This article will delve into the intricacies of ICICI Bank…
The Union Budget 2025 is one of the most anticipated financial events of the year, shaping the economic roadmap for the country. From taxation reforms to industry-specific policies, it impacts…
Transform your order conversion rate with Magic Checkout. Simplify checkouts, reduce friction, and build trust to boost sales and customer loyalty.
The e-way bill portal streamlines the process of creating e-way bills. It ensures the smooth movement of goods across state borders. The portal offers various features, including generating single and…
The E-way bill is a crucial document introduced under the Goods and Services Tax (GST) regime, which tracks the movement of goods and ensures tax compliance. It serves as an…
Explore order conversion rate benchmarks by industry, channel, and device. Learn how to assess your e-commerce performance and boost conversions effectively.
TDS (Tax Deducted at Source) is a mechanism under Goods and Services Tax (GST) in which the payer deducts a specified percentage of tax from the payment made to the…
The introduction of the Goods and Services Tax (GST) in India marked a notable transformation in the country’s tax landscape, which aims to rectify prevalent flaws in the previous tax…
Input Tax Credit (ITC) is a mechanism in GST that allows businesses to reduce their tax liability by claiming credit for the taxes paid on purchases. For job work that…
What Is a GST Clearance Certificate? The GST Clearance Certificate is a necessary document provided by Indian tax authorities that certifies a taxpayer’s compliance with the regulatory framework. It acts…
Accurate GST calculation is vital for businesses to ensure compliance with tax regulations and avoid penalties. For large enterprises handling numerous invoices, Excel sheets offer a practical solution to manage…
Navigating the complexities of Goods and Services Tax (GST) compliance, especially with E-Way Bills (EWBs), can be daunting for businesses. Effective management of these digital documents is crucial for seamless…
[Source] You may ask, ‘What is a GST e-way bill?’ An electronic way bill (e-way bill) is an electronically generated document required to move goods valued above ₹50,000. GST-registered individuals…
Input Tax Credit (ITC) is the cornerstone of the Goods and Services Tax (GST) framework. It allows businesses to reduce their tax liability by claiming credit for the GST paid…
Goods and Services Tax (GST) was introduced in India with the goal of simplifying the indirect tax structure by integrating multiple taxes into a single tax. However, GST implementation presented…
Understanding what is Input Tax Credit (ITC) is crucial for businesses navigating the Goods and Services Tax (GST) framework. ITC allows taxpayers to claim credit for the GST paid on…
The Goods and Services Tax, or GST, is a comprehensive tax levied on goods and services in India. It has three components: the Central Goods and Services Tax (CGST), the…
As a business owner or entrepreneur in India, understanding who qualifies as a taxable person under the Goods and Services Tax (GST) regime is crucial. A taxable person is any…
Businesses in India can voluntarily register for the Goods and Services Tax (GST) structure, even if they are not legally obligated to do so. When a business chooses optional GST…
GST registration is a legal cornerstone for businesses in India. This document helps businesses be recognised as legitimate suppliers on various e-commerce platforms, enhancing their credibility. GST registration also allows…
The GST registration limits have been significantly changed to simplify compliance for Micro, Small, and Medium-sized Enterprises (MSMEs). The Goods and Services Tax Council proposed these changes during its 32nd…
One crucial aspect of online selling is obtaining a Goods and Services Tax (GST) registration, which is mandatory for most businesses. If your yearly revenue in India exceeds ₹40 lakhs,…
Businesses in India must register for GST (Goods and Services Tax) if their annual turnover exceeds the threshold limit of ₹40 lakh (or ₹20 lakh for special category states). Certain…
What is GST? India introduced the Goods and Services Tax (GST) in 2017 as a unified indirect tax system to replace several state-level taxes by combining multiple taxes into one.…
Aadhaar Card Update Last Date The deadline to update your Aadhaar card details on the UIDAI portal is June 14, 2025. This extension gives residents additional time to update their…
Do you want to know more about the various tax rates levied on all countries’ food and beverages? Read more to find out.
