BizindiGo - Admin GST Accounting Entries – A Simple Guide for You! If you’re running a business, keeping your GST accounts in order is crucial. Every time you buy or sell goods or services, you need to record the GST transactions properly. This ensures you claim Input Tax Credit (ITC) correctly and pay the right tax to the … Read more
Board Resolution format for Company Trademark Application In this post, we are sharing a Board Resolution format for Company Trademark Application / Registration. A trademark is a valuable intellectual property asset that protects a company’s brand, logo, or business identity. To safeguard the company’s brand name and prevent unauthorized use, it is essential to apply … Read more
Understanding GST E-Invoicing: A Simple Guide for Businesses GST e-Invoicing is a revolutionary system that the government introduced to streamline invoice reporting under GST. It ensures transparency, reduces tax evasion, and simplifies compliance for businesses. In this guide, we will explain everything about GST e-Invoicing, its applicability, benefits, and implementation process. If you’re a business … Read more
Guide to GST Return Filing and Compliance for Businesses If you’ve ever found yourself scratching your head over GST returns, you’re not alone. This Guide to GST Return filing and compliance is here to break it all down in plain, simple language so you can file your GST returns without stress and stay on the right side … Read more
Understanding Section 194Q of Income Tax: A Simple Guide for Businesses To ensure tax collection at the source of income, the government introduced Section 194Q in the Finance Act, 2021. This section mandates TDS on the purchase of goods and has been effective since July 1, 2021. Understanding Section 194Q is essential for businesses to … Read more
Understanding Section 73 and 74 of the CGST Act: A Comprehensive Guide India’s Goods and Services Tax (GST) regime has revolutionized the business operation. It has brought uniformity and transparency to the taxation system. However, with its complexities, it’s crucial for businesses to understand the provisions of the CGST Act to ensure compliance and avoid … Read more
Can a salaried person be a director in a company? Yes, a salaried person can become a Director in a company, but there are some legal and contractual points to keep in mind: Types of Directors a Salaried Person Can Become Executive Director (Whole-Time Director) – If the salaried person wants to be actively involved … Read more