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Nidhi-alternate-to-Bank

Nidhi Company

Nidhi means a treasure, where money has been borrowed from its Members by way of issuing Fixed Deposit (FD), RD, Savings accounts etc. In India, to start the Nidhi Business is very easy and no need to take any License from Reserve Bank of India (RBI).  Nidhi business is popular in few States Like Tamilnadu, AP, […]

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Reconciliation facility for ITC shown in books of accounts and ITC as per GSTR 2A

Gst Reconciliation

Gst Reconciliation Reconciliation under GST- 11 Essential Points to note before the Annual GST Audit! Form GSTR-9C is one of the two annual return forms that businesses with a turnover of more than Rs.2 Crores need to file at the end of each financial year. Although the dates of filing this return have extended over

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New Wage Code-2021

New Wage Code-2021   The impact of new wage code for salaried employees from 1 April 2021. The new wage-code has merged below 7 Acts, namely, Minimum wages Payment of wages Bonus Act industrial relations Social security Occupational Health Safety From the above change, employees can expect changes in their Salary-slip with new definition of

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