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How to Remove GST from a Total Amount
Learn how to remove GST from a total amount that already includes tax: the exact formula, worked examples at 5%, 18% and the 40% special rate, common mistakes, and when to use a reverse GST calculator instead of doing it by hand.
Latest articles
A Simple Monthly Finance Routine for a Small Business
The same five steps, at the same time each month, keep your numbers reliable and make problems visible while they're small.
Invoice Payment Terms Explained: Net 30, Net 60, 2/10 Net 30 and More
Your payment terms decide how long your money sits with the customer, and you set them before the work even starts.
Cash Flow Forecasting: How to Build a Simple 13-Week Forecast
A forecast won't stop a cash shortfall. It shows you one six weeks early, while you still have options.
Business Expense Categories: How to Organise Your Costs
A bank statement lists every payment. Expense categories turn that list into answers about where your money goes.
Hidden Profit Leaks: Where Businesses Lose Money Without Noticing
Most businesses don't lose money in one big mistake. They lose it in small amounts, repeatedly, in places nobody looks.
What Is Working Capital? Formula, Examples and Why It Matters
Two businesses with the same profit can have very different breathing room. Working capital is the reason why.
Accounts Receivable Explained: Tracking and Collecting What You're Owed
A sale isn't finished until it's paid. Receivables are the gap between the two, and the place most cash quietly goes missing.
Credit Note vs Debit Note: What Each One Does and When to Issue It
Never edit a sent invoice. A credit note or debit note corrects it and keeps the record honest.
What Is a Purchase Order? How POs Work, With Examples
A PO records what was agreed before any money or goods move, which is exactly when misunderstandings are cheapest to fix.
Why Revenue Growth Can Leave a Business Short on Cash
Profit shows up the day you make a sale. The cash can take months, and the faster you grow, the wider that gap gets.
Advance Tax for Freelancers: Due Dates, How Much to Pay, and What Happens If You're Late
The four dates, the percentages, the presumptive-taxation exception, and what actually happens (in rupees) if an instalment is missed.
Section 44ADA Presumptive Taxation: How Freelancers and Professionals Are Taxed
Who actually qualifies for 50%-of-receipts taxation, the ₹50L/₹75L limits, what happens if you declare less, and which law applies to the return you're filing right now.
MSMED Act: What Happens When a Client Pays You Late (45-Day Rule and Interest)
If you're a Udyam-registered micro or small business, the law caps how long a client can take to pay, and makes a late payment expensive for them. Here's exactly how.
Sole Proprietorship vs LLP vs Private Limited: Which Structure Fits Your Business
Liability, compliance cost, audit requirements and tax rate, side by side, and a straightforward way to decide which one actually fits your business.
TDS Deducted From Your Freelance Income: How to Check Form 26AS and Claim Credit
A client deducted TDS from your invoice. Now what? How to check Form 26AS, claim the credit, and fix it when the numbers don't match.
What Is Form 16 and How to Read Every Section of It
The document every salaried employee holds and few actually read. Part A vs Part B, how to check it against your payslips, and what to do if it doesn't match.
Professional Tax by State in India: Which States Charge It, and How Much
"Commonly ₹200 a month" is true in some states, ₹0 in others. Which states levy professional tax, roughly how much, and which charge nothing at all.
Provident Fund Explained: Employee vs Employer Contribution and Withdrawal Rules
Every salary calculator computes your PF deduction correctly. Almost none explain the EPS split, your UAN, or the 5-year rule that decides whether withdrawing is tax-free.
GSTR-1 vs GSTR-3B: Key Differences, Due Dates and What Businesses Need to File
GSTR-1 is your detailed sales record; GSTR-3B is the summary return that pays the tax. Here's exactly how the two fit together, and why they need to match.
GST Late Fees and Interest: How Much You Actually Owe for a Late Return
The late fee for a late GSTR-1 or GSTR-3B, the separate interest charge on late tax payment, and when the higher 24% rate actually applies.
E-Invoicing Under GST: Who Needs It and the Current Turnover Threshold
The current threshold, what it actually covers, the different rule it's most often confused with, and what happens if you're above the line and not doing it.
GST on Export of Services: LUT Filing and Zero-Rated Supply Explained
What actually counts as an export, the two ways to handle the tax, how LUT filing works, and the one-year deadline that catches people out.
Do Freelancers Need to Register for GST? A Decision Guide by Situation
It depends on your situation, not a single number. The common freelancer scenarios mapped to a clear answer, and what registering actually involves once you decide to.
What Are HSN and SAC Codes? A Practical Guide for Small Businesses
Almost every GST invoice has one, almost nothing explains it. What the codes mean, how many digits you actually need, and what happens if you get it wrong.
How to Set Your Freelance Rate: Converting Between Hourly, Daily and Project Pricing
Most underpriced freelance rates aren't a math error: they're built on the number of hours in a year instead of the number you can actually bill.
ROI Calculation Explained: The Formula, a Worked Example, and Where People Get It Wrong
A 45% return sounds identical whether it took eight months or eight years. ROI on its own can't tell the difference, and that gap is where bad comparisons happen.
Break-Even Point: How to Calculate It and What It Actually Tells You About Pricing
Break-even tells you the volume where you stop losing money. It says nothing about whether the business is actually worth running at that volume.
TDS on Salary: How It's Calculated and Why Your Payslip Doesn't Match Your CTC
TDS on salary isn't a flat percentage: it's your employer's running estimate of your annual tax bill, recalculated every time something about your income changes.
Flat Rate vs Reducing Balance EMI: Why the Same Rate Gives a Different Payment
An 8% flat rate and an 11% reducing-balance rate sound like an easy choice, until you run the numbers and find the '8%' loan is the more expensive one.
Best Free Business Tools for Freelancers and Small Businesses in 2026
Not a sponsored list: a working framework for choosing invoicing, quoting and organization tools, and an honest look at when one workspace beats five separate apps.
How to Write a Professional Quotation for a Client (With Examples)
A quotation is a promise about a price you haven't been paid for yet. Here's how to write one that holds up if the client says yes a month later.
Common GST Calculation Mistakes in India (and How to Avoid Them)
Five specific GST calculation mistakes, each with a real worked example, and the one habit that quietly costs the most money.
Invoice vs Receipt: What's the Difference and When Do You Need Each?
An invoice asks for money; a receipt proves it arrived. The difference sounds obvious until your bookkeeping depends on getting it right.
How to Create a Professional Invoice: A Practical Guide for Freelancers and Small Businesses
What actually belongs on an invoice, a realistic worked example, and the small mistakes that quietly delay payment by weeks.
How to Calculate Gross Salary from Net Salary
There's no one-line formula from net to gross: deductions are slab-based. Here's the step-by-step method, a worked example and a quick-reference table.
New vs Old Tax Regime: Which Is Better?
New regime or old regime for FY 2025-26? The slabs, a worked ₹15,00,000 example, and the one number that actually decides it, not the headline rates.
GST Inclusive vs GST Exclusive: Meaning and Examples
What inclusive and exclusive GST pricing actually mean, the formulas that convert between them, and the quoting mistake that eats into margin.
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