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The Sin of Being Small: How GST Law will Affect you

Arguably the biggest indirect tax transformation will be upon us in a few weeks from now. The law makers are deliberating on the specific clauses and contours of it – so that the appropriate legislations can be passed. Are you GST ready yet? Get ready…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

112,986 total views, 28 views today

Why is Technology the Epicentre of GST Implementation

Technology-assisted compliance is not an entirely new concept in India.  Way back in the 1990s, taxation departments used technology for tax administration. However, this was mainly as a backend mechanism. A major shift in behaviour occurred when online filing of returns was introduced. This was…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

84,122 total views, 10 views today

Is GST on Track? What we can Infer from the Budget Speech

Our Finance Minister, Mr. Arun Jaitley, in his Budget Speech, did not elaborately discuss the road map of GST. However, he did indicate that the passage of the Constitutional amendment bill for GST and progress of its implementation is a “Tectonic Policy Initiative”. Are you…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

78,947 total views, 8 views today

Demonetization and Business Accounting – How does it Tally?

On 8th Nov 2016, India’s Prime Minister announced demonetization of Rs 500 and Rs 1000 currency notes. This news came as a surprise to many of us! However, if you carefully think through the sequence of measures undertaken by the Government such as opening of bank accounts,…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

235,570 total views, 74 views today

Composition Levy – Does it Really Make Sense?

The biggest Tax reform in Independent India, Goods and Services Tax Act (GST) has brought on a platter, a concept called “Composition Levy’ to its taxpayer. Are you GST ready yet? Get ready for GST with Tally.ERP 9 Release 6 Get a Free Trial 105,730 total…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

105,730 total views, 18 views today

GST, Price Inflation and Profiteering

“Government may consider anti-profiteering clause to ensure benefits of GST reach consumers”, screamed a headline in a business newspaper a couple days after the constitutional amendment pertaining to GST was cleared by Rajya Sabha, removing the biggest hurdle for the process to take off.  Are…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

37,930 total views, 4 views today