by A. Subramani | Nov 20, 2023 | Accounts
Tally stands out as the primary accounting software in India, widely adopted by a majority of businesses. Aspiring accountants are advised to prioritize Tally proficiency, given its prevalence and global recognition with over 1.8 million users in India. The software...
by A. Subramani | Nov 20, 2023 | Accounts
Outsourcing accounting and tax preparation services has manifold benefits for businesses seeking to enhance efficiency, reduce costs and ensure compliance with ever-evolving landscape of tax regulations. Following are the top reasons why outsourcing these services...
by A. Subramani | Aug 12, 2023 | Accounts
Effective October 1, 2023, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a significant notification, numbered 37/23 and dated August 4, 2023, outlining a specialized procedure for Electronic Commerce Operators (ECOs) concerning the supply of...
by A. Subramani | Aug 9, 2023 | Accounts
NOTIFICATION number 36/23 Dated August 4, 2023, Central Tax. This notification is effective from October 1, 2023. CBIC notification for ECOs in respect of goods supplied by them by composition dealers. It is proposed that: • ECO shall not allow interstate supply by...
by A. Subramani | Jul 21, 2023 | Accounts
We would like to bring your attention to the Provident Fund Act, a Central Government legislation that binds entrepreneurs who employ a specified number of employees. From an employee’s perspective, it serves as a Social Security Act, providing a lump sum amount...
by A. Subramani | Jul 21, 2023 | Accounts
We would like to bring your attention to the ESIC Act, a Central Government legislation that binds entrepreneurs who employ a specified number of employees. From an employee’s perspective, it serves as a Social Security Act, providing a lump sum amount upon...