How to Calculate GST? GST (Goods and Service Tax) Guide 101?
Table of Contents How to calculate GST? Implemented in 2017 with an aim to simplify the burdened taxation system of India, Goods and Services Tax is one of the most…
Read more »GST – Meaning, Advantage, and Component of Goods and Service Tax.
The full form of GST is “Goods and Services Tax”. The journey of GST in India began in 2000 when the govt. set up a panel for drafting the law. It took 17 years for the law to evolve, and was finally implemented on 1st July 2017.
Read more »MSME Definition, Role and Importance – all you need to know.
Table of Contents What is MSME? MSME stands for Micro, Small and Medium Enterprises. MSMEs are primarily engaged in producing, processing, or preserving products and materials. In India, MSMEs contribute…
Read more »How to avail Input Tax Credit (ITC) if Supplier has not uploaded Invoices?
Table of Contents What is the Input Tax Credit (ITC)? The Input Tax Credit (ITC) is the tax paid on the purchase of goods or services, which can be set…
Read more »MSME Classification – all you need to know.
The Government had always been working for the benefit of Micro, Small, and Medium Enterprises (MSMEs). Along with this Government also provide many services to MSME registration. In India, when…
Read more »GST Calculator: An Easy Way to Calculate GST
Calculating GST may be easy for the commerce guys. But others may find it confusing. If you are one of them, don’t worry. A GST Calculator is the solution to…
Read more »Budget 2021: Top 10 important highlights for SME and Startup.
Budget 2021 is the first paperless budget by the Finance Ministry. There have been many initiatives taken to strengthen SME and Startup sector. Here’s Key highlights for SME and Startup,…
Read more »Union Budget 2021: What SMEs and Start-ups can expect?
The year 2020 was a global challenge to all due to COVID-19 pandemic. As per the National Statistical Office, India’s GDP contracted by a record 7.7% during FY-2020-21. With the…
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