by Groflex | Feb 1, 2023 | Accounting Software
The government of India has rolled out several tax reliefs and measures, concerning the impact of GST on Indian economy due to COVID-19. The GST council has implemented strict GST Invoice rules to curb tax evasion. E-invoicing GST is compulsory for businesses,...
by Groflex | Feb 1, 2023 | Briefly explained
Are you struggling to sort your invoice creation confusion? In a nutshell, you need not have a limited company to create invoices. There are several businesses across the country that operate as a sole proprietor. You can legally issue an invoice in the name of your...
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 | 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
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),...
