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CGST | SGST |IGST

CGST | SGST |IGST

After learning about GST and its implications, let us look into the depth of GST in India. GST in India will not be a single taxation system but a dual taxation system in which both the state and center will collect tax on a single transaction of service or good. CGST, SGST, IGST are a …

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INTRODUCTION TO GST

INTRODUCTION TO GST

For many years the average Indian businessman has toiled with incessant payment of taxes at different levels.  With the introduction of GST, this cascading effect of the tax is eliminated. GST merges all the taxes prevalent presently into a single system of indirect taxation. GST in India is a destination based* taxation system. This is …

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7 SURPRISING ITEMS UNDER THE 28% TAX BRACKET UNDER GST

7 SURPRISING ITEMS UNDER THE 28% TAX BRACKET UNDER GST

Although the final list of items proposed under GST has not been released yet, there is speculation and news regarding a few items. It is surprising to read them under the highest tax bracket of 28%! Comment below to express your views on the same. Lottery Tickets: Many states receive a lot of revenue because of …

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TIPS FOR SMES AHEAD OF GST

TIPS FOR SMES AHEAD OF GST

GST is going to be implemented in less than a month, and its implementation brings forth an atmosphere of ambiguity for businessmen in India. Its impact on consumers, businessmen, the government and the entire nation will be both monumental and notable as it’s the biggest tax reform in the country since independence. Though its positive …

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ARE YOU INVESTING IN YOUR BUSINESS ENOUGH?

ARE YOU INVESTING IN YOUR BUSINESS ENOUGH?

This blog is in regard to the small businesses who are confused whether to invest more for expansion or not, so we will give insights which will encourage the reader to go for loans via FlexiLoans. “Are we investing in our business enough?” This is a question that plagues most small businesses. There is only …

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WAYS INVENTORY LOANS CAN SCALE YOUR BUSINESS

3 WAYS INVENTORY LOANS CAN SCALE YOUR BUSINESS

SMEs which run a product-oriented business often struggle with inventory management issues, especially during the peak season or when the cash flow is not enough to fulfill the orders. During such times, inventory loans are the best solution. What are inventory loans? Also known as inventory financing, these are small business loans that businesses can …

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HOW TO OBTAIN COLLATERAL FREE LOANS FOR ONLINE SELLERS?

An online retailer would mostly want to spend his time optimizing and growing his sales. An online retailer’s focus will always be on his product and the service he is offering his customers. Since most Ecommerce platforms have seller ratings, his aim is to ensure he maintains a good rating at all times so as …

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IMPACT OF GST ON SMALL AND MEDIUM ENTERPRISES

Businesses in India are booming yearly, every sector is growing by the day, and the government is implementing reforms and programs to create a successful environment for these businesses. The Goods and Service Tax bill (commonly known as GST) is going to be implemented by the government from 1st of July’17. This will be the …

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HOW TO FINANCE THE GROWTH OF A BUSINESS?

HOW TO FINANCE THE GROWTH OF A BUSINESS?

Evolution is the process of constant branching and expansion” – Stephen Jay Gould Expansion is the next step of a successfully run business. However, the means to achieve it may not always be an easy path. However, any driven business owner must be relentless in their pursuit of business expansion. For a business to be …

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