News & Blogs
Common Accounting Mistakes Businesses Must Avoid Before Financial Year-End
As the financial year approaches its close on 31 March, businesses across India begin reviewing financial records, reconciling accounts, and preparing financial statements. This period
Tax Saving Tips for Salaried Employees Before the 31 March Deadline
As the financial year in India approaches its closing date on 31 March 2026, individuals and salaried employees often look for ways to reduce their
Bookkeeping Services in India: Prepare Your Business Accounts Before the 31 March Financial Year-End
As the financial year approaches its close on 31 March, businesses across India begin reviewing financial records, reconciling accounts, and preparing financial statements. For business
How to Close Your Business Books Properly Before 31 March 2026
As the financial year comes to an end on 31 March 2026, businesses across India must ensure that their financial records are accurate, organized, and
The March 31 Checklist: 7 Last-Minute Tax Actions and the 2026 Act Shift
As we approach the end of March 2026, Indian businesses are standing at a historic threshold. We aren’t just closing a financial year; we are
GST Registration Service Provider: Streamlining GST Services for Your Business
Goods and Services Tax (GST) have completely changed the country’s tax system. GST registration is now made simple so businesses can obey the rules and
Got ESOPs from a Foreign Company? Don’t File ITR-1! Here’s What You Need to Know
An ESOP allows employees to share in the ownership of their employer, mostly when the company is traded on foreign stock exchanges like Google, Microsoft
Understanding Salary Slip & CTC Breakdown: A Comprehensive Guide
It is very important to know how your salary is built when looking for work today. Cost to Company (CTC) is a very important aspect
GST CHANGES (FROM APRIL 2025)
The Indian government initiated an extensive overhaul of the Goods and Services Tax (GST) framework during the beginning of the new financial year. The new
Rationalization of Income Tax Slabs (2025 Changes)
The new financial year starting on April 1, 2025, will be FY 2025-26. When the fiscal year begins new tax laws and adjustments concerning individual
The Faceless Assessment And Appeals
1. Introduction to Faceless Assessment & Appeals Prime Minister Narendra Modi introduced the ‘Charter of Taxpayers’ Rights and Obligations’ to India on August 13, 2020
Taxation of Cryptocurrencies and Digital Assets
Digital currencies and assets particularly NFTs (non-fungible tokens) have experienced widespread worldwide popularity during the previous several years. The introduction of taxation of cryptocurrencies exchanges
These cash transactions may attract up to 100% penalty by Income Tax Department
According to the Income Tax Department of India a stern warning exists about cash dealing due to society predominantly choosing cash for modest value financial
TDS on Payment by Partnership Firm to Partners
Earlier, payments made by a partnership firm to partners in the form of salary, commission, interest or other money were not allowed as per section
Understanding the Latest Development in Income Tax Returns Filing: CBDT Emails on Mismatches and High-Value Transactions
These entities get involved in various aspects of filing the Income Tax Return (ITR) as the Tax season comes closer. In as much as technology
Section 8 Companies under Company Act 2013
Section 8 of the Company Act 2013 provides for the formation of companies with non- profit objectives. Section 8 companies are started with the main
Section 194J of TDS Under the income tax act
Tax deducted at source (TDS) targets the source of income itself and has beenextremely helpful in collecting tax in our country. It ensures a steady
Effect of taxation on profit and loss of shares.
While filing for your Income tax returns, one would ponder and think about, Why should Ipay taxes?. Taxes are used for various welfare schemes in
Tax Benefit on Home Loans under Various Sections of the Income Tax Act
Buying a home is one of the most special moments in a person’s life. It is a long-terman investment that needs careful consideration. Buying a