UPI reference number is a critical element in digital payment methods, particularly in the context of Unified Payments Interface (UPI) transactions. This unique alphanumeric code plays a pivotal role in…
The 55th GST Council Meeting, held on December 21, 2024, in Jaisalmer, Rajasthan, resulted in a series of key decisions aimed at refining India’s Goods and Services Tax (GST) framework.…
Writing an effective blog that captures the attention and imagination of a reader is an art. Ace the process of writing the perfect blog and more through this article.
Transaction settlement refers to the process by which funds from a cardholder’s bank are transferred to a merchant’s bank account after a card-based transaction. For debit cards, funds are withdrawn…
Cheques have been a widely used payment method for decades, allowing individuals and businesses to transfer funds securely without the need to carry large amounts of cash. This comprehensive guide…
In the recent 55th GST Council meeting held on Saturday, December 21, 2024, Finance Minister Nirmala Sitharaman proposed a significant change—a uniform 18% GST rate on the sale of old…
What Is a QR Code? A QR code (Quick Response Code) is a two-dimensional barcode that stores data. Unlike traditional linear barcodes, a QR code can hold much more information…
The handbag market in India is booming, valued at approximately US$4.50bn, and expected to grow at a compound annual growth rate (CAGR) of 5.10% from 2024 to 2029, offering a…
Selling furniture online has gained popularity as digital shopping becomes the norm. People now prefer browsing and buying furniture from the comfort of their homes, leading to a surge in…
What is the Full Form of ATM? The full form of ATM is “Automated Teller Machine.” The term ATM comes from “Automated,” indicating it works automatically, and “Teller,” referring to…
In today’s fast-paced business landscape, streamlining financial processes is crucial for success. Auto debit is a powerful tool that has gained popularity among businesses and consumers alike. By setting up…
Discover the truth behind common myths about order conversion rate and how to optimize it for higher e-commerce performance.
What is Cross-Border e-commerce? Cross-border e-commerce is the practice of selling products and services to international customers through online channels. This differs from traditional cross-border commerce, which includes both online…
In the digital world, the terms “e-commerce” and “e-business” are often used interchangeably. However, while they are related concepts, there are key differences between e-commerce and e-business that are important…
A lean business model focuses on reducing waste while maximising value. It helps you achieve more with fewer resources by identifying unnecessary processes and cutting them out. The idea is…
In the world of digital photography, selling photos online has become an increasingly popular way for photographers to monetise their work. Whether you’re a professional photographer or an amateur with…
If you’re a book lover looking to declutter your shelves or an entrepreneur seeking a new income stream, selling books online is a great option. With the rise of e-commerce,…
What Is An E-commerce Business Model? An e-commerce business model outlines how a company makes money online. It includes a value proposition that shows what makes the business unique. The…
A traditional business model is a decades-old conventional approach to conducting business. It outlines how a company creates, delivers, and captures value through its products or services. This comprehensive guide…
Latest Update on GST on Clothes The GST Council, during its meeting held on Saturday, December 21, 2024, proposed significant changes to the taxation structure for apparel under the Constitution…
What Is Omnichannel E-commerce? Omnichannel e-commerce is a multichannel approach to sales that provides customers with a seamless shopping experience across all channels, including online platforms, mobile apps, physical stores,…
Learn how to improve your order conversion rate with actionable strategies, including A/B testing, checkout optimization, and personalization techniques.
