Finance Ppl: ARTICLES



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Showing posts with label ARTICLES. Show all posts
Showing posts with label ARTICLES. Show all posts

Concept Basics - Category of Goods

Following are the Category of Goods under GSTs two slab structure. They are 1) Merit rate items 2) Standard goods and services. ...
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Compliance Basics - Registration

Registration Applicability: With respect to GST law, the requirement is that: any business who aggregate annual turnover exceeds the p...
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How GST works!

Assuming the Product sale chain is as follows: from manufacturer → to wholesaler → to retailer → to consumer. Product Manufa...
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Crisp summary of Changes in Labour Code

Summary of Key Changes Between the erstwhile labour laws and the New Labour Code are given below: Consolidation Prior to ...
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Revised GST Rate slabs introduced in September 2025

The GST Council has announced revisions in GST tax slab, which shall come into effect wef 22nd September 2025. Before revision : Prese...
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Sales cut off procedures

What do you mean by Sales cut off: Sales cut-off means recording sales in the correct accounting period by including only those trans...
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Perpetual inventory verification

Perpetual inventory verification refers to the process of ensuring the accuracy of real-time inventory records maintained by a perpetual...
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Inventory Valuation series-Part 1

What Is Inventory Valuation? Inventory valuation is the process of assigning a monetary value to the inventory items that the company h...
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Role of depreciation in financial statements

In this article, we shall discuss about depreciation and its impact on financial statements. Definition of concepts of relevant to Dep...
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The March End!

The year-end closing is dramatically addressed by folks in Finance dept as “March end has come” like the famous phrase “winter has come”....
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What all to evaluate while looking for Cost reduction opportunity?

Approaches towards Cost Reduction: it's important to take a balanced approach that does not just push for immediate cost cuts...
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