Samuel

Understanding the Reverse Charge Mechanism (RCM) under GST in India can be a game-changer for businesses, especially for those dealing with vendors who aren’t GST registered. If you’ve been scratching your head over when RCM kicks in and why it’s…

India’s Goods and Services Tax (GST) system can feel overwhelming, especially for small business owners who are juggling a million other tasks. But staying GST compliant isn’t just about avoiding penalties; it’s about building credibility and creating a smoother cash…

For businesses in India, complying with the Goods and Services Tax (GST) is a crucial part of the financial year. Two key forms stand out in the annual filing process: GSTR-9 and GSTR-9C. While both are essential, each serves a…

Advance tax. If you’re living in India and fall into certain income categories, you’ve probably heard the term tossed around. But what exactly is it? Who’s responsible for paying it? And why is it so important for your financial health?…

As the financial year comes to an end, it’s time for Indian small business owners to focus on optimizing their tax savings. Whether you’re a sole proprietor, a partner in an LLP, or a director of a private limited company,…

If you’ve recently received a tax notice, you might be confused by the technical language around Notice 148 and 148A. They’re part of India’s Income Tax Act, and they both deal with reopening assessments, but their roles are slightly different.…

The world of investing has changed rapidly over the past few decades. One of the most significant shifts is the dematerialisation of shares. This transition has made investing easier, more secure, and much more efficient. If you’re still holding on…

Starting a Private Limited Company is an exciting step for any entrepreneur. It’s a popular choice for startups and small businesses around the world, thanks to its advantages like limited liability, tax benefits, and better access to funding. However, for…