"Chartered Accountant with 23+ years of experience in audit, taxation, and financial advisory. Expert in GST compliance, corporate tax planning, statutory audits, and IFRS reporting. Trusted advisor to SMEs and listed companies, delivering accurate financial insights and strategic solutions that drive growth and ensure regulatory compliance."
India replaces the FY–AY structure with a unified Tax Year under the new law. The key takeaway is simpler compliance, clearer timelines, and fewer filing errors without changing core tax rates.
The new industrial relations regime permits layoffs and closures without prior approval up to 300 workers while increasing notice periods and adding a mandatory reskilling fund. The ruling balances greater exit flexibility with stronger financial safeguards for workers.
A practical guide on how India taxes imported digital services, explaining GST under RCM and when TDS applies. Key takeaway: Buyers, not sellers, bear compliance and potential extra cost.
Explains that HRA exemption is not permitted under the new tax regime and is fully taxable. Key takeaway: employees must compare regimes to avoid higher tax outflow.
SC ruled that providing a Form 15CB certificate is a tax-compliance function, not a criminal act. Without proof of knowing assistance, CAs cannot be dragged into PMLA proceedings.
Can the GST portal help recover unpaid invoices? Learn how ITC reversal rules under GST can pressure defaulters and what legal steps suppliers can take.
Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and blocked refunds.
GST registration is mandatory for businesses exceeding Rs.20/40 Lakhs turnover. Learn about compulsory registration for RCM, e-commerce, and inter-state suppliers, penalties for non-compliance, and ITC benefits.
Effective November 1, 2025, CBIC’s Fourth Amendment Rules introduce automated GST registration (Rule 9A) within three days using risk-based data analysis. Rule 14A offers a simplified, optional registration path for small taxpayers with monthly liability below Rs.2.5 lakh.
CBIC’s FY 2024-25 updates tighten ITC reporting and auto-population in GSTR-9/9C. Learn who must file, due dates, and expert reconciliation tips to avoid penalties.
