The secret sauce to success of your business lies in the small details of your business. It lies in how you manage your operations, your resources and most importantly, your…
Before 2017, India and its citizens were governed under the multiple indirect tax system. This system paved deep paths towards tax evasion and avoidance. On 1st July of 2017, the…
Any business owner that trades in goods and services within the territories of India has to obtain a GST Registration, if they fulfill the eligibility criteria. This is core to…
The chase for obtaining outstanding payments from clients is very common among business owners. However, did you know that even those minute follow ups can gradually start taking up to…
Manual invoicing refers to the traditional way of sending and receiving invoices in a business, without any external support from specialised software. In this traditional method, you do everything from…
When you buy something on credit, the pending bill remains an outstanding liability for you. This is equally applicable in personal as well as business finances. Bills payable refer to…
Today, we have software for everything. Want to book tickets for a movie? Download an app and boom, it's done! Want to get married? Register online and find your…
Introduction to GST Litigation Litigation is the process of one party bringing another to the court, by suing them, ie., taking a legal action. The indirect tax regime of GST…
Introduction to GST Transactions Input Tax Credit (ITC) as a concept is complex to understand even theoretically. To simplify this process, and create a seamless flow of ITC for business…
Introduction Today, anywhere you go, you’ll realise that digitization has taken over. Whether you want to book a train ticket, or a hotel room 5000 miles aways, everything is easily…
Business and taxation go hand in hand. With the surge of development, India also faced troubles like tax evasion. Consequently, the existing indirect tax regime was quashed. This came with…
Paying the taxes is complex. However, making mistakes in paying these taxes will create more complications for you. Moreover, the goods and services tax is levied based on the rules…
A place of supply is the final location where goods and services are being delivered after a sale or purchase. For a beginner in the world of business, the place…
Prior to 2017 there was a complicated web of various taxes applicable to all goods and service providers across India. With an aim to make things less complicated for India…
At a glance, the process of valuation seems simple. However, it is more than just putting a price tag on your business. The process is very meticulous and involves tons…
Whether you’re a business or an individual, knowing the worth of your assets is equally important. Wondering why? Hmm… let’s see. Both individuals and business owners have their worths measured…
To know the true value of an asset, you will have to check its components. Similarly, when considering asset valuation, you need to check many different components to finally derive…
Business valuation is the process of deciphering the current value of an entire business. This process includes asset valuation, financial valuation, and valuation of other securities. When you decide to…
The dictionary definition of an asset states that it is something of value. Many different internal and external factors contribute to the creation of an asset. So, when you want…
You purchase any product, property or service after contemplating its value and worth. So, what happens if you make a purchase and find that the product is not worth its…
Imagine being in a dense forest and getting lost. The first thing you will do is pull out your phone and check the maps for directions. This will help you…
When you go out shopping, you come across many vendors. Yet, you somehow figure out which vendor you may want to shop from, by calculating a lot of different things.…
Every piece of thing or material in this world has a value. In certain situations, it becomes necessary to know the value of a thing. In the business domain, a…
The term ‘valuation’ is gaining popularity in the business world these days. Especially with the immense growth of the startup and business ecosystem in India. As the concept of valuation…