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Recent Blogs

February 13, 2026

Union Budget 2026 Banking Reforms: Key Changes, PSB Strategy & Future of India’s Banking Sector

Explore the major banking reforms announced in Union Budget 2026, including PSB strategy, bond market expansion, FEMA reforms, MSME liquidity measures, and infrastructure financing initiatives.

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February 11, 2026

DIR-3 KYC Amended Rules (FY 2026-27): New Director KYC Compliance Framework Explained

DIR-3 KYC rules amended from FY 2026-27. Learn new 3-year filing rule, DIR-3-KYC-Web process, due dates, penalties & compliance tips for directors in India

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December 10, 2025

Bhagirathi Krishnan vs ITO: Reassessment Time Limit Explained

ITAT Delhi quashes reassessment in Bhagirathi Krishnan vs ITO due to time-bar. Learn 3-year vs 10-year tax reopening limits under Section 148.

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December 06, 2025

The Rupee at All-Time Low: Explaining RBI’s Strategic Shift from Price Defense to Market Adjustment

The RBI has changed its currency strategy. Discover why India's central bank is no longer defending the Rupee's price level and is instead focusing on volatility management. Understand the impact on inflation and exports.

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November 27, 2025

How Audit Improves Direct Tax Compliance & Strengthens Revenue Administration in India

A detailed, easy-to-understand guide on how audits enhance direct tax compliance, prevent revenue leakages, improve governance, and strengthen India’s tax system.

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November 22, 2025

IBBI Proposes New Safeguards to Strengthen CIRP Transparency: Complete Breakdown of Key Changes

IBBI’s new proposals aim to boost transparency, protect homebuyers, improve disclosures, and increase accountability in the CIRP process. Understand all key changes in simple language.

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November 18, 2025

GST & TDS on Foreign Software Purchases in India: Complete Guide to Compliance, Reverse Charge & Taxability (2025)

Understand the complete GST and income-tax impact when purchasing software from foreign vendors with no PE in India. This detailed guide explains reverse charge GST, ITC eligibility, TDS under Section 195, royalty vs SaaS taxability, compliance requirements, and practical examples—written in simple terms for startups,…

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November 12, 2025

Simplified GST Registration Scheme 2025 – Eligibility, Process & Benefits

Understand the Simplified GST Registration Scheme 2025 in simple terms – eligibility, ₹2.5 lakh threshold, step-by-step process, benefits, and withdrawal rules.

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November 12, 2025

When Can GST Registration Be Cancelled for Procedural Lapses?

The Madras High Court’s 2025 judgment in Velu Ramakrishnan vs Commissioner of Commercial Taxes reaffirmed that GST registration should not be permanently cancelled for procedural lapses. This detailed guide explains when GST registration can be cancelled, how to revive it after compliance, and what the…

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