• Our Blog

  • 11-Apr-2024

ROC Compliance Calendar for year 2024-25 related to FY 2023-24

What are ROC compliances? Depending on the context, ROC (Regulatory Compliance) can mean different things. For example, it can refer to "Report on Compliance" in the context of PCI DSS (Payment Card Industry Data Security Standard), or it can have a broader meaning that encompasses regu...

read more
  • 03-Apr-2024

Impact of the 45-Day MSME Payment Rule Starting April 1

The 45-day MSME (Micro, Small, and Medium Enterprises) payment rule, also known as the TReDS (Trade Receivables Discounting System) rule, is a regulation that mandates large companies to make payments to MSMEs within 45 days of the confirmation of goods or services. This rule is significant because ...

read more
  • 28-Mar-2024

What Are Indian Accounting Standards?

  Indian Accounting Standards Indian Accounting Standards (Ind AS) are a set of accounting standards notified by the Ministry of Corporate Affairs (MCA), Government of India, in accordance with the Companies Act, 2013. These standards are largely converged with the International Financial...

read more
  • 05-Mar-2024

What is GSTR-1? | How to file GSTR 1

What is GSTR-1? Goods and Services Tax (GST) has revolutionized the taxation system in India by replacing multiple indirect taxes with a unified tax structure. Under the GST regime, businesses are required to file various returns to comply with tax regulations. One such crucial return is GSTR-1, ...

read more
  • 01-Mar-2024

Difference Between Old Vs New Tax Regime: Which is Better?

A Guide to Tax Rates in the Old and New Regime The choice between the old tax regime and new tax regimes depends on various factors, including individual financial situations, income levels, and specific deductions or exemptions that a taxpayer can avail. Here are some key differences betwee...

read more