For a long time, many business owners and professionals have questioned why the Reverse Charge Mechanism (RCM) was brought under the ambit of the Goods and Services Tax (GST). What is the necessity of paying GST under RCM and subsequently availing it as an input credit? Is this not an unnecessarily tedious mechanism, especially for […]
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In recent years, the buzzwords dominating conversations across the globe have been digitalization and AI. India, too, has embraced this digital revolution, extending its reach even to rural villages. The emergence of paperless currency has been a game-changer, transforming a society once reliant on cash into one where digital payments are the norm. From seamless […]
For years, foreign entrepreneurs have often expressed concerns about the challenges of doing business in India. Issues such as complex policy guidelines and retrospective taxation amendments have made international investors cautious. However, the arena is changing rapidly. As consultants to overseas entrepreneurs, we have closely observed India’s business reforms and can confidently say that the […]
The government frequently introduces various schemes aimed at supporting Micro, Small, and Medium Enterprises (MSMEs). However, a pressing question remains—are the actual beneficiaries truly able to avail these benefits? Many MSMEs express frustration that while these schemes sound promising on paper, their real-world implementation leaves much to be desired. Here are some common Grievances of […]
Have you ever received pocket money from your parents? It may be for doing some chores or helping out a neighbour, assisting mama and papa in day-to-day activities or even as a birthday gift. If yes, you must have had dreams on how to spend it— The list would go on something like this…..Some chocolates? […]
In a world where generations shift and values evolve, the perceptions of success, security and satisfaction are constantly changing. Conversations with individuals across different age groups reveal fascinating aspects on how each generation perceives life, work and relationships. From the traditional outlook of older generations to the tech-driven approach of today’s youth, and the unknowns […]
At Total Strategic Solutions Pvt Ltd, we understand what exactly startups need to succeed. Our expert advice on Product/Services, Market Research, Business Plans and Strategies, along with Live Demos, empowers startups to make informed and assertive decisions. With over 30 years of experience, we have served as trusted advisors in planning, growth strategy and due […]
We are excited to share a recent success story where we helped a client resolve a complex issue involving backdated coverage of PF for certain exempted categories. Our* logical representation* and deep understanding of the regulations made all the difference in securing a positive outcome. Want to know more about how we tackled this challenge? […]
We are excited to share one of our success stories. A client of ours was facing a substantial tax notice under the Erstwhile Service Tax for Works Contract—a case where certain categories taxed under VAT were being incorrectly classified as taxable under Service Tax. After a five-year battle, our persistent efforts and logical representation led […]