E-invoices must be created within the notified time limit of 30 days from the invoice date. Earlier, the e invoice generation time limit was seven days, but the government postponed the implementation by three months. However, currently, the law applies to only some notified taxpayers. The limitation obliges businesses to adopt Live invoicing.  Before jumping to the time limit of e-invoice, let’s first understand it and its process. What is e-invoicing? An e-invoice is a digital document that is exchanged by buyers and suppliers and validated by the Government Tax Portal. E-invoicing is t ..read more

E-way bills are receipts or documents with details and instructions related to the shipment of goods consignment issues by the carrier and anybody can create an e way bill online easily. The details may include the consignor’s name, recipient, and the point of consignment’s origin, route, and destination. An e-Way Bills is an adherence mechanism  Where a person causes the movement of goods and the right information through a digital interface to be equipped before the movement of goods gets started and creates an E-way bill on the portal of GST. What is the meaning of an E-way bill? An E ..read more

If you have a medical store or a pharmaceutical business, you must look to integrate Pharmacy software. The software can provide a new dimension to your pharma business but you must be aware of its essential features to understand this. In this regard, this article will help you to perceive the meaning and significance of the features and benefits of pharmacy software. What Is a Pharmacy Software? The pharmacy software is an automated system that may enable users to handle the all activities of any pharmaceutical business, like inventory tracking, medicine management, database maintenance, eas ..read more

Introduction No matter what your business type is, they must have certain inventories. The major use of Inventory lies in the retail or manufacturing industry, the one who produces the goods and one who delivers the products to the end consumers. Keeping track of inventory is a must in any organization as it dives your business in the right direction by bringing in the balance that is always needed. With proper retail inventory tracking, the everyday operation of any business will go on smoothly. This blog is about inventory management Software and why it is crucial for Retail Businesses. What ..read more

Introduction Many countries have implemented GST Billing Software and have experienced a drastic change in their businesses particularly in the billing & invoicing process. The changes in technology such as moving from traditional billing methods to digital invoicing have become essential to ensure a smooth workflow of the business operations. So, for smooth business operations, businesses are implementing GST Billing Software that digitizes the complete billing process and along with that also ensures tax compliance. On the other hand, managing Goods and Services Tax (GST) can be a comple ..read more

Introduction GST has transformed the technique of running a business in the country. GST is a transaction-based consumption tax that is essential for businesses to accurately calculate and record their transactions’ GST component. Further, effective management makes businesses easier to file GST returns. Somehow, GST filing is a lengthy and time-consuming process that is done manually, causing errors and inaccurate records. However, the invention of the GST billing software simplifies the entire process. It keeps track of all the financial and GST in an integrated manner. Additionally, GST sof ..read more

              ????????? ???????? ??????!  In a recent development, the Finance Act 2023 has brought about a crucial change impacting your financial planning. Starting from the fiscal year 2023-24, Section 43B of the Income Tax Act has undergone an amendment, now encompassing payments made to MSME vendors. ???? ???? ???? ???? ??? ???? When you purchase goods from MSMEs, the payment dynamics have shifted. According to the amendment: ??????? ?????? If no credit limit is specified, payment is due within 15 days from the date of purchase. If a credit perio ..read more

The Probate Process: A Comprehensive Guide to Applying for Probate of a Will Introduction: Losing a loved one is undoubtedly a challenging experience, and dealing with legal matters during this time can add to the emotional burden. One crucial aspect of handling an individual’s estate after their passing is applying for the probate of their will. In this blog post, we will walk you through the probate process, providing you with a clear understanding of the steps involved in applying for probate of a will. I. Understanding Probate: Before delving into the application process, it’s essential to ..read more

Assistant Registrar of Firms in Pune: Streamlining Business Operations with Efficiency In the bustling city of Pune, Maharashtra, the Assistant Registrar of Firms plays a crucial role in facilitating smooth business operations. This pivotal position involves managing the registration of firms and providing vital support to entrepreneurs and business owners. With a focus on ensuring compliance with legal regulations, promoting transparency, and fostering an environment conducive to economic growth, the Assistant Registrar of Firms in Pune is an unsung hero behind the scenes. Let’s delve into th ..read more

Simplified Company Registration in Odisha: A Gateway to Entrepreneurship Starting a business can be an exhilarating experience, and one of the essential steps in this process is company registration. In the vibrant state of Odisha, known for its rich cultural heritage and burgeoning business opportunities, registering a company has become a streamlined process. With the state government’s commitment to fostering entrepreneurship and economic growth, the registration process has been simplified, making it easier for aspiring entrepreneurs to embark on their business journey. In this blog, we wi ..read more