The Legal metrology Act

The Legal metrology Act – Today we are discussing about this Act.  This was introduced in 2009 and came into force from 1st April 2011 to replace the Weights & Measures Act of 1976. The main agenda of the Act was to enforce the standards of Weight &...

SEZ, EOU, STPI, EHTPI

SEZ (Special Economic Zones).  SEZ has two types namely, SEZ developers and SEZ units.  Today, we are not dealing with developers.  We are going to explain only about SEZ units.  However, SEZ developers are the people who provide...

THE ART OF BEING A GREAT ACCOUNTANT

Looking forward to building your career in accounts?  Understand the reasons for failure in interviews.  Did you know that most of the companies that take young passouts as Accountants, say out of 100 companies 95, use Tally as their accounting...

GST-FEW KEY TAKEAWAYS FOR ACCOUNTING

GST – is now entering the fifth financial year, went through a lot of hurdles, changes, faced economic recession, COVID threat, nearly hated by all stakeholders, stood resolute and determined. Our KEY takeaway thus far from GST with respect to ACCOUNTANTS &...

ACCOUNTING-the art, TALLY-THE TOOL

Recently several Accountants asked me why TALLY is the preferred software used by most entrepreneurs. The one answer that came to my mind was that TALLY has stood the test of times & worked with MSME to provide the reliability. It corrected itself to provide value...

TDS (Tax deducted @ Source)

Dear Young Accounting Aspirants, today let us talk on TDS which is also tedious for many of us including Professionals. The full form of TDS is Tax Deducted @ Source. Let us interpret this in more detail.  Deducted @ Source means deduction at the time of...