Expert insights on accounting, GST, invoicing & business growth for Indian SMEs
Working capital is the RAM of your business that keeps your operational system running faster and smoother. As much as working capital does for your business, it also contains different types, which can be useful during various stages of your business activities. Introduction Working capital is the RAM of your business that keeps your operational…
Introduction 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. 15 Best Government Subsidy List For Small Business like yours in India 1. The Credit Guarantee Fund…
Introduction In a move to put all the taxes together under one roof, the Government of India implemented GST, the Goods, and Services Tax, which came into existence on July 1, 2017. A single tax on goods and services, GST may be one of the most far-reaching economic reforms in India’s history. Previously, there were…
Introduction Human Resource Management (HRM) is a systematic approach that works to fill the gap between an organization and its employees. Functions of HRM have been developed by the Minister of Human Resource Development to simplify the task of managing the human capital of the organization. These works are broadly classified into two categories: Key…
Introduction There are at least two reasons to buy insurances. First, and most important, is for protection from harm by any catastrophic event. A car accident can lead to consequences such as a serious financial deficiency at the time of an illness or injury, or death. Specially it helps protect against financial losses. What is…
Introduction Moving goods without the right paperwork is one of the fastest ways for a business to land in trouble under GST. Among all compliance requirements, e-way bills are the most visible and the most strictly enforced. Trucks get stopped. Goods get detained. Penalties get imposed on the spot. What makes this tricky is that…
Introduction GST compliance doesn’t usually fail because businesses don’t pay tax. It fails because records don’t match. One of the most common problem areas is reconciling GSTR-2A with books of accounts. Many businesses assume that if purchases are recorded in their accounting software, input tax credit (ITC) will automatically be allowed. That assumption is what…
Introduction E-invoicing under GST is no longer a niche compliance meant only for large corporations. Over the years, the government has steadily expanded its scope, bringing thousands of mid-sized businesses into the system. Today, many owners first realise they’re covered only when their accountant says, “You need to generate IRNs now. ”Under Section 31 of…
Introduction For most small Indian retailers, business doesn’t fail because sales are low. It fails because cash runs out at the wrong time. You may be selling well. Customers may like your products. But if money doesn’t come in when expenses go out, the business starts gasping. Rent, salaries, supplier payments, GST, electricity none of…
Join 1 crore+ businesses using Vyapar for GST billing, accounting & inventory management.
Available for Android, Windows & Desktop
