TYASuite - Cloud ERP Solutions

Fighting COVID-19 - Social Distancing The COVID-19 pandemic has spread in an unprecedented way across the entire planet, and it is showing no significant signs of slowing down or getting contained. The global economy has suffered greatly due to the lockdowns and disruptions in the supply chain, but it is slowly beginning to recover. As businesses reopen, and the world begins to regain functionality, social distancing rules are a must for everyone to ensure that the pandemic stays under control. Why Social Distancing? Social distancing rules ensure that the COVID-19 virus does not get a chance to spread from potential carriers to healthy people. Most businesses require daily contact between employees, vendors, customers and other stakeholders. Ignoring social distancing can mean a complete breakdown of the recovery process, and an increase in the outbreak of COVID-19. With the blanket ban on any such contact, businesses must function through digital means of communication, c

Are you stuck with inflexibility and heavy cost of your existing ERP software? Talk to TYASuite Experts on how to get Flexible, Affordable and Plug and Play Cloud ERP. Is your company considering the implementation of an Enterprise Resource Planning (ERP) software to help you go digital and automate your business processes. You might be facing some common problems of ERP implementation - Will it streamline my operations after months/quarters of implementation time? Will the cost justify the benefits? Do I need to change my process just to adapt to the inflexible ERP? Can my existing team handle the transitional work load? ERPs can be very complicated systems, fraught with technical difficulties, implementation errors and on-going bugs and maintenance issues. The most important question that bothers companies is – which ERP shall they choose? There are big names in the ERP market, and some of the biggest are SAP, Microsoft Dynamics 365 and Oracle EVS / Netsuite. With

               Atma-Nirbhar Bharat Prime Minister Sri Narendra Modi emphasized the importance of a ‘Self Reliant India’ in fighting the COVID-19 crisis during his speech on May 12 th , 2020. The Core focus of his speech was  “Go Local”, “Be Vocal”  and  “Make it Global”.  He announced a recovery package of Rs. 20 lakh core which approximates 10% of India’s GDP. The package is targeted to cater to various sections including cottage industry, MSMEs, laborers, farmers & middle class. His vision for a  Self-Reliant India  will stand on the following five pillars: Economy  - Which brings quantum jumps and not incremental jumps Infrastructure  -Which should become the identity of India System  - Which are based on 21 st  century technology Vibrant Demography  - Which is our source of energy for a Self Reliant India Demand  - Whereby our demand and supply chain should be utilized to full capacity Let’s look at how you can benefit from the Rs. 20 lakh Crore package:

                                          Revised TDS Rates Chart Covid has left the entire world in a panic situation. Government is announcing bunch of measures to pump liquidity in the market. Through Press release on Revised   TDS rates   post Covid on May 13 th , 2020, CDBT announced Revised TDS rates and TCS for certain sections. Please do note that all sections rates are not reduced. For the benefit of our readers, we have summarized complete revised TDS Rates applicable for FY 2020-21 (AY 2021-22) effective May 14 th , 2020.   (COVID TDS Rates). New TDS Rates For Assessment year 2021-22: TDS Details Reduced TDS Rates (in %) (AY 2021-22)   effective May 14 th , 2020 Earlier TDS Rates (in %) (AY 2021-22) 1 where the person is resident in India- Section 192 : Payment of salary No Changes Normal Slab Rate/New Reduced Slab Rate Section 192A : Payment of accumulated balance of provident fund which is taxable in the hands of an employee. (Monetary Limit – Rs 50,0