Setting up Payroll in Tally Prime is essential for businesses to manage employee salaries, wages, bonuses, and deductions efficiently. Tally Prime offers comprehensive payroll management features that allow you to automate payroll processing, maintain employee records, and generate statutory reports...
read more
Tally Prime 5.0 introduces several new features designed to enhance user experience and streamline business processes. Tally Prime Default TDL A new feature of Tally Prime Developer Release 5.0 is the addition of Connected GST code. Progress Bar has been enhanced and Strip...
read more
Pensioners have several tax-saving options available to reduce their taxable income and save money on taxes. Here are some common choices: 1. Tax-Advantaged Accounts Individual Retirement Accounts (IRAs): Traditional IRAs offer tax-deferred growth, and contributions may be tax-deduct...
read more
Almost all accounting tasks, including payroll, tax, audits, and banking, have been automated using AI, disrupting the accounting industry and causing important changes in how business is conducted. 1. AI boosts productiveness and quality while enhancing translucency and auditability. 2. ...
read more
Importing and exporting goods involves a series of procedures and requires various documents to comply with international trade regulations. Here is an overview of the documents and procedures involved in import-export activities: Documents for Import-Export A commercial invoice is a bil...
read more
To apply for a Tax Deduction and Collection Account Number (TAN) in India, you need to submit specific documents and follow the prescribed procedures. Here is a list of the key documents and information typically required for a TAN application: Form 49B: The application form for TAN. This can be ...
read more