What Is An Input Service Distributor Under GST?
Managing tax credits effectively becomes vital when managing a business with many branches or units scattered around the nation. Here is where the Input Service Distributor (ISD) mechanism under GST…
What is OIDAR Under GST? Who Can Apply for This?
OIDAR, Online Information Database Access and Retrieval services play a crucial role in contributing to India’s digital economy under the Goods and Services Tax (GST), which has been effective since…
PM Vishwakarma Toolkit E-Voucher 2024: ₹15,000 Benefit, Eligibility, How to Apply
How can artists remain competitive in the current world with the advent of technology and contemporary tools? This is where the PM Vishwakarma Yojana comes in to help the unsung…
10 Profitable Digital Product Business Ideas that are Scaling
In the digital era, where everyone is increasingly relying on digital products for everything from entertainment to brand building, investing in digital products can be one of the smartest business…
10 Popular Micro Small Medium Enterprises Trends in 2024
Micro, small and medium enterprises (MSMEs) will be crucial for job creation, innovation, and economic development in 2024. Companies are embracing new trends, from agriculture to tourism, to drive local…
MSME Form 1 – Purpose, Filing Process, Reporting & Last Date
On January 22, 2019, the Ministry of Corporate Affairs (MCA) issued a notice requiring all companies to report their outstanding dues with MSMEs (Micro, Small, and Medium Enterprises) by filing…
10+ Future Business Ideas That Will Make You Stand Out
Did you know that as of 31st December 2023, over 1,17,254 startups had been officially recognized by the DPIIT and provided benefits under the Startup India initiative, such as tax…
GST Compliance: Introduction, Benefits & Complete Checklist
According to a survey conducted in June 2022, 37% of businesses reported a significant reduction in the time spent on GST compliance compared to the previous tax regime. This considerable…
What is GST Accounting – Transactions and Entries Under GST
Goods and Services Tax, popularly known as GST, is a destination-based indirect tax that is levied on goods and services supplied in India. It was introduced in 2017 and has…
New GST Registration – How to Get GST Number, Fee & Process
Did you know that after the GST was implemented, it swiftly replaced most of the indirect taxes in India? According to a stat, as of January 2023, the number of…