GST E-Invoice Part-2

1. December 2020By amitmundraBriefly explained

The Goods and Services Tax (GST) e-invoice is a digitally generated invoice for the business transactions recorded on the government portal. The concept of GST e-invoice schema is expected to curb GST tax evasion. The authorities working for GST Council have officially provided a standardized digital billing system for businesses to generate e-invoices for each … Read More

GST E-Invoice Part-1

25. November 2020By amitmundraBriefly explained

GST e-invoice has become a point of discussion among businesses and taxpayers in India. When any goods or services are transported from one place to another, the transaction is facilitated by filing invoices or e-way bills on the government GST portal. In the 35th meeting held by the GST Council, the government decided to implement … Read More

Basics: GST Laws and Rules Part -3

24. November 2020By amitmundraBriefly explained

The Goods and Services Tax (GST) has brought significant changes in the Indian economy. It has been consistently reshaping the tax calculation system. However, it has also confused taxpayers and people in business concerning the GST laws and rules. The new GST tax system has eliminated the cascading taxes on the supply of goods and … Read More

Basics: GST Laws and Rules Part -2

21. November 2020By amitmundraBriefly explained

The Goods and Services Tax (GST) is an indirect tax regime that has replaced several indirect taxes in India. The GST laws and rules on goods and services were approved in the Parliament on March 29th, 2017, and came into force on July 1st, 2017. Any supply of goods or services is subject to GST. … Read More

Basics: GST Laws and Rules Part -1

20. November 2020By amitmundraBriefly explained

The Goods and Services Tax (GST) has been enforced throughout India as of 1 July 2017. Any taxpayer or business entity registered under the current tax administration must register under GST. The GST tax regime has replaced all other taxes. Since the inception of GST laws and rules, most indirect taxes, central excise duty, entertainment … Read More

New GST Returns –Overview

18. November 2020By amitmundraBriefly 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 of the new GST returns filing system, the aforementioned law’s … Read More

Compatible and Best Online Accounting Software for Small Businesses, Accountants and Freelancers

17. November 2020By amitmundraBriefly explained

Managing finances is a significant business operation that helps make better financial decisions. Most small business owners or freelancers cannot afford to hire an accountant as they start initially. Most accountants and freelancers prefer implementing cost-effective accounting software to manage income, expenses, and streamline finances during GST returns filing. Imprezz is an inexpensive and best … Read More

Imprezz Launches tools for Tally – Hassle-Free Reporting with Online Integration

6. November 2020By amitmundraAccounting Software

Bengaluru, India, November 6th, 2020 – Imprezz accounting software, the nation-wide leader of business intelligence tools, today launched the Tally integration feature – a first of its kind online integrated accounting dashboard, uplifting freelancers, solopreneurs, entrepreneurs, and small businesses in India. The technological advancements have made a virtual dream come true for businesses globally. Business … Read More