What is a Letter of Recommendation? A letter of recommendation…
The GST Composition Scheme is ideal for businesses with a turnover of less than Rs 1.5 crore in a financial year. Read all about the composition scheme here.
Understanding reverse charge mechanism can help businesses surmise their transactions in a more comprehensive manner.
Assuming that you are registering under GST for the first time, you must follow the following steps in this article to check your GST registration status.
Input tax credit (ITC) under GST can be claimed by a registered person only if fulfils certain conditions. Read here to know all about the input tax credit.
In recent years, the popularity of iPhones in India has skyrocketed, despite their exorbitant price tags. iPhone users exhibit strong brand loyalty, driven by the perception of iPhones as a…
Discover the top 15 e-commerce trends for 2025 that will reshape the industry and transform the future of online shopping. Stay ahead with these key insights.
Understanding the Goods and Services Tax (GST) rates applicable to hotel rooms is crucial for both travellers and hotel owners. The rate of GST on hotel rooms varies based on…
What is GST Exemption? GST exemption refers to the exclusion of certain goods and services from the levy of Goods and Services Tax (GST), meaning no GST is charged on…
The process of indirect taxation has been simplified through GST returns. Read all about GST returns and more here.
Latest Updates on GST for Milk Products The 53rd GST Council has recommended a 12% GST on all milk cans, irrespective of material or use. This decision follows the Council’s…
Two major factors have driven the transformation of the e-commerce landscape. First, Amazon has revolutionised online shopping by offering product variety and fast delivery. Second, COVID-19 led consumers to shop…
Selling medicines online in India has become a promising venture, thanks to the surge in internet users and the growing demand for convenient healthcare solutions. This digital evolution has transformed…
Selling digital art online isn’t just about posting your work. It’s about building a brand that people connect with, promoting your art through social media and partnerships, and choosing platforms…
Entrepreneurial success depends on mastering both hard skills, like financial management, and soft skills, such as communication and adaptability. These skills are essential for navigating the challenges of entrepreneurship and…
ATM cards have become indispensable in today’s hectic lives for efficiently and swiftly managing our finances. Knowing how to use ATM cards efficiently can save you time and help you…
GST on Mobile Phones The GST on mobile phones is set at 18%, covering smartphones, feature phones, Android tablets, and iPads, effective from April 1, 2020. This uniform rate applies…
Starting a business is an exciting adventure with many opportunities and rewards. But it also comes with challenges, known as challenges faced by entrepreneurs, that can be tough to handle.…
GST impacts various sectors, including real estate, where rental services are subject to specific tax regulations. Knowing how GST applies to property rentals is essential for staying compliant and managing…
Goods and Services Tax (GST) is a comprehensive tax system that applies to both goods and services, including labour charges. Understanding how GST rates in 2024 are applied to labour…
Discover post-purchase behaviour’s impact on customer loyalty and profitability, and learn how Razorpay Buyer Protect enhances the customer experience.
The implementation of GST on May 18, 2017, significantly impacted the USD 28.38 billion Indian furniture industry. While some furniture types have seen increased costs, the Input Tax Credit (ITC)…
Transportation is key to India’s economy, linking markets and boosting trade. GST on transport services has reshaped the tax structure, affecting costs and operations. GST rates differ by service type…
Understanding GST on Life Insurance Premiums LIC life insurance premiums attract a GST rate of 4.5%, with 18% GST applied to 25% of the premium in the first year. LIC…
HR Systems, as the name suggests, streamline human resources management. These software applications are designed to help manage various human resource functions within an organisation. From onboarding an employee to…
An HR policy refers to a set of guidelines, rules, and procedures established by an organisation to govern the management of its human resources.
A letter of warning is a formal document that highlights the serious and specific concerns related to an employee regarding their performance. Addressing performance and behavioural issues to maintain a…
A Flexible Benefits Plan (FBP) is part of an employee’s salary that gives them more control of which CTC components they want to opt-in for and how much under each component.
Discover the benefits of a business credit line and learn how and when to utilise this flexible financial tool for your business growth.
Now is the perfect time to transition from a traditional career to full-time freelancing. In today’s remote and hybrid work environment, freelancers are thriving across all industries. From web designing…
Aadhaar Card Update Last Date The deadline to update your Aadhaar card details on the UIDAI portal is December 14, 2024. You can upload the latest documents on the UIDAI…
If you are an online seller and don’t have a website, how do you collect payments from your customers? Check our Razorpay’s solution to this problem.
Latest UPI Transaction Limit for Tax Payments The latest UPI transaction limit for tax payments has been increased to ₹5 lakh per transaction, up from the previous limit of ₹1…
What determines if CGST, SGST or IGST is applicable? What is Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST)? Read to know.
Learn how data analytics in marketing drives strategic growth. Discover why customer data is vital for staying competitive and boosting sales.
