GST e-invoicing applicability: ₹5 crore limit and 30-day rule
Who must generate GST e-invoices, how the ₹5 crore aggregate turnover test works, which documents are covered, who is exempt and how the 30-day IRP reporting limit applies.
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Knowledge Centre
Articles and updates on income tax, GST, company law, audit and accounting. New articles are added twice a week.
GST Multistate Registration: One Master TRN for Many States
How the new GST Multistate Registration facility works, what the Master TRN covers, what each State still needs, and what stays separate after registration.
FAST-DS 2026: Foreign Asset Disclosure Scheme, Limits, Last Date
How the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 works – who can declare, the ₹1 crore and ₹5 crore limits, amount payable, forms and deadlines.
57th GST Council Meeting: Key Decisions and What They Mean
The 57th GST Council kept rates unchanged and approved process reforms: no arrest power, higher prosecution limit, faster refunds, wider ITC and fewer transit checks.
TDS Return Forms 138, 140 and 144: Q2 Due Date 31 October 2026
Which new quarterly TDS/TCS statement replaces Forms 24Q, 26Q, 27Q and 27EQ, the 31 October 2026 due date for Q2, certificates and late fee.
LLP Form 8 Due Date FY 2025-26: Late Fee, Certification, Penalty
LLP Form 8 for FY 2025-26 is due by 30 October 2026. Here is who certifies it, how the late fee is worked out and what non-filing costs.
CBDT Extends Tax Audit and ITR Due Dates for AY 2026-27: What Changes and What Does Not
Circular 07/2026 moves the tax audit report to 21 October 2026 and the ITR for audit cases to 21 November 2026. Who is covered and what to plan for.
Belated and Revised ITR AY 2026-27: Last Dates, Fees and Limits
The last date for a belated ITR for AY 2026-27 is 31 December 2026, while revised returns can now be filed till 31 March 2027.
Private Limited, OPC or Section 8: Choosing a Company Form and Getting It Registered
How the main company forms differ, what the SPICe+ process involves, and the first-year filings that new companies often miss.
Outsourcing Your Bookkeeping to India: How a Chartered Accountant-Led Engagement Works
A practical guide for overseas business owners and accounting firms on what to outsource, how to structure the engagement, and how data security and tax responsibilities are divided.
LLP or Partnership Firm: Liability, Compliance and Tax Compared
A practical comparison of LLPs and partnership firms, covering liability, annual filings, audit thresholds and the TDS on partner payments that has applied since April 2025.
Starting as a Proprietor: Udyam Registration, the 45-Day Payment Rule and When an HUF Makes Sense
The revised MSME thresholds, why buyers now care whether you hold Udyam registration, and how a Hindu Undivided Family can be used legitimately.
DPIIT Start-up Recognition under the 2026 Framework: Eligibility, Deep Tech and the Tax Holiday
What changed in February 2026, who qualifies, and how the three-year tax holiday works for recognised start-ups.
Trust, Society or Section 8 Company? Setting Up an NGO and Keeping Its Tax Exemption
How the three NGO structures compare, how income tax registration works, and the compliance that keeps an exemption alive.
NBFC Registration: The Principal Business Test, Net Owned Fund and Scale Based Regulation
When a company needs RBI registration, the capital it must bring in, and what RBI looks at before granting a Certificate of Registration.
Setting Up an Indian Subsidiary or Joint Venture: FDI Route, Share Pricing and FC-GPR
A step-by-step view of foreign direct investment into a new Indian company, from the entry route to post-allotment reporting.
GST Registration in 2026: Thresholds, Compulsory Cases and Why Applications Get Rejected
When GST registration is required, when it is required regardless of turnover, the composition option, and how to avoid a REG-03 query or rejection.
FSSAI Registration, State Licence or Central Licence: Which One Does Your Food Business Need?
The turnover-based categories, activities that always need a Central licence, obligations for e-commerce food sellers, and the annual return many businesses forget.
Import Export Code: Getting One, and the Annual Update That Keeps It Active
Who needs an IEC, how to apply, what happens if the annual update is missed, and the other registrations exporters need.
