Tally is is widely used by businesses for various accounting and financial management tasks such as recording transactions, managing inventory, generating financial reports, and ensuring compliance with taxation regulations. Tally simplifies the accounting process and provides businesses with insights into their financial health.

Goods and Services Tax (GST) is a consumption-based tax levied on the supply of goods and services in many countries, including India. GST replaced multiple indirect taxes such as VAT, excise duty, service tax, etc., streamlining the taxation system. It aims to create a unified tax structure, eliminate cascading effects, and promote ease of doing business. GST is typically applied at multiple stages of the supply chain and is categorized into Central GST (CGST), State GST (SGST), and Integrated GST (IGST) depending on the nature of the transaction.