transition process and encourage familiarization, the new form will be available on a trial basis from July to September. In its 31st meeting, the GST Council had decided that a […]
Being the biggest Tax reform after Independence, GST has been completely digital. This step has curtailed the evils like tax evasions, bribery and other corruptions from the country to a great extent. As we know that it has subsumed a number of previous indirect taxes; and hence, as soon as it got implemented the entire […]
