Are you stuck because you do not know how to start an online store for your business? No wonder, it is difficult to decide that you should go with an online store or not. If you want to start your own online store with peace of mind you are at the right place. Vyapar application gives an opportunity to all… Read More »How To Start An Online Store For Your Business In Vyapar?
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A place where you get to read the latest GST news, business trends, market changes & more. Become a well-informed smart Vyapari :) Take your business to the next level with the help of the right information.
GST E-Way Bill needs to be generated on the GST E-Way Bill Portal, but now you can Generate E-way Bill from your Vyapar Billing Software in a single click just after you make the invoice and you can share the invoice with the E way Bill no. with your transporter. If you are registered Under GST, You should carry an… Read More »How to Generate EWay Bill From Vyapar? All About Eway Bill!
Now you can share a creative and professionally designed Greetings with your customer at no cost. These Greeting messages go with your business name, business logo and a customized message. Vyapar application lets you share Greeting messages with your clients on WhatsApp. # Benefits of Sharing Whatsapp Greeting – Greeting messages are an effective and easy way to greet your… Read More »How to Send Free Whatsapp Greeting Messages?
Do you have a Restaurant Business? Are you using Free Billing Software? Searching for a best restaurant billing software? Confused with the accounting of your restaurant business?No worries!Here you can keep your restaurant business on your fingertips with the Best Restaurant Billing Software. Also Download Free Restaurant billing software in mobile now. # Download Vyapar Software To download Vyapar software… Read More »How to Use Vyapar for Your Restaurant Business In Simple Steps?
GST composition taxpayers can now file their GSTR-4 Annual Return using the offline tool provided by the Finance Ministry of India on the official website of GST. The offline tool is in an excel format and can be downloaded from the GST portal. The following are the steps to be followed to file your Annual Return GSTR-4 using the offline… Read More »How to Prepare GSTR-4 Annual Return for Composition Taxpayers using Offline Tool?
Vyapar provides you Billing, Inventory management and Accounding for your medical shop and pharmacy business. Know How? # Download Vyapar Software To download Vyapar software Click on “Download Now” After the completion of download, Install it and login with your details > Select Your Country > Click on “Select” Button. Welcome to Vyapar. You Have received a 30 days… Read More »How to Use Vyapar for Your Medical/Pharmacy Business In Simple Steps?
COVID-19 has taken a toll on how normal businesses function. There has been a drastic change in the buying patterns of most of the customers. Essentials over luxury is the new mantra that many follow. How can small businesses leverage this situation? How to get back on your feet during-COVID 19? How to make additional income? These might be a… Read More »Tips For Small Businesses to Grow During COVID-19
As the saying goes “A big business starts small”. A smart businessman is the one who does it all but in an efficient manner. He uses all types of innovation and technology to better his business from time to time. Hard work has no easy roads, it has to be done to reach where you want to reach. But if… Read More »3 Technologies Every Small Business Should Use to Grow Faster
A creative, well-designed and professionally printed Business/Visiting card is a great way to get referrals. Visiting Card gives the business details such as business name, email, address etc. Visiting cards are effective and easy to produce at little cost compared to other forms of marketing. But here with Vyapar, it is costless. Vyapar application lets you Create your Visiting Card… Read More »Now Be More Professional By Sharing Your Business Card From Vyapar
Using invoice Templates/Themes for your business makes sure your invoices are consistent and you are not missing important information. These themes making your invoicing more professional and Clear to the receiver. Also, the Vyapar application lets you customize your invoicing options according to your brand. So here Vyapar updated two latest themes to give your invoice a Professional look. Benefits… Read More »Make Your Invoices More Professional With New Invoice Themes in Vyapar
The time limit to file GSTR-4 annual returns for the FY 2019-20 by the composition taxpayers has been extended till 31st October 2020 via the Central Board of Indirect Taxes and Customs (CBIC). The original deadline for filing the return was July 15, which was earlier extended till August 31. The Central Board of Indirect Taxes and Customs (CBIC) in a… Read More »Good News for Taxpayers Under Composition Scheme – Due Date of GSTR-4 Extended
To opt for a composition scheme you has to file GST CMP-02 with the government. This can be done online by logging into the GST portal. This intimation should be given at the beginning of every Financial Year by you to opt for the Composition Scheme. Here is a step by step – Step 1 – Login to GST Portal.… Read More »How you can opt for a composition scheme in simple steps?
Under GST, transporters should carry an E Way Bill when moving goods whose value exceeds Rs. 50,000 from one place to another. GST E way bill needs to be generated on the E Way Bill Portal Download Vyapar App You may want to read this: How to Generate EWay Bill From Vyapar? All About Eway Bill! What is an E-way… Read More »5 Easy Steps to Generate E-Way Bill on the GSTN Portal
If you’re a taxpayer filing your GSTR 1, GSTR 2, GSTR 3 regularly, then you must file GSTR-9 for the Financial Year 2018-19 by September 30th, 2020 via notification number 41/2020-central tax. Therefore it is mandatory to file the GSTR 9 annual return form and GSTR 9C audit reconciliation form as soon as possible to avoid any penalties. Download Vyapar App… Read More »6 Simple Steps to File GSTR-9 Online
40th Meet of the GST Council post the Covid-19 lockdown was held on Friday, 12th June 2020 at new Delhi via video conferencing. Smt. Nirmala Sitharaman the Union Finance Minister chaired this meeting. The council decided to ease the burden of Small taxpayers by providing relief on late fee and interest payable on late payments Key Highlights of 40th council… Read More »40th GST Council Meet Completed With Relief For Small Taxpayers
On Tuesday 13th May 2020 finance minister Nirmala Sitharaman said that the Aatmanirbhar Bharat rests on five pillars: Economy, Infrastructure, Technology-driven systems, Demography, and Demand. The focus will be on factors of production: Land, Labour, liquidity, and Laws. “The intention behind this is to make local brands global.” This thought and implementation is in favor of all MSMEs. They have… Read More »Major Steps Taken By The Finance Ministry For Revival of MSMEs
Union home ministry on Friday, 24th April 2020 announced that a few more shops that come under the non-essential category can be opened with immediate effect. The shops that are included in the list to open from Saturday, 25th April 2020 only include standalone shops which are located near residential areas within or outside the limits of the municipality and… Read More »Govt. Allows Some Shops To Open: What Shops Can & Cannot Open?
Being a businessman comes with a lot of perks as well as loads of work. Managing it all together is surely a talent. What if we tell you there are apps that will help you to manage your business, market your business and bring in your customers together? Yes, you heard that right. Maybe you are already using those apps… Read More »5 Apps Every Businessman Should Use
Success comes to those who seek it. More like success comes to those who work for it. All successful businessmen have one thing in common: their undivided determination to work to achieve their goals. Here are 5 habits that will make you a successful businessman as well as a successful person in your life. 1. Follow the Mantra of 8… Read More »5 Habits Of A Successful Businessman
“Close Book” is an important part of financial year-end procedures for every business. # So, what is this “Close Book”? “Close Book” is the accounting process where you clear your previous year account balances (of the income and expense accounts/ payments and receipts accounts) and you start fresh again!!! # Why “Close Book” Is Important For Your Business? 1. Doing… Read More »5 Reasons Why It Is Important To Close-Books Of The Financial Year & How?
# – Share Products/Services Online With Image A product image is important, as it creates a good impression on the buyer. An image enhances the product description which makes it easy for the Customer to appeal you and save your time. A buyer closely checks the product images by zooming them, these images give them an idea of how it… Read More »Latest Update – Now Share Products Online In One Click With Updated Feature
GSTR-9 is an annual return form to be filled by every taxpayer. Struggling with GST reports? Confused about how to generate it? Supposed to file GSTR 9 before the deadline, but do not know how? Worry Not! All you need to know about GSTR 9 is here. [*Latest Update as on 14th March 2020] In the 39th GST council Meet the Govt. has extended the… Read More »What is GSTR-9? Who Should File, How to Generate, How to File & Due Dates
Have you ever thought “Why rich stay rich and poor stay poor?” Well, the answer is money management. Earning money will not make you rich. No matter how much you earn, if you don’t put it into good use then it is like filling a bottle with a hole, it will never be full, no matter how much you fill.… Read More »5 Easy Ways To Maintain Your Wealth
All you need to know about “Know Your Supplier” scheme All you need to know about “Know Your Supplier” scheme “Know Your Supplier” scheme under GST came out in a recent GST council meeting held in Delhi headed by Union Finance & Corporate Affairs Minister Nirmala Sitharaman. What is the “Know Your Supplier” Scheme?The new facility called “Know Your Supplier”… Read More »How “Know Your Supplier” Scheme Under GST Will Work For Taxpayers?
