For businesses, it is obligatory to register for a unique GST Identification Number (GSTIN). According to the CGST Act of 2017, it is mandatory to have a GSTIN number to collect GST-related taxes and claim credit returns. Are you a business owner searching for how to do GST registration or identify the GST state code? …
Read MoreWith the annual return filing date coming closer it is necessary to ensure that you are preparing your GST Tax Invoice in the correct format and not missing out on important details. While you can, of course, create your own personalized formats, there are many readily available formats for budding enterprises that can use these …
Read MoreThe time of the year has come where all your GST skills will be put to test. The first ever annual GST returns filing period. GST returns for the financial year from 1st July 2017 to 31st March 2018 needs to be filed by 31st March 2018 or before. There has already been an extension …
Read MoreFREQUENTLY ASKED QUESTIONS ABOUT GOODS AND SERVICE TAX Since the implementation of GST, there are many doubts and questions from taxpayers and business entities and we’re here to address them. So let’s dive into it. BASIC INFORMATION ON GST Goods and Service Tax, aka GST, is the one indirect tax for the whole nation conducting …
Read MoreHOW TO FILE GST RETURNS As of 1st July 2017, India saw a new tax reform coming into the act. The goods and service tax, aka GST, is the single indirect tax levied on goods and services of business entities. It is the single tax that ventures have to pay cutting out different tax heads …
Read MoreGST APPLICATION STATUS With the goods and service tax aka GST rolling into India from 1st July 2017, there are quite a few terms and terminologies that came into the picture as well. A well furnished large-scale firm can hire accountants and accounting software’s to get through all of this, however, the small and medium …
Read MoreWhat is the GSTIN Number? Goods and services tax identification number or simply GSTIN is a unique identification number provided to individuals or companies registered under the GST Act. It is a 15 digit unique number (a combination of alphabet and numbers)based on your permanent account number (PAN). To obtain the GST number, the entity …
Read MoreComposition Scheme Under GST Latest Updates: Composition Scheme limit hiked to Rs 1.5 Crore from April1-2019 says Finance Minister Shri Arun Jaitley Composition scheme under GST The Goods and Service Tax, aka GST, has been a game changer in the field for accounting purposes in business. It has cut down on all the overhead various …
Read MoreWith the rise of Finance and Technology combining to create disruptions in the economy, the need to create digital awareness has also increased. That is when S.P.Jain Institute of Management Studies organized an event for various topics covering Fintech requirements and business skills necessary to build a successful digital enterprise in India. Abhishek Kothari, co-founder …
Read MoreINDIA FINTECH AWARDS 2018 his month couldn’t get any better for FlexiLoans, first we got certified by the GPTW (Great Place To Work) Institution and now we’re nominated among 20 other Fintech start-ups for the India Fintech Awards (IFTA) 2018. IFTA provides a platform for Fintech companies to showcase their disruptive products, give a sales …
Read More