Blogs

”Increased tax collection will help the nation to expand its economic horizons and take it to loftier heights” – Mr. Arun Jaitley

”Increased tax collection will help the nation to expand its economic horizons and take it to loftier heights” – Mr. Arun Jaitley

NEW DELHI: India’s monthly goods and services tax (GST) collections crossed Rs 1 lakh crore for the first time in April, indicating that the indirect tax regime was stabilising and that economic revival was picking up pace. GST was rolled out across the country on July 1last year.  Gross GST revenue in April stood at Rs 1.03 lakh crore, the…

Read More

GST council to discuss simplifying returns on 4 May, converting GSTN into government company on agenda

GST council to discuss simplifying returns on 4 May, converting GSTN into government company on agenda

New Delhi: Finance Minister Arun Jaitley-chaired GST Council will meet on 4 May to discuss a simpler return form and the amendments required in the indirect tax regime rules. The 27th meeting of the council, comprising state finance ministers, will meet through video conferencing and will also mull over the proposal of converting GSTN into a government company. A decision on…

Read More

Accounting Software & Business Growth

Accounting Software & Business Growth

There is nothing worse than a business that doesn’t have a strong grip on its financial situation. A good business accounting ERP software is programmed in such way that it would enable you to manage your businesses financial transactions. With ERP and accounting software it is easier to stay organized, ensuring that you know where you stand at all times…

Read More

GST and Rural Economy

GST and Rural Economy

Most of the awareness programs on GST by our Government held in urban areas. However, the traders of rural areas are still unaware about benefits of proper accounting and taxation. Most of the rural traders are still not using any type of accounting software for their business. Our government has now started many initiative programs to educate the traders on…

Read More