Deadlines, notifications, and the new tax law — explained in plain language for Indian business owners. No jargon, no panic.
GST, ITR, TDS, company, Udyam, Shops Act, GHMC trade licence, FSSAI, drug licence, IEC and trademark in plain words: why, when, penalty for skipping, documents to keep ready, and what we can prepare for you.
· Read guide → 🪔 Diwali 2026Employer gifts are now tax-free up to ₹15,000 a year (earlier ₹5,000). Cash bonus is always taxable. Rules for employees and employers: TDS, bonus under the Code on Wages, GST on gifts.
· Read guide → ⏰ Deadline — ExtendedCBDT gave audit cases 21 extra days for AY 2026-27. The new dates, who needs a Section 44AB audit, the penalty for being late, and a simple plan for the next 17 days.
· Read guide → ⏰ Deadline — Missed ITR?You can still file until 31 December 2026. The Section 234F fee, interest, what happens to your losses, and when to revise instead.
· Read guide → 🧾 GST Annual ReturnDue 31 December 2026. Who must file, who can skip, the late fee by turnover slab, and what to reconcile before you open the portal.
· Read guide → ⏰ Deadline — ITR SeasonThe full deadline calendar for FY 2025-26 returns — who must file by when, the new permanent August 31 date for ITR-3/4, late-filing penalties under Section 234F, and the documents to keep ready.
· Read guide → 🔒 GST Notification — Live NowFrom the July 2026 tax period, you can no longer manually edit ITC in Table 4 of GSTR-3B. Here's how the Invoice Management System works, what "deemed acceptance" means, and the monthly checklist to protect your credit.
· Read guide → 📖 New Tax LawThe 1961 Act is gone. "Tax Year" replaces FY/AY, Section 80C is now Section 123, and Hyderabad finally gets 50% HRA exemption. What changes, what doesn't, and which Act applies to the return you're filing right now.
· Read guide →