Tax Incentives Under the Startup India Action Plan
“Are you a small business owner in India looking for ways to reduce your tax burden and invest in your […]
Profit Maximization vs Wealth Maximization
Profit maximisation and wealth maximisation are two different approaches to business. The main focus for any business is profit maximisation,
Meesho Seller Registration
What is Meesho? Meesho is the biggest and most reputable reseller marketplace in India. It is an e-commerce platform where
Letter of credit
What is letter of credit? A letter of credit, or LC, is a legal document that ensures the buyer will
Bill of Supply
What is a Bill of Supply? A company that is GST-registered sends the purchaser a tax invoice. Such an invoice
QRMP Scheme
The Indian government has introduced the QRMP plan to make it easier for small business taxpayers to file taxes. What
Days Sales Outstanding
Definition of DSO Days Sales Outstanding (DSO) measures the average time it takes a business to get payment from a
Types of Invoices
Types of Invoices You Must Know Different types of invoices are used for different business transactions. Each type of invoice
The Importance of Cost Accounting
What is Cost Accounting? Cost accounting is a method used in business to track, analyse, summarise, and research a company’s
