Transitioning under the GST is imperative for all businesses once the GST regime sets in. Every business must understand what category it falls under to ensure smooth transitioning from the erstwhile indirect tax regime into the GST regime. Review of accounting procedures, procurement and logistic decisions, and finally availing of Input Tax Credit (ITC) under…
As the GST has been rolled out, a lot of speculation has gone into understanding the changes that the tax has brought and effects it has had on various businesses from both the supply as well as the customer’s end. Considering this, you must be ridden with questions ranging from what to ask your tax…
Under the GST, the Composition scheme has been rolled out which provides a much easier and simpler method of compliance for small dealers. The GST Composition Levy Scheme is considered to be highly convenient for small dealers as they are equipped to pay taxes only at a certain percentage of the turnover, file quarterly returns…
With respect to the GST, there are two kinds of taxes levied on supply – on the intrastate and the interstate. The central government and the respective state governments levy taxes on the intrastate supplies. Additionally, there are taxes levied on goods and services within Union Territories known as the Union Territory GST. As of…
Project Management Software is a tool used to make optimum utilization of the resources within an organization. It assists in the management of employee data, time records, information of past and present clients as well as organizing tasks based on prospective projects. Why should one utilize a Project Management Software? Project management tools are very…
Project Management is the most important tool in today’s world in terms of optimum utilisation of resources within an organisation. Management is required in every step of the way towards achieving organisational goals – be it managing employees or managing assignments. Technology and management together can make management tasks simple and productive. This is where…
What is HRMS? Technology is an effective and efficient way of making life easier, especially in the workplace. Human resources popularly known as HR is an integral part of any work environment. A proper HR management system enhances productivity and increases efficiency. Traditionally, an HR professional or manager is designated to carry out this role….
The diversity of features and abilities between your current ERP system and an older version of your business application can trigger various issues for a business when evolution takes place from an earlier version to the latest one. If you already have an earlier version of the business operating system running, then chances are very…