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Showing posts from May, 2019

THE ADVANTAGES OF PAYROLL OUTSOURCING FOR BUSINESS EFFICIENCY

Handling business accounts, tax compliances and reports can be a daunting undertaking for any company. Having these tasks managed by a dedicated professional will serve an undeniable opportunity to let you focus completely on your much important tasks that make your company grow! Every growing business expands its employee volumes and this is essential to maintain balance between the tasks to be undertaken and delivery of projects. The payroll management is an essential component of every human resource department and a task that requires every bit of attention. Many businesses devote a lot of time and effort towards payrolls in order to precisely share the finances among its employees. A lot of time and resources are involved in the payroll process and in order to relieve the burden of employee salary accounting and taxation, the dedicated efforts of CA in Gurgaon are a welcome blessing for businesses. CA in India Payroll outsourcing process Hiring the services of...

IMPACT OF GST ON THE BUSINESS SCENARIO IN INDIA

GST has been termed as the greatest taxation reforms in India and was adopted with an aim to allow a single tax system for the entire nation. It has been one of the most significant financial alterations to be announced in the country and has had a major impact on the entire scenario of business and finance in India. Since the implementation of GST we have witnessed the myriad transformations in the entire financial sector and even though its influence are varied, there has been a mass streamlining of functionality with the “one nation one tax scheme” as put forwards by GST. The legislation to introduce Goods and Services Tax has simplified the taxation format and replaced the existing sales and indirect taxes for introducing simplification in the financial environment for businesses. The mandatory requisite to implement GST requires a registration and the entire process can be accomplished within 7 business days. GST registration in Gurgaon The future with GST Wh...