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Outsourcing Finance & Accounts – A revolution to experience The outsourcing industry has grown rapidly and systematically over the last couple of decades with India being at the epicentre of the action.   Yet there are numerous businesses globally who are far away from considering outsourcing as an alternative to in house functions.   The question that remains for them is - why they should start shifting non-core activities overseas?   Isn’t outsourcing your accounts to someone who isn’t a native English speaker and working thousands of miles away risky?   So here we will deal with explaining why outsourcing pros weigh out the cons. As businesses expand, many of them look for strategies to help control expenses, stay ahead of the competitors, and implement novel solutions without increasing overheads. Outsourcing of Finance & Accounts, when professionally managed, happens to be a sure shot solution sufficing those requirements. Still, not everyone is open to change a

Goods & Service Tax Monthly GSTR-1 Filing Due Date Extended The government has modified the due date for filing of final Goods and Service Tax (GST) sales returns by businesses with turnover exceeding ₹1.5 crore to the 11th day of the succeeding month. Currently, such businesses are required to file GSTR-1 or final sales return of a particular month by the 10th day of the succeeding month. In a notification issued today, the Central Board of Indirect Taxes and Customs (CBIC) has stipulated that details of outward supplies for July 2018 to March 2019 has to be filed by the 11th of the succeeding month. All other deadlines remain unchanged for businesses with turnover below & up to ₹1.5 crore. For any queries feel free to write to us at info@gjmco.in Thanks & Best regards, Knowledge Base Team GJM & Co. Chartered Accountants www.gjmco.in