PF and ESI under the Labour Codes: The New Wage Definition and What Employers Must Change
The Labour Codes have been in force since 21 November 2025. This article explains the 50% wage rule, contribution rates and the practical steps for payroll.
Shop & Establishment Registration and Trade Licence: A Guide for Businesses in Uttar Pradesh
What the state shops law covers, how it differs from a municipal trade licence, and why both matter for bank accounts and inspections.
Protecting Your Brand Name: Trademark Search, Classes and the Registration Timeline
Why a search comes first, how classes work, what the ™ and ® symbols mean, and what happens between filing and registration.
ISO Certification for Small Businesses: What the Standard Requires and How to Prepare
How ISO certification actually works, how to spot a certificate that will not be accepted, and a realistic preparation plan.
BIS, CE, HACCP, Organic or PSARA: Which Certification or Licence Does Your Business Need?
A plain-language guide to five certifications and licences that Indian manufacturers, exporters and service providers commonly need.
Audit Trail, Retention and the Monthly Close: What Indian Law Expects from Your Books
Who must maintain books, for how long, the audit trail requirement for companies, and a simple monthly close checklist.
Running Payroll in 2026-27: New Regime Defaults, Salary TDS and the Labour Codes
What employers need to get right in the first tax year under the Income-tax Act, 2025, from regime selection to the 50% wage rule.
Income Tax Returns under the Income-tax Act, 2025: Tax Year, Regimes and Revised Due Dates
What the new Act changes for return filing, how the 'tax year' replaces previous year and assessment year, and the changes to due dates.
Received an Income Tax Notice? How to Read It and Respond on Time
The common types of notices, the checks to run before replying, the reassessment time limits, and how faceless proceedings work.
TDS under the Income-tax Act, 2025: The Consolidated Section 393 and What Deductors Must Do
How the TDS provisions are now organised, the deposit and filing cycle, the costs of default and practical controls for businesses.
GST Returns in 2026: IMS, Locked GSTR-3B, the Three-Year Bar and the New Rate Structure
Four changes that reshaped monthly GST compliance, and a reconciliation routine that keeps input tax credit safe.
GST Notices under Section 74A: Timelines, Penalties and How to Respond
How the demand provisions changed from FY 2024-25, the stages of a GST dispute, and practical steps for a strong reply.
What a Statutory Audit under the Companies Act Involves, and How to Prepare for One
Appointment rules, what the auditor reports on, CARO 2020 applicability and a preparation checklist for management.
Tax Audit: Limits, Common Reporting Issues and the Move to Section 63 of the Income-tax Act, 2025
Who needs a tax audit, how the cash-transaction condition works, the items that most often cause trouble, and what changes from tax year 2026-27.
Internal Audit and Bank Stock Audits: When They Are Required and What They Check
Which companies must appoint an internal auditor, what a useful internal audit covers, and how to get through a bank stock audit smoothly.
Annual ROC Compliance for Private Companies: A Practical Calendar
Every recurring MCA filing a private company needs to track, including the triennial DIR-3 KYC cycle introduced for 2026.
Converting Your Business: Proprietorship, Firm, LLP and Company Conversions and Their Tax Conditions
The legal routes for the common conversions, the conditions for keeping them tax-neutral, and practical steps that are easy to miss.
Closing a Company or LLP: Strike Off through C-PACE, or Voluntary Liquidation?
Eligibility for strike off, the documents involved, what to close first, and when voluntary liquidation is the better route.
Preparing a Project Report and CMA Data for a Bank Loan: What Lenders Look For
The components of a bankable project report, how working capital is assessed from CMA data, the key ratios, and the government schemes worth knowing.
Structuring a Growing Business: Entity Choice, Shareholding and Family Arrangements
Questions to answer before restructuring, the tax provisions that commonly apply, and how to bring family members into the business properly.
Business Agreements: Stamp Duty, Registration and the Clauses That Matter
Why the stamp paper and registration matter as much as the wording, the clauses that most often cause disputes, and the tax angles in common agreements.
Digital Signature Certificates: Class 3, Validity, and Where You Need One
Types of DSC, the verification process, which portals require one, and how to keep DSCs organised in a business.