Ministry of Finance recently disclosed on how honest billers and bill payers may be rewarded by the Department of GST. The “Mera Bill Mera Adhikaar” plan has been meant to energize residents and purchasers in India to demand real invoices from (people who sell things) while participating in business-to-person (who use a product or service) …
The Reserve Bank of India (RBI) has taken a significant step for fairness and transparency in disclosing penal charges. Instead of ‘interest,’ penalties will now be considered a ‘charge’ and not compounded further. This change won’t affect regular compounding of interest on loans. Regulated entities (RE) won’t add additional interest to penal charges. Many REs …
The Indian Stock Exchange: A Hub of Financial TradingWhen it comes to the world of finance, the stock exchange plays a crucial role. Think of it as a bustling marketplace where traders and buyers meet to exchange financial instruments like stocks, bonds, and commodities.In India, the stock exchange follows a set of rules laid down …
Introduction:In the unpredictable sea of entrepreneurship, small businesses face unique challenges in staying afloat. Like a sailor navigating rough waters, managing cash flow is the compass that ensures steady progress and long-term success. While sales and profits are essential, the lifeblood of any business lies in the management of its cash flow. In this blog, …