39th GST Council meeting held on 14th March 2020 at New Delhi. Smt. Nirmala Sitharaman the Union Finance Minister chaired this meeting and she was expected to rationalize tax rates on five sectors, including mobile phones, footwear, and textiles, and defer implementation of the new return filing system and e-invoicing. Here are the Highlights of 39th GST Council Meet: … Read More »Latest GST News – 39th GST Council Meet Key Highlights
1. Find out the more accurate and complete list of expenses you are spending the highest money on. It helps to measure & control unexpected expenses.2. Keeping expenses under check making it easier to look for possible fraud made by employees filling the reports and the accounting staff. 3. Having faster reports provides the opportunity to verify whether the expenses made… Read More »4 Reasons To Keep Your Business Expenses Under Check
Struggling with GST reports? Confused about how to generate it? Suppose to file GSTR 3B before the deadline, but do not know how? Worry Not! All you need to know about GSTR 3B is here. What is GSTR – 3B? GSTR-3B is a monthly self-declaration return. It has to be filed by every GST taxpayer. GSTR3B is a summary return of… Read More »Latest GST News – What is GSTR 3B? Who Should File, How to Generate, How to File & Due Dates
1. Find out which items are your highest selling items. Often you can ask for Offers / Deals to suppliers of these items. It helps to boost customer engagement and business Profitability. 2. Find out which items are your least selling items. These items can be a reason for the loss in business. Take feedback on these items from customers and… Read More »Why Tracking Most / Least Sold And Purchased Items Is Important for your Business?
1. Find out which items are mostly in demand by your customers. If it is not delivered on demand, they might purchase it from somewhere else.2. Assure your customers that their time is important for you by delivering the items on time.3. Ensure that all the items you deal in should always be available in stock according to Demand &… Read More »Losing Customers Regularly? Know Why and How To Avoid It
1. Regular Monitoring of sales helps you keep track on paid / unpaid/overdue invoices. It helps to remind and collect payments 2x faster.2. Proper Records and reports of sales help you get Business Loans faster. This allows you to constantly expand and grow your Business.3. It is important to track Sales Returns as well. If Sales Returns are high, take… Read More »5 Reasons Why Sale Invoices Are Important And Why Should You Track Them?
1. Count and record each of your item’s opening and closing quantity for the day. 2. Track how many of each item you purchase and sell on a regular basis. 3. Conduct regular inventory checks to stay on top of your inventory movements. 4. Update your stock levels after every sale and purchase. This way, you can know ahead of… Read More »7 Steps To Detect & Prevent Inventory Fraud/Theft.
1. Figure out who your most profitable customers are. Offer them special deals on their regular buying items. Stay flexible with payments. 2. Communicate often, notify them about your upcoming business sales. 3. Learn what else they need from you. Make way for more business. 4. Sending personalised wishes to them on holidays adds value to your relationship. 5. Figure… Read More »7 Tips To Boost Your Business By Building Party Relationship.
1. Find out to whom you’ve sold your items the most. They are your loyal customers and hence valuable ones. ✔ Offering them better deals will boost your sales by almost 50%. 2. Find out to whom you’ve sold your items the least. They might be unhappy with your products/services and hence are the greatest source of learning. ✔ Ask… Read More »Where To Look For Your Most/Least Valuable Customers & Why
1. Ye aapko pehchanne mein madad karta hai ki “kitna amount aapko collect karna hai” aur “kitna amount aapko pay karna hai” 2. Aap apne business ke cash flow par behtar niyantran prapt kar paenge. 3. Spasht roop se aapke business ka income aur profitability dikhata hai 4. Yadi aap ye track nahi karte hain to aap kuch grahako ko… Read More »Account Receivables aur Payables Track Karna Business ko Grow Karne ke liye Kyu Important Hai?
1. It helps you identify the “amount you should collect” versus the “amount you should pay”. 2. You’ll gain better control over your business cash flow. 3. Clearly indicates your business’s income, shows profitability. 4. If you don’t track them, you may forget to bill certain customers and end up giving away products for FREE. 5. Tracking them helps you… Read More »Tracking Account Receivables & Payables Is Important To Grow Your Business!
1. If you’re GST registered, then tax authorities demand these details from you. 2. It tells you the exact “tax credit” you need to claim. 3. It gets easy to validate your GST report against this to correct any errors. “Tax Rate Report” of Vyapar App gives you the summary of taxes collected & paid, organised by the tax rate.… Read More »3 Reasons Why Businesses Should Track Tax Collected & Paid!
1. Track your incomes and expenses. 2. Evaluate where your money is going the most. 3. Know which costs are safe to cut, and by how much. 4. Eliminate any expenses that exceed the value. 5. Invest more in something that brings value. 6. Check for sources that can offer lower-priced alternatives. 7. Reallocate money to spend it more wisely.… Read More »Business Expenses Piling Up? Here are Smart Steps to Cut Them Down.
1. Regularly count your inventory to ensure nothing’s gone missing. 2. Record product details like Expiry date, batch number, etc to easy-pick the right ones while selling. 3. Track sales, update inventory totals on a regular basis. 4. Evaluate what products are moving and what is not. Stock items accordingly! 5. Sell Old/Expiring stocks before new ones. 6. Predict demand… Read More »8 out of 10 Businesses Face Inventory Losses! Here’s How To Avoid It!
1. Pehchane ki sabse accha kaun sa item bikta hai aur kab. Items unki demand ke hisaab se stock karein 2.Aapke niyamit grahak kya chahte hain aur unko kin cheezon ki zaroorat hai, is par hamesha dhyaan de 3. Apne grahako ki “kharch karne ki kshamata” ko samjhe. Wo items stock karein jo unki pahunch ke andar hai. 4. Ek… Read More »Aisi Inventory Chuniye Jo 2-Guna Jaldi Sell Ho! Follow Kijiye Ye 6 Aasan Steps
1. The total value of sale discounts per month. 2. Growth in business sales due to discounts. 3. Quantity of discounted items sold per month. 4. Amount gained or lost by discounting. 5. Gross Sales & Net Sales Income for that month. “Discount Report” of Vyapar App provides these business insights by automatically tracking all your sale/purchase discounts Where to… Read More »Giving Away Discounts? 5 Things You’ll Find Out By Tracking Them!
1. Identify what sells best and when. Stock items by their demand. 2. Never miss out on what your regular customers want and need. 3. Understand the “spending potential” of your customers & stock items that are priced within their reach. 4. Create combos packs of items that tend to be purchased together. 5. Watch your competition: If they’re selling… Read More »6 Easy Tips To Pick Inventory That Sells 2X Faster!
1. Aapke grahak jo chahte hain, usse stock mein nahi rakhna.2. Shop mein naya stock saamne rakhna aur purane unsold products peeche rakhna. 3. Zaroorat se zyaada ya zaroorat se kam stock rakhna.4. Inventory ya stock manage karne ke liye Inventory Software nahi apnana Vyapar App ka “Stock Summary Report” aapko iss tarah ki galtiyon se bachne mein madad karti… Read More »4 Badi Inventory ki Galtiyan jo Aap Apne Business Mein Kar Sakte Hain
1. Monitoring cash flow regularly helps avoid 55% of business risks.2. You can find out where you stand financially.3. You’ll know on what days sales are high/low.4. Measuring cash flow makes it 2X times easier to run your business.5. More than 90% of successful businesses track their income daily. “Day Book” of Vyapar App helps you track cashflow effortlessly Where… Read More »5 Reasons Why Tracking Cashflow Daily is Necessary For Business Growth!
Business! A place where you buy and sell items/services to make a profit. So, to know your gain, you must know “how much” and “where” you’ve spent. But, it’s not just for this reason you need to track your business purchases made. There are other advantages too. Download Vyapar App By Tracking Business Purchases, you can also You may be… Read More »5 Uses of Tracking “Business Purchases” You May Not Know About!
Yes! The “Balance Sheet” is Released. With this feature, Vyapar App helps you – Easily understand your business’s financial status and make informed decisions. Improve your business’s operational efficiency, borrowing habits, and overall financial health. To get this feature, upgrade to the latest version (13.3.0) of the Vyapar App. Download Vyapar App For Desktop Version – ✔Go to https://vyaparapp.in/ and… Read More »Balance Sheet Feature – Now LIVE on Vyapar App!
Not every small business owner has enough money to meet all their needs. Many of them have little option but to borrow money to meet and grow business to the extent they want to. Back then, taking a loan was a way to misery, something that you did when you could not manage your business finances yourself. However, times have… Read More »8 Important Things To Do Before Applying For A Business Loan.
