Reverse Charge Mechanism Under GST: Simple Guide for Business Owners
Understand RCM under GST, common transactions, cash payment, self-invoicing, input tax credit and GSTR-3B reporting with a simple example.
Mohan Gupta
How to run a business
The Business Academy offers simple and practical guides for small business owners. It covers common questions and challenges that come up while starting, managing, and growing a business. The guides are divided into two sections, so you can quickly find information that is useful for your business today and return for more guidance as your needs change.
45 articles
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Guides for Starting a Business
Planning to start a business or just getting started? This section brings together practical guides to help you set up the right processes from day one. Learn how to manage your first customers and bills, maintain important records, handle basic compliance, and avoid mistakes that may become costly or difficult to fix later.
Explore 26 articles
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Guides for Growing Businesses
Already running a business and looking for more stability and control? This section brings together practical guides to help you manage the challenges that come with growth. Learn how to track your money, manage stock accurately, reduce manual work, improve daily operations, and prepare your business for the next stage.
Explore 19 articles
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Guides for Growing Businesses -
Guides for Starting a Business Debit and Credit Explained in Simple Words with Examples
Learn how debits and credits work with simple Indian business examples, including sales, purchases, GST, TDS, bank entries and common mistakes.
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Guides for Growing Businesses Presumptive Taxation for Small Businesses: Section 44AD and 44ADA Basics
Understand current turnover limits, 6%, 8% and 50% income rules, audit risks and the 2026 tax-law transition for small businesses.
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Guides for Growing Businesses How to Read Basic Financial Reports for Your Business
Learn how to read profit and loss, balance sheet, cash flow and other business reports through a simple Indian business example.
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Guides for Growing Businesses MSME Samadhaan for Delayed Payments: Simple Guide for Small Businesses
Learn who can use the MSME ODR portal, how the 45-day payment rule works, what records to keep, and what happens after filing a delayed-payment claim.
Mohan Gupta