Managing a community, whether it is a residential society, a professional association, or a nonprofit group, requires a unique set of skills and responsibilities. A community management professional plays a vital role in ensuring smooth operations, fostering harmony, and maintaining the overall well-being of the community. This article explores the multifaceted role of a community management professional, highlighting key duties, challenges, and best practices. What Does a Co

Introduction If you are part of a housing society management committee  in India, you’ve likely wondered — “Does our housing society need to pay GST?”  or “How do we stay GST compliant?” In this blog, we’ll explain everything about Housing Society GST Compliance in India , step by step. Whether you’re a treasurer, chairman, or accountant , this guide will help you understand when GST applies, how to register, file, and stay compliant  — with practical tips from experts at My

Housing Societies and Taxation: A Comprehensive Guide ======================================================= Housing societies are formed to manage common amenities, ensure the smooth functioning of residential complexes, and promote the welfare of their members. While their primary aim is not profit-making, housing societies do fall under the purview of Income Tax. Many committees and members often have questions: Do housing societies need to pay tax? What income is taxable

Financial audits are essential for maintaining transparency and trust within any society or organization. Mastering society financial...

सोसायटी अकाउंटिंग आणि व्यवस्थापन: आर्थिक जबाबदारी आमच्यावर सोसायटी अकाउंटिंग आणि प्रशासकीय काम हे नेहमीच आव्हानात्मक आणि वेळखाऊ असतात....

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Introduction: Setting the Stage for Financial Transparency In the intricate dance of co-op society management, financial transparency...

I Register (Membership Register): This register contains details of all the members of the cooperative society. It includes information...

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In today's digital age, fostering a vibrant online community is essential for any society looking to thrive and grow. As the world...

Introduction: In the ever-evolving landscape of residential community management, the creation of a robust financial roadmap is...

Introduction: In the realm of community living, the management of society finances plays a pivotal role in ensuring smooth operations and...

Introduction: Embarking on a transformative journey, My Society Account has witnessed substantial evolution, marked by significant...

In the pursuit of elevating resident satisfaction within community living spaces, one cannot underestimate the pivotal role played by...

Introduction: In the realm of residential societies, the cornerstone of a thriving community lies in transparent financial management....