Job Change and Income Tax: Common Reasons for Extra Income Tax at the time of ITR!
Introduction Changing employment during a financial year is increasingly common among salaried taxpayers. However, many employees face an unexpected additional income tax liability at the time of filing their Income Tax Return, even though TDS has been deducted by both the previous and current employers. This additional tax payable primarily arises due to independent TDS […]
BEN-2 Filing for Indian Companies – WHAT, WHO & WHEN
Form BEN-2 is one of the most scrutinised ROC filings under the Companies Act, 2013. With increasing focus on transparency and identification of real owners, Indian companies must clearly identify when BEN-2 is applicable, who qualifies as an SBO, and how to comply correctly. This article explains BEN-2 filing in a practical, audit-ready manner. 1. […]
How to Navigate Foreign Business Setup in India: Key Considerations & Mistakes to Avoid
Introduction India is one of the world’s fastest-growing economies—and a top destination for foreign companies looking to expand. With a booming consumer market, skilled workforce, and favourable government policies, the opportunity is huge. But entering India is not as simple as opening an office. Foreign businesses must navigate India’s regulatory framework, FEMA rules, tax structure, […]
Tax Planning for Family Businesses in India: What Every Owner Should Know
Introduction Family-run businesses are the backbone of India’s economy. From small traders to large manufacturing firms, family-owned enterprises contribute significantly to employment, economic growth, and community development. But along with business success comes a major responsibility—managing taxes efficiently. Without proper tax planning, family businesses can face excessive tax burdens, compliance issues, and difficulties during succession. […]
Struggling with Compliance? Your Monthly Checklist for Business Compliance in India
Introduction If you are running a business in India, you already know how overwhelming compliance can be. GST filings, TDS payments, payroll, ROC filings, audits, books of accounts—missing even one deadline can lead to penalties, notices, and cash flow disruptions. Most SMEs and startups struggle not because they want to avoid compliance, but because they […]
Understanding India’s New Labour Codes: Key Changes and Their Impact
India has officially implemented its long-awaited labour reforms by bringing all four Labour Codes into force. These Codes consolidate 29 existing labour laws into a simplified, modern framework aimed at improving ease of doing business while enhancing worker protection. The comprehensive changes span wages, industrial relations, safety, working conditions, and social security—making this one of […]