What is TDS? Tax Deducted at Source (TDS) is a system introduced by Income Tax Department, where the person responsible for making specified payments such as salary, commission, professional fees, interest, rent, etc. is liable to deduct a certain percentage of tax before making payment in full to the receiver of the payment. As the…
In today’s scenario where doing business has become more stringent due to the mandatory requirement of complying with multiple & complex laws, taxation law is something you should outsource to an expert. Taxation laws not only in our country but worldwide are complex and not everyone’s cup of tea. As a business owner, you have…
We were planning to conduct a small workshop for business owners. There were a lot of activities to be done – Like sending invitations, confirming attendance, booking the venue, printing promotional materials, etc. Now, the problem was, we didn’t want to hire someone full-time just for this as it would involve more time and money.…
For small businesses, social media is the key to success. In the past, building a brand and attracting new customers was a daunting task, and while its far from easy, social media makes it more possible than ever before. If your business isnt on social media, its time to change that. Today well look at…
Update – Read about 5 Key benefits announced in Budget 2017 for startups. When finance minister, Arun Jaitley was about to open his Goodie Bag while presenting the union budget 2016, expectations from the startup community were sky high. In order to boost small business and MSME sectors, Mr. Jaitley announced various schemes and policies in…
A lot of businesses had to either change the way they work or shut down due to these fast-changing environments. This brings us to an important question – Can you future proof your business? Can we increase the chances of business survival? Let’s explore with a daily life example. Last weekend, I wanted to watch…
Now, get paid faster with ProfitBooks. You can now add a payment link to invoices when you email them to your customers. This guide shows how to integrate your Instamojo account and start receiving payments directly in ProfitBooks. Meet Instamojo Instamojo one of the best payment gateways in India. You can enable your customers to pay you…
Inventories that are mismanaged can create significant financial problems for a business. The use of inventory management techniques can reduce the troubles of the supply chain. And an inventory management solution can provide a better future for retail business. Raj owns a retail store in Mumbai and last year he started selling on eCommerce marketplaces.…
In our endeavour to help entrepreneurs to grow their businesses, we published lot of insightful articles last year. I’ve handpicked 12 of them that instantly stuck the cord with our readers. Hope you’ll enjoy these posts. Here are 12 best business articles of 2015 published on ProfitBooks blog Top 5 Payment Gateways & Wallet Providers…
Starting 15th November 2015, Hotel, Mobile Phone bills, airline tickets will get more expensive with the finance ministry of India deciding to impose a Swachh Bharat cess on all services. As a consumer, you will have higher input cost for your business and as a business owner, you need to be sure how to deal…