Top Accounting & Bookkeeping Services in Pune for SMEs & Startups
TL;DR Startups and SMEs in Pune are increasingly outsourcing accounting and bookkeeping functions to improve compliance accuracy, maintain financial clarity, and reduce operational inefficiencies. This guide explains: What businesses should expect from modern bookkeeping firms Key accounting services startups need in 2026 How to compare accounting firms effectively Common bookkeeping mistakes businesses should avoid Why […]
GST Rate Revision on Beverages from 1 May 2026: Complete Business & Compliance Guide
Introduction: The Goods and Services Tax (GST) Council has introduced a significant change in the taxation of beverages, effective 1 May 2026. CBIC has issued Notification No. 01/2026-Central Tax (Rate) on 30 April 2026. This amendment, notified by the Central Board of Indirect Taxes and Customs (CBIC) under the Finance Act 2026, reclassifies beverages into distinct […]
Top CA Firms in Pune for Audit & Assurance Services in 2026: A Complete Comparison for Growing Businesses
TL;DR Businesses in Pune are increasingly looking beyond traditional compliance support and seeking CA firms that can provide strategic audit, assurance, risk assessment, GST compliance, and financial transparency support. This guide compares what businesses should evaluate before choosing an audit firm in Pune in 2026, including: Statutory audit expertise Internal control systems GST and […]
Form 145 & 146 for Non-Resident Payments (2026)
Introduction Cross-border payments are a critical area of compliance under Indian tax law. For years, taxpayers relied on Form 15CA and Form 15CB under the Income-tax Act, 1961 to declare and certify remittances made to non-residents. These forms ensured transparency, proper deduction of tax at source (TDS), and compliance with DTAA provisions. With the Income-tax […]
TDS Payment FY 2026-27: New Section Codes
Introduction From FY i.e. TY 2026-27, the landscape of Tax Deducted at Source (TDS) compliance has undergone a major update with the introduction of new section codes. These codes are now mandatory for deductors to select while making TDS payments, ensuring precise categorization of transactions and improved reconciliation with returns. The change is aimed at […]
Managing Bulk Invoices Made Easy: GSTN Launches IMS Offline Tool!
Introduction The Invoice Management System (IMS), introduced on the GST portal from the October 2024 tax period, marked a significant step toward streamlining invoice compliance for taxpayers. By allowing recipients to accept, reject, or keep invoices pending, IMS has simplified reconciliation and improved transparency in return filing. To further enhance convenience, the GST portal has […]
From 1961 to 2025: Understanding TDS Obligations During Transition
Introduction The transition from the Income-tax Act, 1961 to the Income-tax Act, 2025 marks a significant shift in how tax deduction at source (TDS) obligations are governed. For deductors, the key lies in understanding the timing of credit or payment, as this determines which Act applies. While the substantive provisions such as rates and thresholds […]
Rule 14A – CGST Rules, 2017, a Simplified GST Registration Scheme
In pursuance of Rule 14A of the Central Goods and Services Tax (CGST) Rules, 2017, a Simplified GST Registration Scheme has been introduced in Nov 2025 to reduce the compliance burden and enhance the ease of doing business for small taxpayers. As per Rule 14A (Option for taxpayers having a monthly output tax liability below […]
ITR 1 to 4 Changes for FY 2025-26 (AY 2026-27)- applicable for Individuals and HUFs
The Income Tax Return (ITR) forms for AY 2026-27 have been significantly revised by the Central Board of Direct Taxes (CBDT). These changes are not just cosmetic; they reflect deeper compliance requirements, expanded disclosure norms, and alignment with evolving tax provisions. In this blog, we’ll explore the updates in ITR 1, ITR 2, ITR 3, […]
Buying a House in FY 2026-27? File TDS with New Form 141 instead of old Form 26QB!
🏠 Introduction Buying a new house? Starting 01 April 2026, the Income Tax Department has introduced Form 141 as a consolidated challan-cum-statement for TDS reporting. This replaces Form 26QB, which was earlier applicable for property transactions. Now, all PAN-based TDS reporting is streamlined under Form 141. 📄 What is Form 141? Form 141 is a […]