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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 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
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...
Tax Planning Made Easy: 5 Tips for a Stress-free 2023
Financial tax planning offers numerous tax benefits that can help you save money and increase your financial security. By taking financial measures to decrease your tax liability, you can save on tax payments and invest the saved amount in plans that earn you more...
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...
Utilizing new tax due dates: Maximizing advantages
The Corona crisis has hit businesses hard, with sales decreasing like never before, and many are considering shutting down. Cash flow has been affected so badly that businesses are finding it difficult to survive even for a month. Every business owner needs working...
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