SMS payments, or paying through text messages, have emerged as a convenient and secure payment solution for businesses and consumers alike. In this digital era, the ability to pay via…
What Is 3D Secure (3DS)? 3D Secure (3DS) is an authentication protocol designed to enhance the security of online card transactions. It ensures that only the authorised cardholder can complete…
What Is a PayFac (Payment Facilitator)? A Payment Facilitator (PayFac) acts as a merchant services provider, enabling businesses to quickly set up electronic payment solutions. By partnering with PayFac, you…
What Is a Debit or ATM Card AMC? A Debit or ATM Card AMC refers to the annual maintenance charges imposed by banks for maintaining your debit card and providing…
In today’s fast-paced world, credit and debit cards have become essential financial tools for young Indians. Whether it’s for online shopping or making quick payments at stores, these cards offer…
What Are Real-Time Payments (RTP)? Real-Time Payments (RTP) refer to immediate account-to-account fund transfers where the beneficiary can access the funds almost instantly. This system allows for real-time confirmation and…
In Chapter 1, learn all about order conversion rate – its importance, how to calculate it, and key factors that impact your e-commerce performance.
ATM fraud refers to unauthorized access to your personal or financial information during ATM transactions, making it crucial to safeguard your data to avoid financial losses and ensure secure electronic…
A debit card is a bank-issued payment card linked directly to a customer’s account, enabling secure purchases and cash withdrawals. It deducts funds instantly, providing a cashless and convenient way…
What is a Business Model? A business model is a company’s plan for how it will create value for its customers, deliver that value through its products or services, and…
In today’s increasingly digital world, credit card fraud in India has become a significant concern for consumers and financial institutions alike. As more transactions shift online and contactless payments gain…
What is a Bulk Payment? A bulk payment, or batch payment, is a financial process consolidating multiple payments to different recipients into a single transaction. This efficient approach allows businesses…
Introduction In 2023, the bad debt-to-sales ratio ranged between 0.07% and 1.37%, showing just how much debt can impact the stability of companies. This is where understating gearing ratio’s meaning…
HR Executive Job Description HR executive job description includes managing recruitment, employee engagement, and compliance while shaping its organizational culture. HR executives play a crucial role in creating a productive…
Writing self appraisal comments doesn’t have to feel like a chore! Think of it as your chance to reflect on your achievements, pinpoint growth areas, and set clear goals for…
Introduction Did you know that unscheduled absenteeism rate ranges from 5% to 10% per year leading to loss in potential revenue. This figure not only highlights the financial stress on…
What is C2C eCommerce? C2C eCommerce (consumer-to-consumer) is a business model where individuals trade products or services directly with each other, typically through online platforms or marketplaces. These platforms facilitate…
The Unified Payments Interface (UPI) has revolutionized the way we make digital transactions in India. With the recent addition of credit card support, UPI has become an even more versatile…
What Is Electronic Bill Presentment and Payment? Electronic bill presentment and payment (EBPP) is a comprehensive system that allows companies or service providers to deliver bills to customers, view them,…
Tax Identification Number (TIN) is a unique identification number assigned to individuals and businesses for tax purposes in India. Read this blog post to know more.
A demand deposit is a type of bank account that allows account holders to withdraw funds at any time without prior notice, making it one of the most accessible and…
Different types of leaves in India are casual leave, earned leave, sick leave, maternity leave, marriage leave, bereavement leave, comp off, sabbatical leave and a few more. Read this blog post to know all about it.
A salary certificate is an essential document that verifies an individual’s income and employment details. Get free Word and PDF template here.
Telecallers, often referred to as the voice of a business, play an essential role in bridging the gap between companies and their customers. Whether reaching out to new leads or…
Overdraft facility is a credit facility offered to account holders allowing cash withdrawals even if the account balance is zero or negative. It acts as a safety net during unforeseen…
Sales executives are the driving force behind revenue generation and customer acquisition in any organization. They play a vital role in identifying opportunities, building relationships, and closing deals to achieve…
Admin executives play a critical role in managing the day-to-day operations that keep a business running efficiently. When hiring an admin executive, it’s important to use a well-crafted admin executive job…
Every business relies on contracts to keep their operations running smoothly, but managing them effectively can feel challenging. A report by KPMG believes that 40% of a contract’s value is…
Introduction Did you know that the Labour Welfare Fund is one of India’s few statutory frameworks dedicated to improving the well-being of employees? Many companies and employees remain unaware of…
Introduction A Forbes study shows disengaged employees cost businesses 34% of their annual salary. That’s about ₹20,400 for someone earning ₹60,000 yearly. Keeping unmotivated employees affects profits, but letting them…
Job training is a the natural very first-step to equip employees with the skills needed to meet workplace challenges. Whether it’s onboarding new hires or helping seasoned professionals adapt to…
Undercapitalization is one of the most common challenges businesses face, particularly in their early stages or during times of rapid growth. It occurs when a company lacks sufficient capital to…
Did you know that employees cite casual leave as a critical factor in maintaining a healthy work-life balance? Whether it’s a personal emergency, a family responsibility, or simply a day…
HR compliance is the process of bringing an organisation’s HR policies in sync with the labour laws prevalent at the city, state, country, and global level and in accordance with industry-specific laws.
