E-invoicing and the future of GST compliance in India

E-invoicing and the future of GST compliance in India

On October 1, 2020, mandatory e-invoicing under the Goods and Services Tax was fully enforced after being postponed twice in 2020. Although this latest invoice authentication method only applies to business-to-business (B2B) transactions by businesses with an annual turnover above 500 crores, there has been a strong initial response to e-invoicing for the time being. More than 65 lakh invoice […]

Know about latest benefits launched by the government for start-ups?

Know about latest benefits launched by the government for start-ups?

The primary objective of each startup is to expand and evolve at a fast rate. The utterance “Startup” goes beyond referring to a business that is just starting out, which typically refers to a technology-oriented business with high growth potential. Startup India was introduced by the Government of India on 16 January 2016. The purpose of this initiative, furthermore, was […]

Copyrighting in modern business: How and when should you copyright your work

Copyrighting in modern business: How and when should you copyright your work

In modern business, various devoted and savvy company owners understand the importance of intellectual property (IP) for the success of their company and end up naming patents, trademarks, and copyrights. These are some of the diverse variations which Intellectual property (IP) can present. But the differences between copyrights, patents, and trademarks, even for business people who regularly deal with IP, […]

How will GSTR 2A Additional Fields Affect Taxpayers for Credit Availability?

How will GSTR 2A Additional Fields Affect Taxpayers for Credit Availability?

Countries implementing value-added tax with credit mechanisms are grappling with the global menace of input tax credit frauds. In an attempt to curb this menace, the GST law introduced various anti-abuse provisions, which included matching the GST credit taken by a taxpayer with the GST paid by its supplier over the GSTN.Introducing changes in GSTR 2A Recently, the GST authorities […]

Useful Guide to Easy Company formation in Pune

Initiation of company registration is an important aspect for any entrepreneur to set up a business. A business has to comply with all the legal requirements before launching it in the market. New company registration services and filling is a monotonous process which requires precision and proper documentation. A company registration process must be done under expert guidance for error-free […]

Legalway LLP – Best GST Consultant in Pune

About Legalway LLPFounded in October 2013, with a mission to provide ease of doing business for entrepreneurs with the regulatory assents and related laws. LegalWay LLP is India‚Äôs largest online business service providing platform, dedicated to aiding businesses with legal solutions and management of financial compliances. Legal way is a one-stop solution for all the legal requirements with an array […]