Since July 1, 2023, a higher rate of Tax Collected at Source (TCS) applies on foreign remittances exceeding ₹7 lakh under the Liberalized Remittance Scheme (LRS)…
Latest Posts
E-Invoicing Threshold Cut to ₹1 Cr: Is Your ERP Ready?
As part of India’s GST reform drive, the government has lowered the e-invoicing threshold to ₹1 crore turnover, effective April 1, 2025. Businesses crossing this limit..
Section 54F Capital-Gains Planning When You Hold Startup ESOPs
Startup founders, early employees, and investors often acquire ESOPs (Employee Stock Ownership Plans) or sweat equity during the early stages of a company’s growth. When these..
DPIIT Start-Up Recognition: Tax Perks & Compliance Checklist
Start-up founders in India can significantly reduce tax burdens and regulatory friction by obtaining DPIIT Start-Up Recognition. Beyond boosting brand credibility, DPIIT recognition unlocks several tax..
Section 80-IAC Deduction: Extension to FY 2026 — Worth the Effort?
Section 80-IAC of the Income Tax Act offers eligible start-ups a 100% income tax exemption for three consecutive years out of the first ten years of incorporation…
Presumptive Tax 44AD vs 44ADA: Turnover Limit ₹3 Cr Explained
For small businesses, freelancers, and professionals in India, the presumptive taxation schemes under Section 44AD and Section 44ADA provide a simple, low-compliance way to file taxes..
GST on Cross-Border SaaS: Place-of-Supply & LUT Filing Steps
For Indian SaaS start-ups and software exporters, understanding GST on cross-border transactions is crucial. Mistakes in place-of-supply, LUT filing, and zero-rated supply treatment can lead to..
Equalisation Levy 2.0 on Digital Ads: Cost Planning for AI Firms
Equalisation Levy 2.0 on Digital Ads As Indian AI firms, SaaS companies, and e-commerce players increasingly depend on global digital platforms for advertising and marketing, Equalisation Levy..
GSTR-3B vs. GSTR-1 Mismatch Notices: 2025 SOP & Penalty Grid
As we enter FY 2025–26, one of the most common triggers for GST notices is the mismatch between GSTR-3B (summary return) and GSTR-1 (outward supply return)…
“No GST Invoice, No Funding” — Due-Diligence Red Flags for SaaS Start-ups
In today’s fast-moving SaaS ecosystem, founders often focus on scaling users and ARR (Annual Recurring Revenue), but investors now look just as hard at tax and compliance..