Although business owners across the globe use the terms “bookkeeping” and “accounting” interchangeably, the two differ in practice. Most people confuse these two phrases bookkeeping and accounting, and it isn’t until they establish a business or design a financial...
Payroll is an essential aspect of any business, and even a minor payroll error can cost you your employees’ trust, leading to the resignation of brilliant and dependable human resources. Payroll has progressed from simple check-writing to complicated account...
The Art Of Recording The Vitamin C – ash The business accounting importance cannot be overstated, as there is more to a company’s financial health than what is outwardly visible. While many companies may appear to be thriving, a closer examination of their...
MSME registration benefits can be availed by businesses that meet the investment and annual turnover criteria. Micro, Small, and Medium Enterprises can be categorized under MSME and enjoy the advantages. Micro enterprises with investment under Rs 1 crore and annual...
As per the GST rules of India, a business with a turnover of more than Rs 40 lakh has to be mandatorily registered as a normal taxable entity. For businesses set up in the hill and North-Eastern states, the limit is over Rs 10 lakh. GST registration is a comparatively...
Startup India program was launched by the Government of India to support new businesses by providing tax exemptions and other benefits. This initiative has played a significant role in promoting startup registration and has helped many entrepreneurs start on their...