Applying for a business loan? Looking to grow your business but do not have the savings to get up and running. This is where business loans come in. But like most good things, business loans don’t come easily. Getting a small-business loan isn’t a piece of cake! Especially for small businesses, the lending standards of banks are really tight. Well, although getting approved for… Read More »5 Must-Have Financial Documents To Get A Business Loan Easily
Every bank checks how reliable you’re when it comes to paying back. Low CS or no collateral says you’re not trustworthy. The FIX: There are more options out there for you than ever before. Try banks that have no such constraints Download Vyapar App If you’re not consistently making profits, that can be a red flag. This says that you’re… Read More »5 Reasons For Your Business Loan To Be Rejected: What You Can Do About It
This is great news! But, not everyone will have cash-in-hand to make it happen. Take a loan to finance your big move. Found more areas that have demand for your products/services? It’s time to set up your branches. Don’t fear the risk. Multiply! No money to buy products that’ll be on-demand in the upcoming holiday season?… Read More »5 Good Reasons To Take Out A Business Loan
How many customers have you sent back because the product they came for was out-of-stock? Let me tell you this, losing customers is more than losing sales. Unavailability of your products results in lost sales, lost reputation, lost customers. Out-of-stocks are a critical problem for everyone, especially retailers. If you’re into business for some time now, you’ll know that under-stocking… Read More »How Inventory Software Helps You Avoid Loss of Sales due to Out-of-Stock
Inventory is nothing but CASH sitting on the shelf! If inventory management isn’t done right, you’ll lose your cash. If you’re a retail business, it becomes even more important. You may have to pick stocks nearing expiry dates and sell them first before others to avoid wastage that burns your profit. It is not simply said that inventory management is… Read More »How “Stock Summary Report” Helps you in Inventory Management
Not sure if you have to file GSTR-9 this time? Here’s what you must know. Download Vyapar App Who are required to file GSTR-9? ✔ A registered taxpayer who is a normal taxpayer including SEZ units and SEZ developers. ✔ A composition taxpayer who opted out of the scheme in the middle of the year and continues to be registered under GST.… Read More »Who must file GSTR-9?
What is an E way bill? Under GST, transporters should carry an eWay Bill when moving goods whose value exceeds Rs. 50,000 from one place to another. GST E way bill needs to be generated on the eWay Bill Portal. * E way bill is used to monitor the movement of goods to/ from a state in order to check… Read More »What is an E-way bill? When and who should generate it.
Struggling with GSTR returns? Confused about the way GST works? Suppose to file GSTR 3B before the deadline, but do not know how? Worry Not! All you need to know about GSTR 3B is here. Download Vyapar App What is GSTR-3B? GSTR-3B is a monthly self-declaration return that has to be filed by every GST taxpayer. GSTR3B is a summary… Read More »What is GSTR 3B? Who should file, how to file, due dates & late filing fees.
Are you new to GST? Are you confused with the way GST works? Are you suppose to file GSTR1, but do not know how to? Don’t worry! All you need to know about GSTR-1 is here. Every taxpayer under GST should submit details of their business sales with the government by filing GSTR-1. This is MANDATORY! Download Vyapar App What… Read More »What is GSTR 1? Who should file, how to file, due dates & late filing fees.
Check out today’s market rates of Gold, Silver, Petrol and other top commodities. Download Vyapar App Stay updated about the Market Rates on Vyaparapp.in. Download the BEST GST Accounting Software Happy Vyaparing!!!
The New GST Rules are: ✔ GSTR-3B not filed for 2 months: You’re not allowed to generate e-way bill. ✔ GSTR-3B not filed for 3 months: Your GST registration will be cancelled. Download Vyapar App What does this mean? ✔ Businesses who have not filed their monthly GST Return (GSTR)-3B for September and October 2019 is blocked from generate eWay bill from December 3rd… Read More »No eWay Bill if you haven’t filed your GSTR-3B
Does your business turnover exceed Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states)? If Yes, then GST registration is not an option, it’s mandatory! If you’re new to GST and do not know where to get your GST registration done, this piece of content makes your life easy. Download Vyapar App Here are the Steps to Complete… Read More »How to Apply for GST Registration Online in India?
Carrying cash is becoming a rare thing these days! With the rise of new mobile and digital payment options like Google Pay, Paytm, Amazon pay, cash payments are only going to become less common. In fact, it is estimated that the use of mobile payments is estimated to increase to 60% in 2022, surpassing cash payments. Download Vyapar App Given this trend,… Read More »7 Reasons your Small Business Should Accept Digital Payments
Vyapar App’s Complete Feature List: All About the BEST Billing Software for Small Businesses in India
Vyapar is a GST Business Accounting Software. With Vyapar App, you can make & share Invoices on WhatsApp, manage stocks/Inventory, make estimate bills, generate GSTR reports, track unpaid invoices, send payment reminders and collect payments directly online using UPI payments. It has other features like business expense tracking, daily sale purchase record, shows profit and loss report. Download Vyapar App… Read More »Vyapar App’s Complete Feature List: All About the BEST Billing Software for Small Businesses in India
✔ SMEs in developed countries is technology forward. This gives them a competitive advantage. They serve customers better and on time. They use technology to notify customers about new deals and discounts. ✔ Tracking inventory, generating bills, collecting payments happens digitally. They save time a lot of time just by simplifying and automating routine tasks. Cool, isn’t it? Download Vyapar App You may… Read More »14 Things Indian SME should learn from SMEs of Developed Countries
When it comes to growing your retail store, one of the biggest challenges is to manage your inventory right. Inventory is your money sitting on your store’s shelves, if you don’t keep track of them, you will be at loss mainly due to stock-outs and overstocks. To track down the sold products, check what’s remaining every time you make a… Read More »10 Benefits of using Inventory Management Software for your Retail Store
Are you manually maintaining a ledger for all your business purchases? It’s still fine when you’re just starting off, but as the business grows, you’ll find yourself no longer able to watch every rupee spent. Not just that, a lot of things need to be done over a purchase transaction – Create purchase order, follow up till the items are… Read More »8 Ways a Billing Software Helps you Manage Business Purchases Better.
Due dates for filing GSTR-9 & GSTR-9C for the FY 2017-18 is extended from Nov 30th, 2019 to Dec 31st, 2019. And, GSTR-9 & GSTR-9C for the FY 2018-19 is extended from Dec 31st, 2019 to 31st March 2020. You should now use the additional time to address your concerns and ensure the returns are filed before the extended due… Read More »GST Latest News: GSTR-9, GSTR-9C Due Dates Extended (again!)
Download Vyapar App There are so many people who dream of starting their own business. It becomes difficult to decide on one when you have so many options. It is very important to choose the right business idea. You might not fit in all the businesses. Which business idea is best for you, can be decided on the basis of… Read More »8 Small Business Ideas For Men
Gone are those days when only men were into business. Now we can find many women entrepreneurs. LFPR (labour force participation rate) of women in India has been improving. We can find women in almost every sector. Be it defence, engineering, medical or any other sector – women are everywhere. Download Vyapar App When we have women in every sector… Read More »7 Small Business Ideas For Housewives
Business is all about the market and market as we know is not stable. It’s not possible to predict market trends. The ups and downs in the market affect businesses both positively and negatively. Download Vyapar App Here are a few major parameters that affect market trends: Price and demand are interrelated and inter-dependent. Both go hand in hand. Changes… Read More »5 Ways Market Changes Affect Your Small Business
Have you ever seen someone running their business with ease? Very Few! Why? Because one has to be smart in handling the small business problems and challenges. It is estimated that 40% of small businesses fail in their very first year, 50% of them can’t make it beyond 2nd year of starting their business, they just close down. That’s a… Read More »10 Problems Every Small Business Face (And how to fix them)
Did you know 9 out of 10 small businessmen face cash-flow problems in their business at least once in a year? Of course, we need money to make money. Unfortunately, not all the loans are safe and easy to get! In the recent survey, only 2 out of 10 small business owners are successful in getting bank loans, rest fail.… Read More »3 Govt Schemes under which Small Businesses can apply Loan of up to Rs. 2 Cr
Download Vyapar App The Indian online marketplace is growing ever since it started. We’ve reached a point where there are approximately 250 Million Online Buyers in India alone. 4 out of 10 businessmen sell their products online and make 2 times more sales than the others. But, there’s a challenge! ✔ 3 out of 4 people in India choose cod option… Read More »6 Easy Steps to Sell Online with Cash-on-Delivery!
Download Vyapar App Struggling to keep your business going with less money? This is not just your problem, lakhs of businessmen in India are facing such cash-crunch problems. Some are running their businesses successfully in spite of such money issues, while many fail to! Here are 10 things you can do to cut costs and save money in your business.… Read More »10 Cost-Cutting Tips: Run your Small Business with Less Money
Download Vyapar App India still has its most population settled in villages. Villages have their own set of infrastructure which is different from the urban areas. It is true that business requires a special set of infrastructures and has its own different needs. But this doesn’t mean there are no business opportunities in rural areas. There are many business opportunities… Read More »10 Small Business Ideas that Work in Small Towns/Villages
Download Vyapar App The Big Indian Festivals are here. Needless to say, young, old, middle-aged men and women save up for these days. They buy new clothes, buy new jewelry, buy gifts, dress themselves up to celebrate joy while giving visits to their family, friends and relatives. Festival in India means busy streets and shops full of customers. Every year,… Read More »10 Tricks to Increase Sales during this Festive Season!
Download Vyapar App Wondering if you should market on social media like Facebook, Instagram, WhatsApp, etc.? What if I tell you that over 60% of users on social media discover products for the first time on social media. If you’re not taking advantage of social, you’re missing out on a fast, inexpensive, and effective way to reach almost half the… Read More »17 Reasons Why Every Small Business should Market on Social Media
Download Vyapar App The life of a small business owner is not easy! Luckily, the Government has a similar opinion. Many benefits are provided both by the Central and State Governments to promote the growth of small-scale businesses like yours. Here is a list of 15 Best Government Subsidy Loan For Small Business like yours in India #1. The Credit… Read More »15 Best Small Business Subsidy Loan you should know about.
