by Groflex | Jan 20, 2023 | Briefly explained
The Goods and Service Tax (GST); a new taxation system in India, has replaced many of the existing indirect taxes. The complicated GST invoice format of the asset-based tax system is now eliminated under GST, a destination-based tax system. It has replaced several...
by Groflex | Jan 19, 2023 | Accounting Software
Small businesses in India are increasingly transiting to the Goods and Services Tax (GST) regime. GST accounting is a more comfortable and cost-effective approach to all the indirect tax systems that previously existed in the country. Since the GST launch in July...
by Groflex | Jan 19, 2023 | Accounting Software
The Goods and Services Tax (GST) implementation has primarily impacted the way start-ups operated in India. It has significantly increased the number of new start-ups in the past three years of successful implementation. The advent of a new tax regime was crucial to...
by Groflex | Jan 19, 2023 | Accounting Software
Inventory management is the heart of a growing industry. With its complexity, it becomes tough for those who are starting. This comprehensive guide to inventory management will cover each and every aspect of it, the best techniques you need to follow, the best...
by Groflex | Jan 19, 2023 | Briefly explained
The GST council of India has completed three years of the GST regime. However, the government is still striving to address various issues and concerns to build a sound taxation system. While the government was resolving downsides concerning the impact of GST on the...
