Start-ups raising funding in India have long worried about angel tax—the tax under Section 56(2)(viib) when share issue prices exceed fair market value (FMV). Recognizing the..
Tag: chartered accountant India
Section 194-O TDS on Marketplaces: Updated Rate Chart FY 2025–26
If you are selling products or services through e-commerce marketplaces like Amazon, Flipkart, Myntra, UrbanClap, or Zomato, you are subject to TDS under Section 194-O of..
GST Calendar 2025–26: All Due Dates on One Page (Free PDF)
For every business registered under GST, missing a filing deadline can lead to late fees, interest, and system-generated notices. Whether you’re a start-up, freelancer, e-commerce seller,..
₹10 Lakh TCS Threshold on Foreign Remittances: Planning Tips for NRIs
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)…
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..
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..
Faceless Assessments 2.0: Navigating Clause 263–389 of the New Bill
Navigating Clause 263–389 The Indian tax system continues its shift towards digitization and transparency with Faceless Assessments 2.0, proposed in Clause 263 to 389 of the New..
Corporate Tax Rates FY 2025–26: Is Section 115BAA Still the Best Bet?
India’s corporate tax regime has undergone major reforms in the past few years. Among them, Section 115BAA offered domestic companies a lower tax rate with no exemptions—a..
Advance Tax Payment: Who Should Pay and How?
Advance tax is also known as the “pay-as-you-earn” scheme. Instead of paying all your taxes at the end of the year, you are required to estimate..