Download Vyapar App Latest GST News: Govt restricts the ability of businesses to avail input tax credit (ITC) if their vendors fail to upload their invoices on time. Also, the ITC will be restricted on a monthly basis. So far, you might have been claiming ITC (input tax credit) based on your own invoices. For eg: You would claim credit… Read More »GST: You can’t claim ITC if your vendors fail to upload invoices
Download Vyapar App To facilitate the growth of Women Various Business Loans for women enterpreneurs in india offered exclusively to promote women entrepreneurship. Business Loans are the need of every single entrepreneur. There are over 8 million women entrepreneurs in India, with Tamil Nadu having the highest share. The role of women has changed drastically in the past few years… Read More »9 Trusted Business Loan for Women Entrepreneurs in India
Want to export your products and sell them to customers in a foreign country? You must know these before getting into the exporting business. What are the kinds of items that can be exported? Freely Exported Goods: Some goods do not require any license to be exported can be referred to as the Freely Exported Goods. Only an IEC (Import… Read More »Govt laws for Exporting Goods from India: Export Duties, Basic Requirements, Steps to Export
Want to purchase goods from a foreign country and sell them in India? This is all you should know before you get into the importing business. You need to pay taxes on imported items: Import Duties Let’s say you import “car tires” from the US, you need to pay the tax imposed by the US government on those car tires.… Read More »Govt Rules for Importing Items to India: Import Duties, Basic Requirements, Steps to Import
Download Vyapar App With the 37th GST Council meeting held on the 20th of Sept in Goa, there comes the latest GST news and changes. Smt. Nirmala Sitharaman, the Union Finance Minister, lowered tax on a number of goods and services to boost demand due to which small businesses like yours will enjoy the maximum benefit. Here are the highlights… Read More »Latest GST News: 37th GST Council Meet Key Highlights
In India, having small business insurance is not mandatory but it is necessary. If you are not insured, you might be risking your business. Moreover, the risk is higher in the case of a small business like yours, where 40% of them never get the chance to reopen after a disaster strikes. On the other hand, having insurance prepares you… Read More »9 Reasons why you should safeguard your business with insurance.
Download Vyapar App None of us can predict the future. We never know what happens next. Good or bad, we need to deal with what’s thrown at us. If you’re smart enough, you will prepare yourself for the bad things that can possibly happen to you and your business. Just like you, for many, business is their life. They earn… Read More »9 Types of Small Business Insurance and What it Covers
Download Vyapar App Not many know that an economic recession in India affects everyone negatively one way or the other. Yes, and sadly some industries are affected more than others. Many lose jobs, business sales go down, cash flow in the economy reduces. It is not wrong to say that small businesses like yours are often hit the hardest. Sadly,… Read More »3 Ways the Upcoming Recession in India Impacts Small Businesses
Download Vyapar App Undoubtedly, there is going to be a long recession in the upcoming days. Your customers will start cutting down their expenses and it’s going to affect you badly. It is not wrong to say that small businesses like yours are often hit the hardest during a recession. You may want to read this: 3 ways the upcoming… Read More »10 Steps to Survive a Recession and Grow your Business even in a Bad Economy!
I always knew that starting a business is no joke. There are a thousand things to worry about when starting up any kind of small business. But, one of the most important things to consider while starting a new company is to get your business legally registered or else you’ll be inviting unimaginable troubles from the government. Download Vyapar App… Read More »Legal Requirements for Business Registration in India
Before, taxpayers were to file GSTR-9 by August 31. Haven’t you filed your GSTR-9 yet? Worry not! The Govt has extended the last date of filing GSTR-9 (annual goods and services tax return) from August 31 to November 30. On Monday 26th Aug, FM Nirmala Sitharaman said “It is hereby informed that the last date for furnishing of annual return… Read More »GSTR-9 Deadline gets extended to November 30th.
Latest GST News: Finance Minister Nirmala Sitharaman has announced that all pending GST refunds will be paid to micro, small and medium businesses within 30 days. Further, all future GST refunds will be sorted out in 60 days, she said. Evidently, faster GST refund process can help MSMEs in many ways. Here’s how this latest GST news impacts your business:… Read More »Any pending GST refund gets credited to your bank account within 30 days
Photography is a popular profession in India. Moreover, a photo studio is a hobby turned business which is booming in recent times. Here are 10 Simple Steps to Start & Grow your Photography Business: These days, anybody with a DSLR camera calls themselves as a photographer. You may have to work a little harder to set yourself apart from the flock… Read More »10 Steps To Start A Photo Studio in India
Tourism is growing at a rate of 14% annually. Quite a popular business in India. Do you enjoy helping others have great experiences in traveling? Even if you don’t, consider Travel Business Opportunities. A travel agency is extremely profitable when done right. Here are 10 Simple Steps to Start your own Travel Agency Business: What kind of travel service do… Read More »10 Steps To Start a Travel Agency in India
Are you an expert in a particular field? If so, you can work as an advisor to companies or an individual and draw huge salaries out of it. You see, in this day and age, anyone can start a consulting firm. All you need to discover is what your particular gift is. In India, more people are getting into the… Read More »How to start your own consultancy Business in India or wherever you are!
Books certainly aren’t as popular as they once were. But if you have the right market and the drive, you can make it work. Here are 10 Simple Steps to Start your Bookstore Business: 1. Find the Right Place to set up your Bookstore business See if people in your community are actually interested in buying used books. Although a… Read More »How to Start a Book Shop in India
The Bad News: You are not allowed to make corrections in GSTR-9 after filing. Hence, it is always better to be careful while preparing your GSTR-9. Download Vyapar App Here are some of the mistakes you can avoid while filing GSTR-9: ✔ Not filing GSTR-9 before the deadline. 31st December is the final date to file your GSTR-9. There will be… Read More »How not to make mistakes in GSTR-9
Looking for new business ideas? Choosing to start your own Bakery Shop business is a wise decision I would say! Bakeries are quite popular in India. Almost every street in Indian cities has a bakery shop. Opening a bakery shop presents many unique challenges that are different from other types of businesses. Here are 13 Simple Steps to Start a… Read More »How to open a Bakery Shop in India
Who on the earth has not visited a “ Clothing Store”? We all have! Whether it’s for weddings or festivals, housewarming or anniversary parties, we Indians are bound to shop for clothes. Download Vyapar App Ever dreamt of starting a “Clothing Store business” like the one you buy at? Well, stop dreaming and start doing! A “Clothing Store business” is… Read More »How to start a Clothing Store Business in India
Download Vyapar App Mobile has become a very basic need for people all over the world. Everyone uses a smartphone, even small kids are obsessed with it. Mobile has become an entertainment medium more than its basic use which is to connect with others. Interest in mobile phones and the number of mobile phone brands entering the Indian market has steadily… Read More »How To Start Your Own Mobile Shop in India
Looking for new business ideas? Choosing to start your own organic food store is a wise decision I would say! Download Vyapar App With growing awareness on healthy living, organic farming & grocery chains carrying organic store food products, are coming up everywhere. With the Indian organic food market anticipated to grow over 25% in the next 3 years, there is… Read More »How to Start an Organic Food Store in India
Want to grow your small business, but don’t know how? You’re on the right page on the internet! Some business marketing ways don’t always work. You have to constantly find new opportunities to market & grow your offline business. Especially, when you have a small business offline whose products and services are not marketed through the internet, you’re limiting the… Read More »5 Ways Online Marketing can Grow Your Offline Business
Quite a common question asked by small business owners! If there’s one thing that we’ve learnt over the years of experience in the small business industry, it takes a community to grow a business. Here are the ways a small business community can help your small business grow. Connect with people just like you! When you join a small business… Read More »6 Ways how small business community will increase your business opportunities.
Customer is the KING! If you mess with him, you’re inviting disaster to your small business. If you wish to grow your small business, it is important to connect with them and build a good customer relationship. 76% of successful small businesses have good customer relationships according to a recent study. Would you like to visit a shop where you’re… Read More »5 Ways to improve your customer relationship and increase sales!
