We all are aware of the current health crisis which has gripped not just India but the entire world and it would be some time before we all get back to normalcy. Every business, whether big or small, has been affected due to Covid-19 and the impact has been more or less uniform all across the companies in every part of the globe.
Taking care of all aspects of your company can be quite challenging and one of the reasons why several companies are now hiring external agencies to manage many of the in-house processes including Accounting and Taxation, Human Resources and Public Relations to name a few. If you are also planning to outsource your accounting processes, we at Growth Secret are more than happy to help you with the best of services. …
Know about Wishfie?
Well, they have carved an identity as a social video app, where as a social bug you can share your opinion on topics floating in the air or things that concern the mass.
To understand the several tax and accounting complications that the company went through, let’s walk through their process of operation first.
Wishfie’s approach to work is highly professional, and hence, they wanted to put in place a highly accurate accounting system right from the start, to avoid complications at a later stage. For this, they consulted Growth Secret to extend assistance.
Here’s what Wishfie’s Co-founder, Akshay Pruthi has to say about Growth…
This case study is a vivid example of how Growth Secret’s observance and expertise in the sphere of GST, Income tax and accounting helps its client to increase their turnover and attain a substantial profit in their business.
Aala Libaas, a Delhi-based company, deals with ethnic Indian wear for men and women. The manufacturing fashion brand is over two decades old and holds approximately 35% of market share in their sector.
Aala Libaas is already an established company with years of experience in their domain. However, in terms of tax compliance and accounting practices they had been following traditional methods and were not much exposed to contemporary ways of managing accounts. With the introduction of GST (Goods and Services Tax) by the Indian Government in 2017, Aala Libaas found themselves in a baffling state, not knowing how to file their taxes. …