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What is Credit Monitoring?

Credit monitoring is tracking of borrowers of any changes in their financial health, business, or environment which would impact their financial behaviour, so as to notify banks and lending institutions. This gives lenders a true picture of any major business impacting changes due to change in industry or behaviour of the business owners. It helps …

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Important Changes in GST

In the GST Circular No. 174/06/2022-GST dated July 06, 2022, the Central Board of Indirect Taxes and Customs (CBIC) specified the form GST PMT-03A to be used for the recredit of electronic credit ledgers.   Also, GST Notification 17/2022 mandates e-invoicing for taxpayers having AATO above Rs. 10 crores from October 1st, 2022