Download Vyapar App Are you looking for a small or a startup business loan? If so, you’ll be happy to read this! Getting capital loans to start or grow your business may look daunting when you have no proper information. Worry not! These 5 startup business loans by the Govt of India that you can avail to finance your small… Read More »5 Best Small Business Loans in India to go for
Here are the Top 17 Budget 2019 takeaways that favor every small business in India. Download Vyapar App Rs 350 crore loan has been allocated for GST registered businesses to help them grow. Result: Getting loans will become much easier for small businesses. Under this Union budget, 2% interest will be paid by the GOVT for GST-registered MSME loans.… Read More »Union Budget 2019 Key Highlights for MSMEs: Loan, ITR filing, Pension scheme, GST rate & more
Everyone has made a mistake? Who hasn’t? These 10 mistakes below are so common that every businessman has made at least one of them. If you haven’t yet, better avoid it. All the BIG companies once started small. You might be small today. You can grow big when planned right! Ask yourself, where do you see your business in the… Read More »10 Terrible mistakes you can do to your business (and ways to avoid them)
Yes, there will be no more GSTR-1 and GSTR-3B for GST registration! Get ready to file your GST returns with the new GST forms. The 3 FORMS which replaces GSTR-1, GSTR-2 and GSTR-3B are: ✔ 1 main GST return (GST RET-1) and ✔ 2 annexures ( GST ANX-1 & GST ANX-2). For the next 3 months (July to Sept, 2019), taxpayers must… Read More »No more GSTR-1 & GSTR-3B: GOVT approves the new GST return forms
Mr Virupakshaiya, an automobile service business owner, has been using Vyapar App since January 2018. He says, he is very happy with how Vyapar is helping him file GSTR returns with absolutely NO difficulty. “On July 2017, the time GST was introduced, it was a new concept to me. I started filing returns directly on the GST portal. It was… Read More »How a small business owner Virupakshaiya files GSTR easily with Vyapar
The turnover limit for businesses for e-invoicing is likely to be fixed at Rs 50 crore. This means big taxpayers who are having better technology should generate their e-invoice on GOVT portal for B2B sales. They should start e-invoicing right from September 2019. The official said 1 crore invoice generation/day can be handled by GOVT portal. Just look at the… Read More »Compulsory e-invoicing only for businesses having turnover > Rs.50 cr from Sept
Many consumer products as we all know still have 28% GST (Goods and service tax) due to which their prices are quite high. This rise in price is affecting their sales. There is a huge drop in the demand for such products. ✔ Automobiles, for instance, are placed in the 28% GST bracket. The automobile dealers are shutting shops due to… Read More »Small cars & consumer goods to get less expensive after June 20th.
Currently, when you claim for GST refund with the central tax officer, you will receive only 50% of your money, the rest 50% will be cleared by state tax officer after verification. Sometimes, even after sanction/payment of refund, the tax authority delays the GST refund. The two authorities – state and central settling the same refund adds to unnecessary complexities… Read More »Easy GST refund process for exporters
At present, there are 3 GST rates – 5%, 12% and 18% – for various items under the textile sector Whereas, countries, such as Thailand (10%), China (16%), and Indonesia (7%) who are doing well in the textile industry have a single rate for all items. Also, when rates are different, it is difficult to refund exporters. This itself is… Read More »Textiles to get cheaper very soon!
PM Narendra Modi is back to the office for the second time! Companies across sectors such as durables, automobiles and real estate want him to bring down the GST rates. From the Durable Sector: ✔ Products like AC and TV with 28% GST should be brought down to 18%. ✔ “They are not luxury items, they are essential products, hence they should… Read More »Automobile, real estate & other companies want Modi to cut GST rates!
✔ The deadline to file GSTR-9 for the FY 2017-18 is extended to 31st December 2019. ✔ If you’re a composition scheme taxpayer or e-commerce operator, you must file annual returns using another form (Not GSTR-9). ✔ If your annual turnover > Rs 2 crore, you must file GSTR-9C along with GSTR-9. Download Vyapar App What does it take to file GSTR-9? ✔ Filing… Read More »Here’s what taxpayers like you should know about GSTR-9
Time for small shopkeepers to get easy loans, insurance, credit cards, pension as promised by PM Modi
PM Modi wins again!! What does this mean for small businessmen like you? Here’s what Narendra Modi promised small businesses before elections. ✔ Easy loan of up to Rs 50 lakh without any surety. ✔ Accidental insurance of Rs 10 lakh if you are GST registered. ✔ Credit card facilities if you are a trader. ✔ Pension scheme if you’re a small shopkeeper. ✔ Establish National… Read More »Time for small shopkeepers to get easy loans, insurance, credit cards, pension as promised by PM Modi
Home buyers will now get GST refunded by builders if they cancel the flat booked before April 1st, 2019. Builders can avail credit adjustment for such refunds made. We know that the real estate dealers are given two options 1. Pay 5% GST for residential housing, 1% for affordable housing without ITC. 2. Pay 12% GST for residential housing, 8%… Read More »Builders will have to refund GST on cancellation of flats booked
Meet Mr. Manjunath, a fabric business owner, who is using the Vyapar App for 6 months. Manjunath talks about how Vyapar helped him make better profits on his inventory. He says, “I can easily check what’s in stock, see what’s selling the most. I run reports to find out best-selling fabric designs & invest more on them. Also, I pick… Read More »How a small business owner Manjunath makes maximum profit on his inventory using Vyapar
Govt plans to make QR code-based payments via UPI mandatory for all Indian shops having a higher turnover. After which, QR codes may be introduced on invoices as well. Are you ready for it?? If not, you better be! Here’s how digital payment favours your business: ✔You can now get GST benefits conveniently. ✔Cashless payment is less stressful. Torn notes,… Read More »QR code-based payments to be made compulsory in Indian shops
If you’re a small business owner thinking that “bookkeeping” is a waste of time, you’re doing a great mistake! Of course, no one gets into business to be an accountant. But, to be a successful businessman you need to understand how your business is doing financially! You need to start record keeping all your business financial transactions- sales, expenses, cash-in-hand… Read More »What should a small business know about accounting & bookkeeping?
Home buyers will now have to pay 12% GST on balance amount due to the builder if the housing project has been granted completion certificate before April 1, 2019. This GST will have to be paid by both registered and unregistered landowners. GST News Highlights: ✔ From April 2019, builders of all under-construction houses have 2 options — A. Pay 12%… Read More »Home buyers to pay 12% GST on balance due if house completion certificate issued by March 31.
Preparing GSTR is no FUN. Filing them multiple times a month make us cry, isn’t it? But now, Govt has finally approved the new easy return filing process. Here are the new GSTR filing rules from July: 1. You will have to file only 1 GSTR per month (except for a few small taxpayers). 2. If you have no purchases,… Read More »Simpler GST filing from July!
Are you an exporter of goods or services? Have you ever got your GST refund quick? No? Don’t worry, most of us are facing the same issue. GST refund is a slow manual process which takes a lot of time with lengthy paperwork. Way too much of your money is stuck with the Govt, isn’t it? But, here’s news that… Read More »Automated GST refund for exporters from June
Deadline for filing GSTR-1 is extended to June 11th, and for GSTR-3B it is June 20th for the following 14 districts in Odisha. Angul Balasore Bhadrak Cuttack Dhenkanal Ganjam Jagatsinghpur Jajpur Kendrapara Keonjhar Khordha Mayurbhanj Nayagarh Puri These places were hit by extreme severe cyclonic storm “Fany” recently. Hence, if you’re a registered taxpayer whose main business is in… Read More »Businessmen in Odisha gets extra time to file GSTR-1 & GSTR-3B
We recently spoke to one of our customers Mr.Srikanth, a sheet fabrication business owner, who is using Vyapar App for almost a year. Srikanth talks about how Vyapar has helped him receive payments 2 times faster. He says, With Vyapar, I can create & share bills directly on WhatsApp. I get instant replies to my messages as customers are always… Read More »How a small business owner Srikanth gets paid faster with Vyapar App.
A new GST rule is here! This rule changes the way you were creating your invoices. It doesn’t matter how you were creating bills until now, September onwards all your B2B (Business to Business) invoices should be created only on the government portal. This means you will have to enter all your sales information on the Government portal to generate your… Read More »Govt says B2B invoices should be created only on GST portal from Sept, 2019
Yes, you will not be allowed to generate e-way bill if you haven’t filed your GSTR returns for the past 2 months on time. By this, you will not be allowed to transport goods from one state to another. Therefore, if you did not file your previous returns, complete them before 21st June 2019. This is applicable for Supplier Receiver… Read More »Not Filed GSTR Returns? You Can’t Generate E-Way Bills!
20 lakhs out of 1.21 crore businesses registered under GST belong to the composition scheme. If you’re one among them, here’s BIG news for you. You should file GSTR-4 once in a year by April 30 for the previous financial year. Your 1st GSTR-4 should be filed on 30.04.2020 for Financial Year 2019-20. You are allowed to file “self-assessed tax”… Read More »Big News for Composition Scheme Businesses
Download Vyapar App Registered under regular GST? If your answer is YES, you must file your GSTR-3B returns by 20th of every month. Preparing GSTR-3B yourself manually may be difficult. But, business accounting software like Vyapar lets you do it with ease in just seconds! Here are 4 EASY steps to generate GSTR-3B using Vyapar: Step 1: Open your Vyapar… Read More »How to generate GSTR-3B using Vyapar?
Download Vyapar App Registered under regular GST? If your answer is YES, you must file your GSTR-1 returns by 10th of every month. Preparing GSTR-1 yourself manually may be difficult. But, business accounting software like Vyapar lets you do it with ease in just seconds Here are 5 EASY steps to generate GSTR-1 using Vyapar: Step 1: Open your Vyapar… Read More »How to generate GSTR-1 using Vyapar?
