GST: Change in Place of Supply rule for Intermediary Services (Effective 30 March 2026)
Introduction The Goods and Services Tax (GST) law in India has introduced a significant amendment effective from 30 March 2026. The place of supply for intermediary services will now be determined by the recipient’s location instead of the supplier’s location. This change has major implications for businesses engaged in cross-border transactions. What is Intermediary Service? […]
Best CA in Pune vs Online Accounting Platforms: What Actually Works for Business Growth in 2026?
TL;DR Online accounting platforms have transformed bookkeeping and compliance management for startups and SMEs. They offer: Automation Cloud-based access Faster data entry Basic GST workflows However, accounting software alone cannot replace: Strategic tax planning Financial advisory ROC compliance expertise Audit readiness Business structuring support For growing businesses in Pune, the most effective approach in […]
GST Audit vs GST Compliance in India: Which Service Does Your Pune Business Actually Need?
Many businesses confuse GST audit with GST compliance, even though both services solve very different problems. In simple terms: GST compliance focuses on ongoing filing, reconciliation, reporting, and adherence to GST regulations. GST audit focuses on reviewing GST records, identifying discrepancies, assessing risks, and ensuring reporting accuracy. Most SMEs and startups in Pune primarily need […]
GSTN Advisory: Enhancements to the e-Way Bill System (Effective May 20, 2026)
GSTN Advisory: Enhancements to the e-Way Bill System (Effective May 20, 2026) 📖 Introduction The Goods and Services Tax Network (GSTN) has rolled out a significant advisory introducing new features and compliance requirements in the e-Way Bill (EWB) system. These changes, effective from May 20, 2026, aim to strengthen traceability, improve compliance, and streamline workflows […]
Claiming ITC Refunds in 2026? Upload Annexure B from offline utility and not PDF!
Introduction On May 18, 2026, the GSTN introduced a significant change in the way taxpayers file refund applications involving accumulated Input Tax Credit (ITC). Until now, Annexure‑B was uploaded in PDF format, which limited automation and system‑based verification. To streamline the process, a standardized Annexure‑B Offline Utility has been deployed on the GST portal. This […]
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 […]
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 […]
GSTN Advisory: Key Enhancements in GSTR-3B Filing Effective from February 2026 Tax Period
Introduction The Goods and Services Tax Network (GSTN) had earlier announced that several important enhancements in the filing of GSTR-3B returns would take effect from the January 2026 tax period. However, it has now been clarified that these changes will be implemented starting from the February 2026 tax period. The enhancements are aimed at […]
Advance Tax Calculation FY 2025-26 (AY 2026-27) – Things to Remember!
Introduction Advance tax is one of the most important compliance requirements under the Income Tax Act. It ensures that taxpayers pay their dues in instalments as income is earned, rather than waiting until the end of the financial year. This “pay-as-you-earn” system prevents a heavy burden at year-end and helps the government maintain steady revenue […]
Income Tax & Surcharge Rates for FY 2025-26 (AY 2026-27)
Income Tax & Surcharge Rates for FY 2025-26 (AY 2026-27) Income tax planning requires a clear understanding of applicable tax rates, surcharge slabs, and rebates. For FY 2025-26 (AY 2026-27), taxpayers can choose between the old regime with exemptions and deductions, or the new regime with simplified slabs and higher exemption limits. Below is a […]