Message: Return type of CI_Session_files_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::close() should either be compatible with SessionHandlerInterface::close(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::read($session_id) should either be compatible with SessionHandlerInterface::read(string $id): string|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::write($session_id, $session_data) should either be compatible with SessionHandlerInterface::write(string $id, string $data): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::destroy($session_id) should either be compatible with SessionHandlerInterface::destroy(string $id): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::gc($maxlifetime) should either be compatible with SessionHandlerInterface::gc(int $max_lifetime): int|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
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We all have known this by now that GST is one tax which has replaced multiple taxes like Excise duty, VAT, Service Tax, SAD & CVD in Customs. So with this only, one can believe that how much beneficial it is going to be for a Small and Medium businesses to focus on business expansion.
In GST for small businesses the cost of compliance is worth spending to move towards an organised tax regime. The key things which they have to be mindful of in GST regime are as follows:
Processing of transactions in books of accounts as on date when the transaction has been complete in form of sales or supply.
Timely payment of taxes, for which they have to plan there working capital requirements well in advance & also the terms also needs to be very clear with the customers.
Timely filing of returns in GST for all the transaction from sales, purchases, branch transfer.
Therefore the major aspect in GST which small businesses needs to be mindful of is that all above stated GST compliance should be done on accurate & timely to avoid litigation.
Also to make sure that there customers get timely benefit of Input Tax Credit they have to make arrangements of Working Capital in advance.
