by Groflex | Jan 30, 2023 | Accounting Software
The central government of India implemented the Goods and Service Tax (GST) back in 2016. Initially, the new taxation system created confusion concerning the possible impact of GST on the export sector of the Indian economy. Addressing the issue, the government...
by Groflex | Jan 30, 2023 | Accounting Software
As we have seen in all our previous blogs (Inventory Management 101: Small Business Guide and Inventory Management Techniques: 2021 Edition) that inventory management is a visual analyzer used to track inventory in real-time. Certain good practices in Inventory...
by Groflex | Jan 30, 2023 | Briefly explained
Prime Minister Narendra Modi launched the Goods and Services Tax (GST) at midnight on July 1, 2017. The implementation process has been in the making for nearly two decades since the concept was first proposed under the government of Atal Bihari Vajpayee. In the sight...
by Groflex | Jan 30, 2023 | Briefly explained
Accounting is the measurement, processing, and communication of financial and non-financial transactions of business entities. Some also refer to it as the science and art of tracking monetary events. This measurement, processing, and communication require numerous...
by Groflex | Jan 30, 2023 | Briefly explained
Goods and Services Tax (GST), so far, is one of the most nuanced tax reforms implemented by the Government of India (GOI). The primary agenda behind introducing GST was to eliminate the rippling effects of various taxes applicable under the Value Added Tax (VAT),...
