Nuts & Bolts of Tally Filesystem: Embedded Indexing
Nuts & Bolts of Tally Filesystem: Embedded Indexing Imagine software products as machines, operating by coordinating numerous moving parts. Many engines operate each part, to ensure efficient function without impacting existing functionality or upgrades or maintenance requirements. One such engine that runs Tally is called the Tally filesystem or database engine – we would like […]
Digital Payment Requests in TallyPrime via UPI
Digital Payment Requests in TallyPrime via UPI Electronic payments have gained increasing attention as an easy means of providing payments to customers and settling transactions. TallyPrime can assist businesses of any size with accepting digital payment through QR codes, links or any other digital platform to streamline and increase the return exponentially on digital payment […]
Top Causes of GST Notices Demystified
Top Causes of GST Notices Demystified Goods & Service Tax (GST) was implemented in India to create an efficient, simple and error-free tax structure. Since its implementation it has seen an exponential rise in compliance requests that has resulted in numerous GST notifications to taxpayers that signal potential ambiguities or lack of compliance with GST […]
GST E-invoice Mandate: Including 6-Digit HSN for Wholesale Tax
GST E-invoice Mandate: Including 6-Digit HSN for Wholesale Tax Suppose you are a wholesale business owner operating a venture whose aggregate annual turnover (AATO) is Rs. 5 Crores and above. Before, while creating e-Invoices of your transactions, you simply filled in the name of the product, its quantity, the price per item and the tax […]
Top Highlights for MSMEs in Union Budget 2024
Top Highlights for MSMEs in Union Budget 2024 Curious about the Union Budget 2024 of India and how this budget has plans to assist the MSMEs this year around?The Finance Minister delivered the Budget 2024 speech in Parliament today and here are multiple reforms for MSMEs. These announcements are designed to promote the development of […]
E-Invoicing Grace Period Provided for Non-VAT Registered Taxpayers
Last year for instance, the Kenya Revenue Authority KRA decreed that all taxpayers have to shift toward electronic invoicing through the Electronic Tax Management System (eTIMS). The first deadline for the integration into eTIMS was originally set for 01 . 09. 2023. However, since a few taxpayers experienced integration and technical issues in this process, […]