Gold has long been a valuable asset in India. Understanding the GST rate on 24 carat gold is crucial for buyers and sellers. This article provides a comprehensive overview of…
A salary increment letter is a powerful tool that defines your performance review in your organisation. It has all the details – your achievements and the contribution you have made…
What is a Resignation Acceptance Letter? A resignation acceptance letter is a formal document sent by an employer to acknowledge an employee’s resignation. It confirms that the employer has received…
Understanding the charges associated with Real-Time Gross Settlement (RTGS) transfers is essential when conducting high-value transactions. By knowing the fees, you can make informed decisions and ensure cost-effective and efficient…
Leave encashment is the amount of money an employee receives from an employer for their unutilised leaves. Read the blog post to know how to calculate leave encashment.
The 54th GST Council meeting was held in New Delhi on September 9, 2024, under the chairmanship of Union Finance Minister Nirmala Sitharaman. The meeting was also attended by Union…
Learn how retargeting ads work and discover effective strategies to boost your e-commerce conversions and drive more sales for your online store.
Karnataka Government Holidays List List of holidays as applicable in Karnataka, including Bangalore/Bengaluru, Mysore/Mysuru, Mangalore/Mangaluru, Hubli, Dharwad, Hubli, etc. Month Date Day Holiday January 1 Monday English New Year’s Day…
Tamil Nadu Government Holidays List List of holidays as applicable in Tamil Nadu, including Pooja holidays, Diwali holidays, Christmas and more, for Chennai, Coimbatore, Salem, Tiruchirapalli, Madurai. Month Date Day…
The PAN Aadhaar link is mandatory for all Indian citizens. The last date for PAN-Aadhaar linking was 30th June 2023. PAN cards not linked with Aadhaar will become inoperative after…
GST on Clothes, Readymade Garments and Textiles GST on Clothes priced below Rs. 1,000 are exempt from GST, while those priced at Rs. 1,000 or more attract a 5% GST…
In 2024, accessing your Aadhaar card is essential for various services and identity verification. The Unique Identification Authority of India (UIDAI) offers a convenient way to download your Aadhaar card…
In India, the Goods and Services Tax, GST on food items and GST on restaurant food varies depending on where you eat and what type of food service you’re using.…
If you haven’t linked your PAN and Aadhaar card, you risk higher income tax and your PAN becoming inoperative, which can prevent banking transactions over INR 50,000. Even though the…
NEFT (National Electronic Funds Transfer) is a reliable and convenient method for transferring funds between banks in India. To track the status of your NEFT transactions, log in to your…
What is an ATM? An automated teller machine (ATM) is an electronic banking machine that allows bank account holders or customers to complete basic transactions without the aid of a bank…
What Is a UTR Number? A Unique Transaction Reference (UTR) number is an alphanumeric code that uniquely identifies financial transactions in India. It is generated by banks every time a…
NEFT Timings in 2024 As per RBI, NEFT service is available round the clock 24×7 and 365 days on all days of the year. Hence, there are no restrictions on…
Razorpay Payment Pages allow you to accept donations in a hassle-free manner without a website or payment gateway integration.
Boost customer trust with key trust signals: reviews, clear return policies, and secure payment options to enhance your store’s credibility.
Freelance jobs are a paradise for individuals who wish to work independently with their own skill-set. But, recognizing your primary domain and expanding your network isn’t an easy task. Read more to find out.
The conflicting roles of a salesperson and marketer make it difficult to understand the distinguishing points between them. Read more to find out.
The fierce competition in the startup fraternity makes onboarding employees and retaining them very important. One of the rewards that most startups give out to nurture employee relationships are Employee Stock Options (ESOP). Read on to know more.
An order confirmation is among the primary steps in the process of buying a product. Read all about it here.
The thrill of working independently and establishing a business is a dream of many, but without the right guidance, that dream can come crashing down. Read more here.
Both RTGS and NEFT have their strengths. Let’s understand these strengths and decide which mode to use and most importantly, when.
B2C E-commerce has revolutionized business operations and consumer interactions in online shopping industry. By leveraging digital platforms, businesses can reach a wider audience, reduce costs, and enhance customer satisfaction. Consumers…
What is Cash Management? Cash management is the process of monitoring, analysing, and controlling cash flow. The aim of cash management is to ensure that the entity has enough cash…
Integrate one-click checkout to streamline your sales process, reduce cart abandonment, and offer a faster, smoother checkout experience.
Today, e-commerce is changing the way we shop. From small businesses like Amazon to giants like Walmart, companies are using online platforms to reach customers around the world. In 2023,…
ATM PIN generation is a crucial aspect of banking security, ensuring that only authorized individuals can access personal funds. A strong PIN is essential for protecting your financial information and…
What is NRE and NRO Account? NRE stands for Non-Resident External Account, designed for holding foreign earnings in Indian rupees. On the other hand, NRO, which stands for Non-Resident Ordinary…
What is a Trial Balance? A trial balance is a financial worksheet that lists all the balances of general ledger accounts in a company’s bookkeeping system. It’s essentially a summary…
By implementing a sound e-commerce strategy, business owners can stay ahead of their competition and decrease unnecessary expenses. Read more here.
