ITR-U Rectification: CPC Transfers Cases to Jurisdictional AO

Filed ITR-U earlier? Your Sec 154 rectification rights now rest with the Jurisdictional AO, not CPC. See why it changed, risks, and action steps to stay compliant. Quick Refresher —

NNRE vs NRO: Best Bank Account Choice for NRIs | Guide

Why NRIs Need Special Bank Accounts Once you qualify as a Non-Resident Indian (NRI) under FEMA, a regular resident savings account is no longer compliant. RBI mandates that you park

A Comprehensive Guide to FC-GPR, FC-TRS & FLA Filings in India

Foreign investments in Indian businesses are governed by regulations set out by the Reserve Bank of India (RBI) under FEMA (Foreign Exchange Management Act). Companies that have received foreign direct

How to Manage Your Business Finances Like a Pro

Introduction Effective financial management is crucial for business success. Poor financial planning can lead to cash flow issues, regulatory fines, and even business failure. Whether you’re a startup or an

Private Limited vs. LLP: Which Business Structure is Right for You?

Introduction Choosing the right business structure is crucial for long-term success. Private Limited Companies (Pvt Ltd) and Limited Liability Partnerships (LLP) are two of the most popular business structures in

Return Filing and Reconciliations: A Comprehensive Guide

In today’s fast-paced business environment, accurate return filing and reconciliation have become essential to ensure compliance with tax laws. Whether you’re a small business owner or a large corporation, understanding

GST Rates 2025: Updated List of Goods and Services Tax Slabs Explained

GST Rates 2025: Complete List for Goods and Services Explained The Goods and Services Tax (GST) is a comprehensive tax system that has simplified indirect taxation in India. Each year,

GST Registration Online

What is GST Registration? GST registration is the process by which a business obtains a unique identification number, known as a GSTIN (Goods and Services Tax Identification Number), making it liable