It’s EASY! You have 2 ways to do it. Option 1: Reset invoice number & other transactions! STEP 1: From Left Menu, go to Utilities, Click on “Close Financial Year”. STEP 2: Under “Restart Transaction numbers”, tap on “Change Prefixes”. Not finding this option? Update to the latest version of Vyapar App. STEP 3: Change Prefixes of your invoices, delivery… Read More »How To Start New Financial Year in Vyapar?
Download Vyapar App Composite Scheme Limit Increases from Rs. 1 crore to Rs 1.5 crores For North-Eastern States – (i) Arunachal Pradesh, (ii) Manipur, (iii) Meghalaya, (iv) Mizoram, (v) Nagaland, (vi) Sikkim, (vii) Tripura, (viii) Uttarakhand, the limit has been increased from Rs. 50 lakhs to Rs. 75 lakhs. This means you can now opt for the simple and easy… Read More »GST Changes from April 2019: Composition Scheme, GST Registration, Tax Rates, Due dates.
Filing GST Return was always difficult! Isn’t it? Luckily, Govt promised to make it simple with the new simple GST return forms. This should have been available to you by April 1, 2019, but it’s still not. It’s delayed! The new date would be decided after the new software system is 100% ready. What will be the new process? If… Read More »The New GST Return Filing Process Delayed
Looking to set up a new business? Deciding “where to” may be one of the challenges you’re facing. And for those of you who’ve been running the business through months & years may wonder what’s it like to run in the other kind of city. Here’s what makes the difference. In a smaller city, with fewer people, you can’t make… Read More »Doing Business in Small City v/s Big City
Budget is out! Here’s what it brings along. Union Budget Highlights 2019-20: Tax 1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of GST to states by Central Govt. 4. Custom duty has abolished from 36 Capital Goods 5. Recommendations to GST council for reducing GST rates… Read More »Here’s what you should know about Union Budget 2019-20!
They say the best things in LIFE are free: a breath of fresh air, unconditional love, friends. But, the best things in your BUSINESS aren’t free! A FREE Billing App may fit well enough for your business needs. But, for it to be “Best in Class”, it has a price attached. Of course, Vyapar App offers a wide range of… Read More »Vyapar FREE vs PAID Mobile App: Which One To Go For?
Small traders like you, are surely burdened by GST method of tax routine. It’s not just what you think, but, Government now thinks about this issue as well. GOVT considers this problem serious enough which led them to discuss these issues on 10th January 2019 during their 32nd meeting. Here’s what they have decided for Small Businessman like you which… Read More »Latest GST News: Relief to Small Traders, Revised Turnover for Composition Scheme & More!
PROFITS! All because at the end of the day, profit is all that matters. According to one study, 55% of small business owners are dissatisfied with the profits they’ve earned. Are you too disappointed with the profits you’re making? Want to make more in the coming year? Right then, this piece of information is just for you. Although that business… Read More »Know if your business made profits this year!
It is said that “Businesses that fail to plan, plan to fail”. So always, always have a plan! Especially in small business, efforts are not enough without purpose and direction. All things considered, the perfect time to do your business planning for the following year is now! Yes, year-end, because the best way to predict the future is to create… Read More »Small Business Year-End Checklist
What if I tell you more than 68% of businessmen pay more taxes than they owe? Does this mean people feel good to pay extra tax? Definitely, not! There is nothing called as a good tax and certainly, nobody likes to pay extra tax for sure! This is why it is important to know where you can save money in… Read More »5 Year-End Tax Saving Tips for Business Owners
2018 is ending! Has your business achieved what you had wished for? Probably not! Not doing well in your business indicates that you’re doing things the wrong way. Well, if you want more success in your business coming 365 days, it’s time to reflect on what has been done and what has to be done. Doing so increases your chances… Read More »4 Best New Year’s Resolution for Small Business Success
If you’re a GST registered businessman struggling with Dec 31st deadline, given the amount of work involved, there is a good news you want to hear. As can be seen, the last date for filing Annual return GSTR-9 was set at December 31, 2018. Days before the final deadline of December 31, 2018 to file GST Annual Return, the government… Read More »Good News: GSTR-9 Due Date Extended to 31st March, 2019
If you’re a taxpayer under GST filing your GSTR 1, GSTR 2, GSTR 3 regularly then, you must file GSTR-9 as well. However, you can skip filing GSTR-9 if you’re a A. Casual Taxable Person (or) B. Input service distributors (or) C. Non-resident taxable person (or) D. Persons paying TDS under section 51 of GST Act. Due date of GSTR-9… Read More »5 things you can’t miss to know about GSTR-9
Are you still not equipped with the right software and hardware to get GST-compliant? If you aren’t yet, then you’ve got nightmares thinking of penalties that follows GST-compliant violation! Well, if you’re looking for a way to obtain freedom from fear of GST-compliance, you need to make sure to avoid GST mismatches in the first place. Hence, it is important to know… Read More »Need freedom from the fear of GST-compliance?
If you’re a small business owner managing your accounts yourself without necessary software, you will surely be frustrated by now! It feels like you’re doing more of accounting than actual business, don’t you? Firstly, you are not in the 1960’s to do your accounting manually. You need to get rid of pads of paper and books, onto which business transactions… Read More »Need freedom from the exhausting manual business accounting process?
Are you still stuck with the spreadsheet method of maintaining your business accounting’s like payables, receivables and much more? Wake up! Neither we are living in those olden days nor does the olden methods work well in the modern world unless it is Ayurveda or Yoga. Well, if you’re a business owner looking for growth, you need freedom from spreadsheets… Read More »Why your business needs freedom from the clutter of spreadsheets?
Now, taxpayers can see the status of returns filed on GSTN portal; here is how. 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. 3. Click the Services > Returns> Track Return Status command. On submission of your GST return, you will be given an Application Reference Number (ARN). You can track the… Read More »You can now check your GST Return status
Piyush Goyal the Finance minister in his recent debate over GST said that in the last one year, the GST Council has reduced rates on 384 items and 68 services. “186 items and 99 services were exempted from GST. Also, sanitary pads were exempted from the GST,” he said. Referring to the recent growth forecast about India by the IMF,… Read More »We want the consumer to be burdened less by GST, says Finance Minister
A lot many services have been exempted from GST recently. Meaning, GST will not be charged on them. Here’s the list of services exempted from GST: 1. Artificial insemination of livestock (other than horses) 2. Warehousing of minor forest produce 3. Services provided by FSSAI to food business operators by way of licensing, registration and analysis or testing of food… Read More »0% GST on services such as conducting exams, testing of food samples etc.
Recent changes in the rates of GST makes specified services less expensive: Particulars Earlier Rate Amended Rate Multi-Modal transportation of goods-Classified under Heading 9965 18% 12% Supply of e-books for which print version exists classified under the Heading 9984. 18% 5% Other Changes: Particulars New GST Rate Supply of food and drink at restaurant, eating joints, mess, canteen, etc. classified… Read More »Certain services gets cheaper under GST
Particulars Old GST Rate New GST Rate Paints and varnishes prepared water pigments of a kind used for finishing leather-classified under the Heading 3208/3209/3210. 28% 18% Glaziers’ putty, grafting putty, resin cement, caulking compounds and other mastics; painters’ fillings; non-refractory surfacing preparations- classified under Heading 3214. 28% 18% Refrigerators, freezers and other refrigerating or freezing equipment, electric or other; heat… Read More »Recent GST Rate Changes
Who on the earth has not visited a “ Gift Shop” or a “Fancy Store”? We all have! Whether it’s for weddings or birthdays, housewarming or anniversary parties, we Indians are bound to carry gifts with us. It has become such a norm in India to gift people on a special occasion in spite of which “Gifting business” is still… Read More »How to start a “Gift Shop” successfully in India
Here’s a good news for Non-Audit case taxpayers who haven’t filed their Income Tax Return till now. The Ministry of Finance, has announced the extension of the due date for filing the ITR (Income Tax return) from 31st July 2018 to 31st August. If you belong to the category of taxpayers who are required to file the return before July… Read More »Due date for filing ITR (Non-Audit cases) extended to Aug 31st.
Exempted from GST: (Zero Tax Rate) Sanitary pads. Deities made of stone, marbles or wood. Rakhis, without any precious metals. The raw material used in brooms. Commemorative coins circulated by the RBI or government. Saal leaves Fortified milk From 12% to 5% Handloom dari Fertiliser grade phosphoric acid From 28% to 18 % Lithium-ion batteries reduced Vacuum cleaners Food grinders, mixers Shavers,… Read More »Tax Rate Reduction: Here’s a list of items that has got much cheaper
28th GST council has turned out to be a reliever for taxpayers. Here’s what’s changing hereafter: Sanitary Napkins are exempted from GST going forward: Woo-hoo! Ladies voice seems to have heard loud enough. No decision on 1% sugar cess: Perhaps the council needs more time to figure this out. GST on hotels would now be on actual tariff & not… Read More »GST Latest News India: GST Rate Changes you should know- 28th GST Council Updates
Currently, a credit/debit note which is issued by the registered businessman should be submitted invoice-wise, which is highly impractical for businessmen who have to correlate with one to one underlying invoice. This increases compliance burden for taxpayers, especially for the ones following pen and paper method of bookkeeping denying to use faster business accounting software. Hence it is proposed to… Read More »Consolidated Credit/Debit note would bring us a huge relief: says Small Businessmen
Do you run a business which has an income of more than Rs 1 crore? or are you self-employed earning higher than Rs 25 lakh? If you’re either of this, July 31st turns out to be an important date for you and here’s what you must know filing ITR: Get a tax audit done by a qualified chartered accountant: If… Read More »Filing ITR before July 31st: Here’s what SME Businessmen need to know.
