Debt collection: Understanding the process

Debt collection: Understanding the process

Debt collection is defined as the process of recovering old debts. These old debts have to be recovered from the defaulters who have failed to pay their debts. What are Debt Collectors? A debt collector is an agency that plays an important role in the debt collection...
Payroll outsourcing: How it works and benefits

Payroll outsourcing: How it works and benefits

Payroll outsourcing in simple words means delegating the job of paying wages and salaries of your staff to a 3rd party payroll provider. The payroll system should be efficient, accurate and needs to be finished on time. This is why managing payroll seems...
GSTR 3B late fees: Key considerations

GSTR 3B late fees: Key considerations

A regular GST taxpayer has to file GSTR 3B return. GSTR 3B has the details of outward Supplies made and also information of Input Tax Credit. GSTR 3B can be filed between 20 to 24th days of the next month that may be extended by the government. Let us look at the...
Salary structure insights: Understanding your pay

Salary structure insights: Understanding your pay

In a world that runs on money and has a constant give and take from so many perspectives, it becomes difficult to track and trace how to structure the salary break up of your employees, what will their CTC and their in-hand salary be? What deductions must be made and...