by Groflex | Feb 6, 2023 | Briefly explained
Introduction Small businesses are the backbone of any economy, providing goods and services to consumers and creating jobs for citizens. However, running a small business is not easy. One of the biggest challenges that small business owners face is managing their...
by Groflex | Feb 6, 2023 | How to
As a small business owner, one of the most important responsibilities you have is to ensure that your employees are paid on time and accurately. One way to achieve this is to set up a payroll system. A payroll system is a software or process that calculates and...
by Groflex | Feb 3, 2023 | Briefly explained
As a small business owner, you try to streamline your business finances from the start. It is necessary to generate and send effective online invoices to the customers and also create a payment reminder if your invoices are not paid on time. Once you create an online...
by Groflex | Feb 3, 2023 | Briefly explained
The GST council met after six months for the 43rd council meeting on 28th May 2021. Finance Minister Smt Nirmala Sitharaman chaired it. The Union Minister of State for Finance and Corporate Affairs – Shri Anurag Thakur, the Finance Ministers of the states and...
by Groflex | Feb 3, 2023 | Briefly explained
The industry has requested the government for more handholding to clear tax-related confusion and GST filing. A tax compliance deadline extension has also been requested. WHAT ARE THE REQUESTS? The finance ministry has been approached by the industries to...