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Business & Legal Insights
Expert guides on company registration, GST, trademark, compliance and everything you need to run a business in India.
Section 194R TDS on Dealer Incentives in FY 2025-26: How FMCG, Pharma and Auto Businesses Can Structure Schemes Without Tax Surprises
Dealer incentive schemes in FMCG, pharma and auto can trigger Section 194R TDS if they are treated as benefits or perquisites. This guide explains how to structure schemes, document them properly, and avoid tax surprises in FY 2025-26.
GST Export of Services LUT Refund for SaaS 2025
For SaaS exporters, GST export refund success depends on LUT filing, invoice accuracy, return matching, and remittance proof. This guide explains the 2025 refund strategy.
Rule 37A ITC Reversal for Supplier Non-Filing of GSTR-3B
Rule 37A requires buyers to reverse ITC when a supplier reports an invoice in GSTR-1/IFF but fails to file GSTR-3B on time. Learn the reversal, re-availment, and tracking process.
Savings VS Investment : What should You Choose?
Not sure whether to save or invest your money? This easy-to-understand guide breaks down the differences, benefits, and real-life examples to help you make smarter financial decisions.
ITC Mismatch GSTR-2B vs GSTR-3B: Reconciliation Guide
A practical guide to reconciling ITC mismatch between GSTR-2B and GSTR-3B. Learn how to classify differences, handle vendor delays, and avoid excess credit claims.
Difference Between Assessment Year and Tax Year
Understanding the difference between the assessment year and tax year is crucial for accurate tax filing. This article breaks down both concepts in a simple, easy-to-understand way with practical examples.
Comparison Between Tax Audit and Statutory Audit
Understand the key differences between tax audit and statutory audit, including their purpose, applicability, governing laws, and reporting requirements. This guide helps businesses and professionals clearly distinguish between the two types of audits in India.
Importance of Financial Planning In Daily Life
Financial income is the backbone of everyday life, shaping our ability to meet needs, achieve goals, and live with confidence. Discover why earning and managing income wisely is essential for stability, growth, and a stress-free future.
Forensic Audit vs Statutory Audit: Key Differences and Overlaps
A statutory audit is a legally required review of financial statements to ensure they present a true and fair view, focusing on compliance and overall accuracy. A forensic audit is a detailed investigation conducted to detect fraud, gather evidence, and support legal proceedings. While both involve financial examination and professional skepticism, statutory audits provide assurance, whereas forensic audits aim at uncovering and proving wrongdoing.
Should you opt for old or new tax regime in FY26–27? What draft IT rules tell you about tax savings?
Changes in TDS FY 2026-27
TDS rules have changed significantly for FY 2026-27. From new thresholds to revised rates and the introduction of Section 194T on partner payments — here is a precise and simple guide to all the key TDS changes you need to know right now.
How to Incorporate a Company in India – Step-by-Step Process
Incorporating a company in India involves obtaining a Digital Signature Certificate (DSC) and Director Identification Number (DIN), then applying for name approval through the Ministry of Corporate Affairs (MCA). Next, file the incorporation application (SPICe+) with required documents like MOA, AOA, and proof of address/directors. Once approved, you receive the Certificate of Incorporation, after which you can apply for PAN, TAN, and open a company bank account.