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Finance

While conducting business, an individual or the owner of the business needs to know what the account status of the business is, not every...

GST

The Central Board of Indirect Taxes and Customs (CBIC) announced a uniform GST rate of 12% on different kinds of fabrics, footwear and apparel....

Inventory

Inventory management is one of the biggest roles of a business. It is very important for businesses to understand the nature of their business...

Inventory

Keeping a check on your inventory and the prices at which the raw materials were bought and the prices at which they need to...

Finance News

Business

What is Order Management System? An order management system is nothing but an electronic method to handle the lifecycle of an order. Moreover, it offers a...

Accounting

An itemized inventory of all the components necessary to make or sell a product is termed a Bill of Materials (BOM). Succeeding are the...

Business

If you want to start your own business like home baking, freelancing, small handicraft business becoming an entrepreneur then, this article will give you...

GST

What is Bank Reconciliation Statement? A bank reconciliation statement means nothing but a summary of business and banking activity that reconciles an entity’s bank account...

Accounting News

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Business

India has the potential to assist you in realizing your entire entrepreneurial dream. To be sure, you do not need a superior education from...

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Business

Introduction to Indiamart Indiamart is a huge B2B marketplace that renders products and services on the portal of sales. It is headquartered in Noida,...

GST

Objectives of Stand Up India Scheme The objective or goal of the Stand Up India Scheme is to make the process of bank loans easy between...

GST

What is Partnership Deed? A partnership deed is a legal document in a written format that contains an agreement between two persons who want to undertake...

GST

Senior persons have the right under 80TTB to claim a greater deduction for interest income generated on deposits. It is intended to assist elderly...

Business

India is endowed with a plethora of traditional industries. This industry not only contributes significantly to large-scale job possibilities at a relatively cheap capital...

GST

What Is VAT? VAT full form is the Value Added Tax. It is an indirect tax that the national government levies on products and services...

Business

What is Trade License A trade license authorises an applicant (someone wishing to start a business) to conduct a particular industry or trade in a specific...

GST

Taxes are collected on its inhabitants by governments to produce money for initiatives that increase the country’s economy and enhance residents’ standard of living....

Business

Tax Deduction and Collection Account Number, TAN is an important and mandatory number for any individual, business or enterprise who is filing for their...

Finance

Credit Guarantee Fund Trust for Micro and Small Enterprises, CGTMSE is a scheme that is introduced by the government of India, by the Ministry...

GST

MSME Loan Schemes: MSME – the abbreviation for Micro, Small, and Medium-Sized Enterprises. These sectors contribute to the overall financial stability of the country....

GST

What Is Break-Even Point? The break even point is the level of output at which the company’s overall revenue and total expenses are the same. At...

GST

Introduction to Company Income: Before learning about tax rates and how they are determined, we need to know about the types of income a...

Finance

As a development bank, NABARD is mandated to provide and regulate lending and other support facilities for agriculture, small-scale industries, cottage and village, craftsmanship,...

Finance

What is PSB Loans in 59 minutes? Psbloansin59minutes is nothing but an online marketplace that allows entrepreneurs to apply for a business loan at a...

GST

What is Cash Credit? Cash credit is a short-term financing source for a company. It is one kind of short-term loan extended by a bank...

Business

Agriculture in the current period is one of the most dynamic and competitive sectors. There are now over 100 thriving farm companies. This post...

Business

Platforms such as Paytm enable businesses of all sizes to expand and transcend regional borders. Paytm, funded by China’s Alibaba Group, is reshaping the...

GST

80TTA is an interest income deduction section of the income tax act that is available to resident individuals and Hindu United Families (HUF). Section...

GST

Accounting, bookkeeping and maintaining a track record of all your transactions can be very cumbersome processes. Not to mention the process of getting your...

Finance

What is the PMEGP scheme? The PMEGP full form is nothing but Prime Minister’s Employment Generation Programme (PMEGP) which is a credit-linked subsidy program operated by...

Business

Top 7 Best Low Investment Business Ideas 1. Seasonal businesses Seasonal businesses gain significantly from the fact that consumers are now on the lookout...

GST

If we talk about Myntra, it is one of India’s popular e-commerce companies, an online lifestyle and fashion shop headquartered in Bangalore, Karnataka. This...

Accounting

In this article, you can find out how a Vyapar app – myBillBook can boost your Business Vyapar App – myBillBook? Another Vyapar app...

GST

What is Mudra Loan?  The lack of institutional monetary support from the banks and financial sector is one of the most significant barriers for...

GST

What is Section 194C? Section 194C is nothing but a law stating that any individual is liable for paying any sum amount to the...

GST

It is a taxation method in which the individual or organization who is in charge of making certain payments deducts the necessary tax before...

GST

What is TDS traces? When it comes to the extension of TRACES, it is TDS Reconciliation Analysis and Correction Enabling System. TDS traces is an online...

GST

What is Section 194J of Income Tax Act? When it comes to the collection of taxes in the nation, the deduction of 194J TDS or tax...

GST

Every taxpayer from whom TDS has been deducted will be required to file a TDS return with the IRS. They must be filed at...

GST

What is Profit and Loss Account? A Profit and Loss Account is a kind of financial statement that states the outcome of business tasks...

Accounting

The Fund Flow Statement is beneficial for performing long-term analysis. It is an extremely important tool in the hands of management for evaluating the...

Accounting

What is MIS report? When it comes to the MIS report, it offers a detailed and bulletin image of distinct verticals that are needed to...

GST

What is Export of services under GST? As per Section 2(5) of IGST “export of goods along with the cognate expressions and grammatical variations, means...

GST

Check out some of the features of GST in India which are as follows:  GST would only be applied to the supply of goods or services...

GST

For the purpose of putting GST into effect, the Constitutional (122nd Amendment) Bill (CAB) was introduced in the Parliament and passed by the RajyaSabha...

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