It is the editor’s job to ensure that every piece of documentation going out is accurate, well-written, and easy to understand. They work with writers to improve their content to ensure it flows well while educating them about best practices for writing well in general. Read more here.
What is Near-Field Communication (NFC)? Near-Field Communication (NFC) is a short-range wireless technology that allows NFC enabled devices to transfer the data with each other within a close proximity of…
Reports suggest that today, most Indian consumers rely on online stores to make their purchases. Understand how to create an online store within 5 minutes.
Lead generation is vital for the initiation of consumer interest or inquiry into the products or services of a business. Read more here.
What is a Leave Approval Letter? A leave approval letter is an official communication from the manager to the employee approving time off. A good leave approval letter is an…
In 2023, India produced approximately 118,201 kt of steel, securing its position as the world’s second-largest steel producer. With the iron and steel industry in India expected to generate around…
Unlock your e-commerce potential with 19 crucial metrics to track and boost performance. Learn how to use key e-commerce metrics to dominate your market!
The UPI ID or VPA is what you share with your customers or family when they need to make payments to you.
A couple of weeks ago, I had ordered an English-language magazine on Blinkit. However, (perhaps due to unavailability) they decided to send me a different language edition, which I then…
Investment in gold and gold jewelry has been the go-to opportunity in India for some time. Though it has its benefits, it has its share of detriments as well.
Goods Transport Agencies (GTAs) are vital to the economy, facilitating the seamless movement of goods from production to consumption. However, understanding the Goods and Services Tax (GST) implications for GTAs…
Goods and Services Tax (GST) has reshaped the construction industry, influencing services and materials alike. This article delves into the GST rates on construction services and materials, recent updates, and…
What is an Interview Call Letter? An interview call letter is an official communication sent by the hiring team to a potential candidate, inviting them for an interview. It is…
GST (Goods and Services Tax), implemented on 1st July 2017, unified various state and central taxes into a single tax system, impacting educational institutions that were previously tax-exempt. This article…
The auto sweep facility helps you earn interest on the idle funds in your bank account by transferring them to a high-interest deposit.
GST has replaced most other indirect taxes has paved the way for a positive impact on small and medium enterprises. Read more to find out.
Goods and Services Tax (GST) has transformed India’s tax system since 2017, impacting various industries, including brick manufacturing. This article covers GST rates on bricks with their HSN codes, recent…
GST on TV (Television) led to a noticeable shift in the pricing of televisions. Before GST, televisions were taxed under a complex system involving VAT, excise duty, and octroi, leading…
Stationery products, from humble pencils to sophisticated office equipment, are essential for both individuals and businesses. However, understanding the Goods and Services Tax (GST) implications on these items can be…
Introduction of GST on Online Gaming The online gaming industry in India has seen significant growth, driven by widespread smartphone usage, affordable internet, and a young population. This sector includes…
Domestic car sales in the last financial year grew by nearly 9% to a record 4.23 million units, underscoring the significant momentum in the automotive industry. This growth highlights the…
GST Registration is mandatory for certain businesses in India. Read this article to understand the eligibility criteria for GST registration in India.
GST registration process is conducted online and must be completed on the official GST Portal. Any business that supplies services with an annual turnover exceeding Rs. 20 lakh (or Rs.…
What is UPI Transaction Status? The Unified Payments Interface (UPI) transaction status indicates whether your money transfer is in progress, successful, pending, or has encountered an error. How to Check…
Need quick cash? ATMs offer convenient access to your money, anytime, anywhere. But watch out for withdrawal limits! Banks set daily and per-transaction caps. To avoid fees, stick to in-network…
UPI reference number is a critical element in digital payment methods, particularly in the context of Unified Payments Interface (UPI) transactions. This unique alphanumeric code plays a pivotal role in…
What is ATM? The full form of ATM is Automated Teller Machine. It’s a self-service banking kiosk that allows you to access your bank account and conduct various transactions without…
What are Transaction Costs? Transaction costs are the fees incurred each time a transaction takes place, whether buying, selling, or transferring assets. These fees can either be a percentage of…
What is GSTIN? GSTIN is the abbreviation for Goods and Services Tax Identification Number. It is a 15-digit alphanumeric code assigned to every taxpayer registered under the GST regime. GSTIN…
In today’s digital age, ATMs remain essential for cash access. Safeguarding your ATM card starts with tracking its delivery. This guide outlines how to monitor your ATM card’s journey from…
Real-time Gross Settlement (RTGS) is an electronic fund transfer system that lets you transfer or receive money instantly and securely. It is one of the fastest and most reliable modes…
What is an Ex Gratia Payment? An ex gratia payment is a voluntary payment made by an organization, government, or individual as a goodwill gesture, without any legal obligation or…