Another month, another release! We are continuously working to make a businessman’s life easier. The latest Vyapar version 10.0.2 is something people have been asking for months. And, for many of you out there, the latest Vyapar App is an absolute game-changer. So, what’s the big news with this release? Let’s talk about them individually here: Other Income Transaction (Desktop… Read More »New Update! Latest Vyapar Version 10.0.2 makes your Desktop Business-Friendly
Download Vyapar App Undoubtedly, Hardware Store is one of the best small business ideas to start in India. But, the first step is to find out if starting a small business like this is a good match for you or not. Although a good performing hardware store makes an average net profit of 10% on its daily sales, 80% of… Read More »How to Start a Hardware Store Successfully in India – 11 Steps
Download Vyapar App Looking to start a small scale business which guarantees good profits with a good number of customers? Then hurry!!! it is the perfect time to start a Grocery Store or an Indian Supermarket. In India, with the population increase, the purchasing power of the population also increases. A small business idea to make good usage of the… Read More »How to start a “Grocery Store” successfully in India?
Looking to open a Departmental Store/Kirana shop in your locality? Download Vyapar App Well, starting a kirana business is not at all a big deal if you have cash in your pockets, but making it successful is! Having a successful departmental store depends greatly on offering the right product, at the right price, at the right time to the right… Read More »How to Start a Departmental Store/Kirana Shop in India
So thinking about “How to open a medical store”? Let me tell you this, the pharmacy business is an evergreen business in India that is not affected by economic cycles. So, if one has minimal capital investment and space, the pharmacy store is ideal for many businessmen across India. You can either go for a stand-alone medical store or a… Read More »How to Start a Pharmacy Business in India?
Every business needs a perfect accounting software to deal effortlessly with invoicing, inventory, and their accounting needs. But not every accounting software is built for Indian businesses like yours. And, not every accounting software is made with Indian small businessmen in the mind. But, Vyapar has! It has all the features your Indian Business need and none you don’t. It… Read More »Why choose “Vyapar” accounting software?
On Sunday, petrol prices were risen to the highest at Indian Oil Corporation. Petrol was sold for Rs 84.07 per litre in Mumbai, Rs 79.13 in Chennai and Rs 78.91 in Kolkata. To put it simply, common people are shedding tears and weeping over the senseless petrol prices! The way petrol prices are increasing, it shall eventually be cheaper to… Read More »Petrol/Diesel prices are going up! Here’s what you should know.
Looking for an accounting software to manage your cash flow? At first glance, it might appear that all accounting software is pretty much the same. But, chances are that very few accounting software will exactly match your business’s needs. For this reason, you need to understand 3 things: 1. Firstly, not all Accounting Softwares is built for a businessman like… Read More »Business Accounting Feature List of Vyapar Software
“Close Book” is a strong part of Financial Year – End procedures of every business. So, what is this “Close Book”? “Close Book” is the accounting process where you clear your previous year account balances (of the income and expense accounts). i.e You start fresh again!!! Doing “Close Book” at right time will prevent you from making accidental changes on… Read More »How to “Close Book” for this Financial Year and Why?
Long back there were days where people used Facebook to make new friends, find old friends, update status on how their days are going. But now, Facebook has turned out to be a huge market of potential customers for Small Business too. Small Business Marketing on Facebook is becoming a must. When advertised rightly, you can make a fortune with facebook.… Read More »How to Market Your Small Business on Facebook
Know How The New Bill-Wise Tracking Feature of Vyapar Helps You Track Invoices Better! Being a Small Business Owner, you might face the difficulty of tracing payments received/ not yet received/ Partially paid. Especially where the payments are not instantly made, matching the right payment with right invoice becomes too much work. For eg: Imagine that your customer hands over… Read More »Track Invoices Better with Bill-Wise Tracking Feature of VYAPAR
Well, it’s inventory time again! The time to assume your inventory as money sitting around in another form.
If closing books by counting all the stocks before this financial year end appear to be a lot tiring. Then listen to what Suresh did!
Suresh owns a Kirana store in Bangalore and since last year he’s started to sell a wide range of products. He was very happy with the sales until he noticed a mismatch between the records and the assets that remained when he had to close books at the financial year end.
Even though he managed to sell about 200% more products than the previous year, he noticed that he actually made losses this year. Can you guess the reason? It was the absence of a proper inventory management!Read More »Count your stocks before this Financial Year End
It’s time to march on to get back your payments. It is absolutely important that you chase your unpaid Invoices before you close your books for 2017-18 for the Happy 2018-19. In reality, you might have many who are unlikely to pay you their dues. Not everyone remembers to pay you on time. You will have to remind them about… Read More »How to Deal with Unpaid Invoices this Financial Year End.
March End is Fast approaching!!! For most small businesses, Financial Year End is alarming. It is at this time you feel – “ to start a business is easy, but to manage it….is where the struggle lies”. Also, March tends to be the busiest part of the entire year. Right from sending customer statements, reconciling bank accounts, preparing financial documents,… Read More »How to Avoid Last Minute Stress during the Financial Year End!
Vyapar Update – Vyapar 8.5 has been released. Managing your Business keeps getting better. Here’s what new in this BIG release.
- Free Quantity – Vyapar Update :
Let’s say you are giving away “Buy 2 Get 1 Free“ offer. This means the bill has to be generated for 3 items at the cost of 2. Or suppose, you may want to give out free samples to your customers as a part of your business strategy. In other words, you’ll have to bill items without charging the amount from customers.
Did you know what percentage of retailers failed in the year 2017?
68% – Very High! More retailers than you expect. If this is a bad news for you, either you were looking for retailing opportunities to invest on or you’re probably into business being a retailer for some time now. In any event, worrying about your survival in today’s unpredictable market is common and here’s what most of the retailers (who fail) is doing it all wrong.
The Best Business Accounting Software – Vyapar’s latest software update is finally here, and with it, a ton of new features. Here are some of the best ones that extend the basic functionalities.
Take a look at the Latest Business Accounting Features of Vyapar:
When our Customer Care Executive Hari Shankar get calls from confused Vyapar App users, he has only one goal in mind: to help them find solutions as quick as possible. And it’s this determination that is getting appreciation for his work at Vyapar. Not everyone uses Vyapar App effectively right from Day 01 (in spite of its user-friendliness). Every day,… Read More »Solving Problem With Patience: How Hari Shankar is Appreciated by Vyapar’s Customers!
Tracking individual items in your inventory requires all your time? or in other words, Is Inventory management going out of your control?
If you’re here looking forward to fixing your stock management method, then you’re at the RIGHT PLACE at RIGHT TIME.
Being a small business owner keeping track of every single item is an absolute necessity to incur the least loss possible.
To make errors is human nature, you can avoid such errors when you use a proper Inventory management system.
New Year is back again!! An occasion to start your Business fresh isn’t it?
If you’re viewing this, my assumption for you is, you being a business owner want to simplify the way you run your Business. Cheers to you! You’re at the right place. This New Year, don’t just close your Business accounting books, close your old ways of accounting too: what would it mean for you?Read More »GST – Ready Business Management Software: Turn your Business Right this New Year
Stay updated about the Latest GST News on Vyaparapp.in. Download the BEST GST Compliant Mobile Billing App Happy Vyaparing!!!
Did you know? An Invoice can speak a lot about your Business.
Here are few tips that can bring in success to you and your Business.
Adding Signatures and LOGO to your invoices can make your Business instantly look more Authentic. Because of which, 95% of the Top Companies have got their LOGO on all their Invoices.
Being a Small Business, if you are having trouble keeping track of your money, you may think that an Accounting Software will solve your problem. Watch out! You might be heading towards higher complexity.
Are you a Businessman relying on papers/spreadsheets to keep track of all your Business transactions?
If yes, I assume that you’re a startup or a small business in your industry.
You may be looking for software that helps you manage your business effortlessly.
One such solution is VYAPAR, a business management software. It is a straightforward approach to manage accounting, inventory, expenses, the creation of estimates on the go, invoicing, taxation and much more. It deals with practical Business requirements and is GST compliant.Read More »Turning your Business Digital? you’re on the right path
Look, you didn’t start your Business to track MONEY— you opened it to make MONEY. isn’t it?
Certainly, starting up on your own mean, you’ll need to run everything from serving customers, purchasing inventory, billing and many such tasks which is often a tough job for anyone. Along with that you also have to manage your cash flow which is an extremely critical task. Being a Business owner, making sure that the cash wheel is rotating smoothly could be a challenge.Read More »Are you counting cash instead of making cash? Business – say NO to Accounting!!!
