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
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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.
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.