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GST Registration Process, Fees & Documents

Goods and Services Tax (GST) is a consumption-based tax that is imposed on the supply of goods and services in India. GST is a unified tax system that replaces several indirect taxes that were previously imposed by the central and state governments. Businesses that have an annual turnover of more than 20 lakhs (10 lakhs for northeastern and hill states) are required to obtain a GST number. In this blog post, we will discuss the process of obtaining a GST number for a business in India. Step 1: Determine Eligibility The first step in GST registration is to determine the eligibility of the business. As per GST laws, businesses with an annual turnover of more than 20 lakhs (10 lakhs for northeastern and hill states) are required to register for GST. In case a business is already registered under the VAT or Service Tax, it is mandatory to register under GST. Step 2: Choose the Right GST Registration Type There are three types of GST registration: Regular, Composite, and Special. Regular R

How Accountant Help Your Business

Accountants assume a vital part in the progress of any business. They are liable for keeping exact monetary records, planning fiscal reports, and giving significant knowledge into an organization's monetary wellbeing. In this blog Post, we will talk about the different manners by which A Accountant can help your business. 1. Financial Record Keeping An Accountant is liable for keeping up with exact monetary records for a business. This incorporates monitoring all pay, costs, and exchanges. They guarantee that all monetary records are cutting-edge and in consistence with state and government regulations. 2. Tax Preparation An Accountant can assist a business with exploring the complicated universe of expenses. They can help with the arrangement of government, state, and neighborhood expense forms. They can likewise give counsel on charge saving procedures, like allowances and credits. 3. Financial Statements An Accountant can give a business significant fiscal summaries, for exam

Brand Valuation - Meaning, Method, Formula, Models

The purpose of brand valuation is to estimate how much a company stands to gain from promoting a particular brand to consumers. In order to make educated choices about investments, acquisitions, and partnerships, Organisations need to have a firm grasp of the monetary value of their brand. A brand's worth can be calculated using a variety of ways, such as the income approach, the market approach, or the cost approach. Both the income and market approaches to brand valuation use projections of future profits to determine a brand's worth in relation to competitors. Using the price at which a comparable brand may be produced, the cost method determines the worth of a trademark. In order to determine the worth of a brand, the income approach is frequently Utilised. To calculate the true value of a brand's potential earnings, we discount those projections back to the present. This method works best for established brands that have a proven track record of profitability and ro

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