GST council on Friday has decided to fix the GST on Restaurants reducing tax brackets and hence the burden.
Here’s why eating out could become cheaper:
5% GST on…
- All independent restaurant Ac or non-AC.(which previously was 12% and 18% respectively)
- Takeaway food.
- Restaurants in hotels with room charge less than Rs 7500.
[No input tax credit for these Restaurants]
18% GST on…
- Starting November 15, daily use items could cost up to 10% less than before. Take a look at those items which have been trimmed to 18% GST tax rate.
Summary of 23rd GST Council
The GST Council has reviewed the tax rates, returns filing cycle, Late filing fees and much more on 10th Nov 2017, bringing in some relaxation to businessmen, traders, and consumers.
All things considered, tax rates on 177 items are brought down to 18% from 28% to provide relief to consumers and businesses.
- Many of the items and services which were earlier taxed at 28% now attracts the tax of 18% only. The list includes wire and cables, Furniture, mattress trunk, suitcase, detergents, shampoos, hair cream, hair dyes, makeup, fans, lamp, rubber tubes and microscope. Chewing gum, chocolates, coffee, custard powder, marble and granite, dental hygiene products, polishes and creams, sanitary ware, leather clothing, artificial fur, wigs, cookers, stoves, after-shave, deodorant, detergent and washing powder, razors and blades, cutlery, storage water heater, batteries, goggles, wrist watches.
Are you a Business Owner still relying on manual ledgers/ spreadsheets to keep track of all your accounting? If yes,
Here’s why your Business needs an Accounting Software
– Accounting Software makes Book Keeping Job Easier:
Small business accounting is time-consuming, tedious, and complicated. Some unlucky soul in your team is managing that (if not you) or you’re outsourcing it to an accountant. Nothing can make accounting fun, but there are Business Accounting Apps that at least make it less painful.
The point is this: Whoever handles the accounting, a good accounting software (Like Vyapar) is going to make their job a whole lot easier. Right from invoicing to generating reports, things can happen quickly with much less effort.Read More »Business, you need an Accounting Software not Accounting Knowledge
Do you wish to sell products/services directly to consumers? Well, then being a retailer is the right choice for you.
A Business or a person selling goods to the consumer, as opposed to a wholesaler or supplier is rightly called as a retailer. Not every manufacturer can provide end to end sales and similarly, consumers cannot reach out to manufacturers for their needs. Retailers are the link between manufacturers and end consumers.
To become a retailer one must finalize the finished goods to take to the end consumers. For example, some of the popular categories are food, auto-parts, general stores, apparel, home furnishings, electrical and electronic appliances and home improvement.
How to Become a Retailer?
Once a person chooses his or her products/services to sell, then there are legal aspects like registering a company, rent a space/shop, manage supply, delivery model, revenue model, tax management and compliance, etc.
Let us take a look at just the mandatory steps:Read More »Become a Retailer in India
Reverse Charge is a system where the receiver of the goods and/or services is liable to pay GST instead of the supplier. Sounds simple? But it isn’t! Here’s a break down of its cause and effects.
Reverse Charge provision states as:
The central tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to the supply of such goods or services or both.
GST for SME’s had been introduced to make indirect tax administration much more hassle-free. But, instead, it seems to have caused much chaos in the country. In fact, there have been many GST misconceptions running in traders minds, causing confusion & fear among them.
Well if you’re a trader or planning to become one, Consider reading these to feel like being on top of the world:Read More »Watch out! GST for SME’s can help as well as hurt
GST India – Goods and Service Tax
What is GST India??
- GST is a combined tax replacing all the indirect tax levied by State and Central government of India.
- Basically, GST = Central Sales Tax + State Sales Tax + Excise duty + Service Tax + CST + Surcharge + CESS + Luxury Tax + Entry Tax + Purchase duty + Vat + Entertainment Tax and many more…
Download For Desktop ABSTRACT This guide provides step by step instruction on how to install Vyapar Desktop App on your computer. You may want to read these: Why choose “Vyapar” accounting software? 1. Overview Vyapar Desktop APP – GST Ready Accounting, Invoicing & Inventory Software is built to make your Business Accounting and GST Filing easy. This APP lets you send invoices, manage… Read More »Vyapar Desktop App Installation Guide for Windows
Any application becomes dearer to the user, if it constantly upgrades and ravishes the user experience in multiple ways like the colour scheme, enhanced features and automation. The most liked feature would be when the user can personalise the application for branding and ease of functionality. If you are using the Vyapar app already then we are sure you have… Read More »Personalise your Vyapar Application with new features
It is often seen when a disruption in the market is initiated, a large segment of the businesses are inconvenienced. GST is touted to be the biggest disruption in the Indian Economy. It has affected businesses of all sizes in some or the other way. Are you suffering due to its complexity? Intimidated by the reports of fines imposed for non-compliance to GST? Worried that you do not have the requisite tools and systems to update your account books?Read More »Vyapar is now GST ready.
Ever wondered how to become a distributor in India? Vyapar gives you a gist on how to go about it. Read on to start your own distributorship todayRead More »Vyapar’s Tips On How To Become A Distributor In India
Prime Minister Narendra Modi billed GST as a ‘good and simple tax’ that will end harassment of small businesses. However, the reality remains quite different. Hailed by experts and economists that GST will be beneficial in the long run, small businessmen are still unclear about the nuts and bolts of the new tax regime.Read More »Post GST implementation effects for Small Businesses in India
The market is flooded with websites and mobile applications which support in accounting, but very few have served the purpose. With events like Demonetisation and GST, the Indian economy is moving towards digitisation with great vigour. The importance of moving from a paper based accounting system to a digital system is being stressed by the government like never before. This… Read More »Vyapar – a simple to use Accounting software
Have you always wanted to start a business, but the huge Investment held you back ? Don’t worry, here Vyapar gets to you 10 small scale business Idea with less than 3 lakh Investment ! Vyapar, in on the endeavour to support and nurture the entrepreneurial spirit within you and here are some of the viable business ideas with less… Read More »10 Small Scale Business Ideas with less than 3 lakh investment
In its bid to allay concerns of traders on invoice generation post-GST, the CBEC, under the Department of Revenue, said: “There are some apprehensions in the trade circles that GST invoice have to be issued as per prescribed format and that issuing GST invoice is going to be burdensome process. This is not correct. Some important facts about GST provisions relating to invoice are highlighted for information of all stakeholders.” Touted as the biggest reform since Independence, the incoming indirect tax regime is aimed at creation of a common market, preventing ‘tax-on-tax’ and making goods and services cheaper.Read More »GST Invoice Facts
When a business grows beyond manual supervision, then it becomes essential to digitise so as to keep track of all aspects of business. One of the most important components of a business is finance and the sooner it is accounted digitally, higher will be its efficiency. Vyapar tells you the advantages of using accounting software: User-friendly Bookkeeping: SMEs… Read More »Simplify Business with Vyapar – The easiest accounting software
With all the GST information circulating around, we at Vyapar were wondering how this would affect the daily running of the SME ( small & medium entrepreneur ) Sector. Especially since this sector already follows established norms and ways of running their businesses. Is the GST going to solve all their taxation issues ? Is the ‘ One nation, One… Read More »Disadvantages of GST for SME’s
Traders and retailers can file declarations within 90 days claiming tax credit for transition stock after the GST rolls out from July 1. The draft transition rules for the Goods and Services Tax (GST) regime had pegged the time at 60 days.Read More »GST news – Retailers to file Tax declarations within 90 days
There can be no gain without pain and that may be especially true when it comes to GST. As about 160 countries overhauled their indirect tax systems, they confronted numerous challenges. Latecomer India is unlikely to escape some havoc.Read More »GST Tax and it’s effect on the Indian Economy
Invoicing under GST is going to go through some changes. It forms a crucial function when it comes to the execution of a transaction. On every sale/purchase an invoice is issued by the supplier i.e person making the sale. The invoice contains S.No, details of product such as product name, description, quantity, etc along with details of supplier, purchaser, tax charged and other particulars such as discounts, terms of sale etc. and all of these would need to be depicted in the GST invoice.Read More »All About Invoicing Under GST
GST tax rates, 2017 and why they matter
The much awaited GST tax rates (Goods and Services Tax) are about to be fixed. The GST council will decide the rates on all the goods (from salt to luxury cars) and services(phone calls to dining out) has begun its meetings and the first set of GST tax rates rates are out. Read More »GST Tax Rates 2017: Vyapar reviews what gets affected.
Doing business is like spiritualism wherein only you know what goals will make you happy. One enjoys the fruits of one’s own hard work and the rest of the world cluelessly wonders about the reason for your happiness. As an entrepreneur, you may have a certain budding idea in your mind, but nobody else is bothered to atlas make an… Read More »MIND your Business!
What is the GST bill ?
The Indian parliament decided to Introduce the Goods & services Tax (GST Bill). It was introduced as The Constitution (One Hundred and First Amendment) Act 2016, following the passage of Constitution 122nd Amendment Bill.Read More »Advantages of GST for SME’s