The 3 Golden Rules of Accounting: A Comprehensive Guide to Financial Record-Keeping
Accounting is an essential function of any business that deals with financial transactions. It involves recording, classifying, and summarizing financial data to provide accurate...
Understanding the List of Accounting Standards
Accounting standards refer to the principles, procedures, and guidelines that a business uses when preparing financial statements. The International Accounting Standards Board (IASB) is...
Income Tax Slab for Senior Citizens in India
In India, senior citizens who are 60 years and above, are eligible for certain tax benefits. The government recognizes the importance of providing financial...
About e-Pehchan Card for Unorganized Sector Workers in India
In India, the e-Pehchan Card is a unique identification system that aims to provide an identity card to unorganized sector workers. The card aims...
Understanding the Step-by-Step Guide to GST Registration in India
Goods and Services Tax (GST) is a comprehensive indirect tax that is levied on the supply of goods and services in India. GST has...
Understanding GSTR-1: A Comprehensive Guide for GST Taxpayers
Introduction to GSTR-1
GSTR-1 is a monthly or quarterly return that needs to be filed by registered taxpayers under the Goods and Services Tax (GST)...
Capital Gain Account Scheme: A Comprehensive Guide
Capital gains are profits arising from selling capital assets like stocks, real estate, mutual funds, etc. While capital gains are a good thing, they...
Golden Rules of Accounting for your Business Success
What is Accounting?
Accounting is the process of recording, classifying, and summarizing financial transactions in order to provide information that can be used to make...
Corporate Accounting – Qualifications, Duties and Benefits
Introduction
Every company must perform accounting & manage books, usually referred to as bookkeeping. Accounting is important to identify the financial state of the company....
Offline vs Online Accounting Software Detailed Comparison
Comparison Between Offline Vs Online Accounting Software
As a business owner you might not really like accounting, at times it can be inconvenient and often...