Our Latest Blogs
GST Guide
May 11th, 2021
The Indian Government in the last few years has been actively trying to formalize the economy by adopting various measures. The intent behind such measures is to widen the tax base and eliminate the cash or the parallel economy. Various steps are being taken in both the GST domain…
e-Invoicing
April 29th, 2021
e-Invoicing
April 27th, 2021
The buzz word in the B2C space today is ‘Dynamic QR code’. After the recent momentous launch of e-Invoicing in the country for B2B invoices, it is now time to shift our focus to B2C invoicing.
Tax Technology
April 23rd, 2021
GST Guide
April 15th, 2021
GST is a self-assessment regime wherein taxpayers are required to assess and deposit tax themselves. Periodical returns are required to be filed with revenue authorities. Such returns filed, are later assessed or scrutinized by the Government to identify any deviations.
E-Invoicing
April 12th, 2021
Tax Technology
April 1st, 2021
Financial Technology or Fintech are innovations such as software, mobile applications, or algorithms that bring together the business owners and financial expertise at a single platform and enhance & automate the financial service offerings.
Tax Technology
March 30th, 2021
GST Guide
March 25th, 2021
Provisional attachment of property is a legal term that essentially means seizing or blocking property including bank accounts of an assessee, who is being subject to a department inquiry/ investigation/ assessment.
Hyperautomation
March 23rd, 2021
GST Guide
March 18th, 2021
India has always been suspected to have a gigantic parallel cash economy which was primarily the reason for tax evasions and frauds. With the intent to curb transactions happening under such a parallel cash economy, the Government took various significant steps such as demonetisation, GST roll-out, etc.
E-Invoicing
March 12th, 2021
Vendor Management
March 11th, 2021
Every business has many stakeholders and the importance of each stakeholder is different from the other. One such stakeholder are the vendors of an organisation. Vendors are a critical participant of various cycles in an organization such as procurement to pay, record to report, and more without whom…
E-Invoicing
Feb 25th, 2021
GST Guide
Feb 22nd, 2021
Tax Technology
Feb 17th, 2020
Budget
Feb 10th, 2021
Vendor Management
Feb 8th, 2020
Budget
Feb 3rd, 2021
GSTR-9C & Cygnet ACE Sol
Jan 28th, 2020
Industry Insights
Jan 25, 2021
Hyperautomation
Jan 22nd, 2020
E-Invoicing
Jan 20, 2021
E-Invoicing
Jan 18th, 2020
GST Guide
Jan 15, 2021
Hyperautomation
Jan 12th, 2020
Hyperautomation
Jan 05, 2021
GST Guide
Dec 24th, 2020
Tax Technology
22nd Dec 2020
Once E-invoicing becomes applicable to all registered users, it will become an uphill task to keep a track of all E-invoices generated and shared. Further, the schema being new, the suppliers would also be grappling with it.
Tax Technology
Dec 18th, 2020
Tax Technology
16th Dec, 2020
Read this blog to know how technology has played an important role in evolving the Indian compliance ecosystem for corporates and what are the upcoming tax technologies.
E-Invoicing
9th Nov, 2020
The famous author Stewart Brand once said “Once a new technology rolls over you if you are not a part of the steamroller you’re a part of the road.” Across the globe, organizations are quickly evolving. Significant progressions are being made in the field of technology; the tax function is also not left behind.
E-Invoicing
Nov 5th, 2020
E-Invoicing
4th Oct, 2020
Change is the only constant – technology is an invincible tool that has changed our everyday life to an extent that it has become indispensable. A new addition to the technological revolution in India is the rollout of E-invoicing for businesses…
GST Guide
Oct 19th, 2020
GST Guide
Oct 5th, 2020
GST law seeks to ensure the accurate transfer of input tax credit (ITC) between the states and the parties in the transaction. Invoice matching is a concept wherein all the taxable supplies procured by a buyer and supplied by a seller are matched.
GST Notification
Oct 5th, 2020
GST Guide
Oct 1st, 2020
Job work is a vertical of the business wherein a principal manufacturer can send inputs or semi-finished goods to a job worker for further processing. GST law is devised in a way to ensure the compliance liability for the job worker rests with the principal to the extent possible…
E-Invoicing
Oct 1st, 2020
Amidst a lot of speculation, the Government has decided to go ahead with the E-Invoicing implementation for certain specified persons. E-invoicing is going to be implemented from 01 October 2020 for registered persons with a turnover…
GST Guide
Sept 18, 2020
Electronic Commerce or E-commerce is a business transaction wherein the selling and purchasing happen over an electronic platform or the internet. The explosion of E-commerce in the 21st century has changed the way of life. Thus, it is imperative to understand the…
GST Guide
Aug 24, 2020
Exports are incredibly important to modern economies because they offer businesses many more markets for their goods. One of the core functions of diplomacy and foreign policy between governments is to foster economic trade, encouraging exports and imports for the benefit of all trading parties.
GST Guide
Aug 10, 2020
GST known to be One Tax – One Nation is a combination of Integrated GST, Central GST, State GST, and Cess. GST has replaced a number of indirect taxes and levies under Union and state legislation. Before the introduction of GST, there were various types of Cess applicable like…
GST Guide
Aug 7, 2020
GST is levied on any taxable outward supplies by a person. The complete responsibility of calculation, chargeability, and payment of tax has been assigned to the person making outward supplies.
GST
Aug 5, 2020
Sigmund Freud, the father of psychoanalysis once said “History is just new people making old mistakes”. While it can be said that the GST council has tried hard to not repeat the old mistakes of the erstwhile Indirect taxes, but certain issues have been gummed to the Indian Indirect tax scenario;
GST
Aug 4, 2020
Government has notified e-invoicing schema (FORM GST INV-1) and the applicable threshold for the mandatory generation of e-invoices. The details have been summarised.
GST
July 27, 2020
A common sight these days is people carrying small handy bottles of sanitizers everywhere they go; the magic potion has gained unparalleled popularity in India amidst the Covid-19 threat. Earlier, sanitizers were an accessory…
GST
July 23, 2020
Important changes which have been proposed in the GST returns in order to make it more user friendly and to further simplify the return filing process
GST Guide
July 22, 2020
For any law to be effective, it is important that persons should comply with the legal requirements specified in the law. A fear of interests and penalties instills timely compliances and adherence to the legal requirements mentioned in the law.
GST Guide
July 17, 2020
The provisions of Income Tax Act, 1961 require every person making a payment to a Non-Resident or to a foreign company to submit the details of remittance to jurisdictional income tax officer in Form 15CA with regard to compliance …
GST Guide
July 6, 2020
The concept of TDS and TCS is familiar under Direct Tax Laws. TDS is a mechanism for advanced collection of tax while TCS is levied and collected on the sale value of certain commodities when referred to the Income Tax Act. However, the concept of TDS & TCS under Indirect Tax…
GST Guide
July 3, 2020
Appeals under any law is an application to a higher court for a reversal of the decision of a lower court or department.