Recent Blogs

GST Advisory- December 2025: Negative Balances in ITC Reclaim and RCM Ledgers can block GSTR-3B Filing!
Introduction The GSTN has issued an important Advisory & FAQs on 29 December 2025 introducing strict system-level validations for Input Tax Credit (ITC) reversal, ITC

31st March 2026 is the cut off date for TDS/TCS Correction Statements for FY 2018-19 to FY 2023-24!
Introduction Tax Deductors and collectors are permitted under the Income Tax law to rectify errors in filed TDS/TCS returns through correction statements. However, this facility

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
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,
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,
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

GST Advisory- December 2025: Negative Balances in ITC Reclaim and RCM Ledgers can block GSTR-3B Filing!
Introduction The GSTN has issued an important Advisory & FAQs on 29 December 2025 introducing strict system-level validations for Input Tax Credit (ITC) reversal, ITC

31st March 2026 is the cut off date for TDS/TCS Correction Statements for FY 2018-19 to FY 2023-24!
Introduction Tax Deductors and collectors are permitted under the Income Tax law to rectify errors in filed TDS/TCS returns through correction statements. However, this facility

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
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,
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,
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