Tag Archives: #FinancialPolicy

How to prepare financials of a company?

  User Intent Business owners, entrepreneurs, accountants, and finance professionals often seek guidance on preparing a company’s financials. This article provides a step-by-step approach to preparing financial statements while ensuring accuracy, compliance, and financial clarity. Introduction Financial statements play a crucial role in showcasing a company’s financial health. They help stakeholders, investors, and regulators understand… Read More »

What are the new compliance under gst?

  New compliance under GST New compliance under GST, Here are some common compliances requirements under the Goods and Services Tax (GST) in India. GST Registration: Businesses whose turnover exceeds the prescribed threshold are required to register for GST. GST Returns: Registered taxpayers need to file regular GST returns based on their category and turnover.… Read More »

Which items are liable for cess in GST?

Which items are liable for cess in GST In GST, cess is levy on certain goods or services that are consider to be luxury or sin goods, such as cigarettes, tobacco products, pan masala, aerated drinks, and luxury cars. For more information to visit https://www.gst.gov.in/ The proceeds from the cess are mean to be use… Read More »