Understanding Overtime Pay At its core, overtime pay is additional compensation for work done beyond standard hours. While the concept may seem straightforward, the laws and regulations governing it are…
Reviewed by CA Sugandha Bhatia What is Debt to Equity Ratio? Debt to equity ratio is a metric that is used to evaluate a company’s financial leverage. It indicates whether…
HRD full form is Human Resource Development. In this blog, we discuss the features, objectives, types, functions, importance, and other relevant information related to HRD.
What is Fixed Pay? Fixed pay is the guaranteed monthly compensation paid by a company to its employees for work done. The amount of fixed pay given to the employee…
A Google Pay (GPay) transaction failure occurs for various factors, such as insufficient funds, technical glitches, or connectivity issues, can cause this issue. The users who experiencing transaction failures should…
Managing outstanding balances effectively is crucial for maintaining financial health and avoiding unnecessary penalties. This article explores the outstanding amount types, impacts, and practical tips for handling outstanding balances, helping…
Managing one-time or irregular transactions requires flexibility and quick solutions, making ad hoc payments essential. These payments address unique financial needs outside regular payment cycles. This guide explores ad hoc…
What Is Fraud Detection in Financial Transactions? Fraud detection in financial transactions is identifying and stopping fake or unauthorised activities in financial systems. It ensures customer security by monitoring transactions…
A payment schedule is a critical tool for organising and tracking financial obligations, ensuring timely payments, and streamlining financial planning for individuals and businesses alike. It serves as a roadmap,…
The UPI (Unified Payments Interface) has revolutionized digital payments in India, making money transfers quick, easy, and secure. However, despite its many advantages, UPI payments can sometimes fail for various…
PhonePe Transaction Limit Per Day The PhonePe UPI transaction limit per day is ₹1 lakh (₹100,000) for all users. In 24 hours you can send money only a maximum of…
What is Straight Through Processing (STP)? Straight-through processing (STP) is an automated electronic payment process that enables financial transactions to be conducted from start to finish without the need for manual…
Real-Time Gross Settlement (RTGS) is a system developed by the Reserve Bank of India (RBI) for instant and secure high-value fund transfers. The State Bank of India (SBI) offers this…
Get ready for a successful holiday sale with 13 expert tips to convert more shoppers and maximize your e-commerce profits this season.
What is UPI Transaction Status? The Unified Payments Interface (UPI) transaction status indicates whether your money transfer is in progress, successful, pending, or has encountered an error. Read More About:…
What Is Transaction Monitoring in AML? AML transaction monitoring is a continuous process of scrutinizing customer transactions, including deposits, withdrawals, and transfers, to identify patterns or activities that deviate from…
Applying for an SBI ATM card has never been easier, thanks to the numerous methods available for both tech-savvy users and those who prefer traditional ways. In this detailed guide,…
What Is a Prepaid Card? A prepaid card is a payment card preloaded with a specific amount of money, enabling you to make purchases, withdraw cash, or pay bills. Similar…
Payroll management is an end-to-end process of onboarding employees, calculating their monthly salaries, bonuses, benefits, and tax deductions like EPF, PT, TDS, ESI.