Tag Archives: #ConsultingServices

Why accounting firms are partnerships ?

Partnership model in accounting firms

Partnership model in accounting firms Accounting firms often choose the partnership structure for several reasons: 1.Shared Expertise: Accounting firms typically consist of partners who are experienced and knowledgeable in the field of accounting. By forming a partnership, they can combine their expertise and skills, allowing for a broader range of services to be offered to… Read More »

What is the GST charge on consultancy services and what are the various slabs of it?

GST exempt State in India

GST charge on consultancy services Understanding GST on Consultancy Services: Slabs and Rates The Goods and Services Tax (GST) has streamlined indirect taxation in India by merging various taxes into a single, unified system. For professionals providing consultancy services, understanding how GST applies is essential for compliance and financial planning.  We’ll explore what the GST… Read More »