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GST Tax Calculator: Tax Calculation under GST, Deductions, and Rates 

GST Tax Calculator: Tax Calculation under GST, Deductions, and Rates 

by Groflex | Feb 3, 2023 | Briefly explained

India is a nation that is emerging towards the greatest days of all time. With the literacy rate up to almost 75% of 132 crores of the population, people are now ready to educate themselves and find transparency in everything that the government offers. Recently, GST...
E-Invoicing GST Returns FAQ’s – Frequently Asked Questions 

E-Invoicing GST Returns FAQ’s – Frequently Asked Questions 

by Groflex | Feb 3, 2023 | Briefly explained

The e-invoicing was implemented by the GST Council on 1st January 2020 voluntarily. It was implemented to report B2B invoices. At the 37th GST Council Meeting held in Goa, the council approved the standardized e-invoicing format for all taxpayers.   1. What is an...
Inventory Management 101: Small Business Guide 

Inventory Management 101: Small Business Guide 

by Groflex | Feb 2, 2023 | Briefly explained

This article will guide you through the different facets of Inventory Management and why it is the most crucial tool to scale up a business. First, let us try to answer the following question: What makes a business successful? Is it to have a wonderful centralized...
Proforma Invoice Under GST – Meaning, Templates and More! 

Proforma Invoice Under GST – Meaning, Templates and More! 

by Groflex | Feb 2, 2023 | Briefly explained

What does it mean when you receive a bill marked as a proforma invoice? Is it compulsory for the sellers? Does the invoice provide a specific time frame to act upon? Can we pay the GST against a proforma? The article below will briefly explain everything you need to...
Efficient Resource Planning Techniques for Small Businesses 

Efficient Resource Planning Techniques for Small Businesses 

by Groflex | Feb 2, 2023 | Briefly explained

For every emerging enterprise, the biggest challenge does not involve coming up with a new idea; it lies in sustaining that idea. To be a successful business, the rule of thumb is to keep it buoyant. A study indicates that only 48.5% of the startups remain open and...
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