Voluntary GST Registration Application Guidelines Every business that has no prerequisite to register under the Goods and Services Tax can voluntarily register themselves under the latest tax system. In India, multiple businesses choose Voluntary GST Registration to conquer the falls of the composition scheme. Any company whose turnover does not go beyond the 20-lakh limit…
Business Climate: COVID-19 Affects Accounting Standards in India COVID-19 affects accounting standards of the biggest businesses in the country. India, which serves as the home of millions of foreign companies, in what was once the favourite place to do business, suffered more than other Asian countries. The onset of the deadly virus from Wuhan, China…
Evolution Leading to Outsourcing Accounting Work: Why Outsource Your Accounting Needs in India? Outsourcing dates back after World War II. Businesses struggling to get back on their feet thought of a way to make both ends meet. Outsourcing provided struggling businessmen with the lift amid limited available resources. To them, this system gives them the…
Factors to Consider While Choosing an Ideal Indian Bank to Open a Corporate Account Banks exist to secure whatever we want to keep safe from any untoward circumstances – manmade or otherwise. The practice of putting whatever we want to save in the banks dates back shortly after our forefathers introduced the use of currency…
An Overview of Some of the Tips on Real Estate Bookkeeping in India Conducting real estate bookkeeping in India allows companies to track their income and expenses to determine general financial performance. Organizations seeking to save on their overhead costs always outsource the services to experienced service providers. 3E Accounting India is a business solution…
Forming a Private Limited Company Has Many Benefits A private limited company is a business entity that is formed with a minimum of two directors and two shareholders or members. Opting for the right structure is vital as it can have permanent tax and legal consequences on your business. You have to choose a business…
Exciting Benefits of Limited Liability Partnership Limited liability partnership is a business alliance where the partners have s limited liability. LLP is a business structure that combines the flexibility of the collaboration and ensures the partners to seek more profit. One of the significant benefits of a Limited liability partnership is, it plays a leading…
Awareness and the Impact of the Current GST Rates in India The GST council proposed GST rates in India on 18th March 2017 that would be applied to all goods and services. The various goods and services were divided into different tax brackets, which were 5%, 12%, 18%, and 28%. The New GST Rates…
Various Government Schemes for Indian Entrepreneur Several government schemes for Indian entrepreneurs are available to encourage them to set up businesses. India is known for its business-friendly atmosphere and keeps providing subsidies and incentives for the growth of industries. As a businessman, you must always be updated about the various government schemes since it will…
Lijjat Pappad and Shri Mahila Guru Udyog are Committed to Women Entrepreneurship Women’s participation in society has come a long way since independence. We can see women from every part of the society participating and rising to the top in all life. Be it administration, business, science and research, accounting, name it, and you will…
