🚨 Compliance Calendar – January 2026 1️⃣ 07th January – TDS/TCS Payment for Dec 25 2️⃣ 10th January – GSTR 7/8 for Dec 25 3️⃣ 11th January – GSTR 1 (Monthly) 4️⃣ 13th January – GSTR 1 (Q3 25-26 QRMP), IFF (Jan 26), GSTR 5/6 (Dec 25) 5️⃣ 14th January – TCS Return (Q3 25-26)
Don’t Miss the Deadline: File Your ITR Today and Enjoy These Benefits!
Tax season is here—and with it comes an opportunity, not a headache. Filing your Income Tax Return (ITR) isn’t just a legal obligation; it’s a smart financial move that can unlock numerous benefits. Whether you’re a salaried employee, a freelancer, a business owner, or even a student earning a stipend, filing your ITR on
2- Factor Authentication for e-Way Bill and e-Invoice System
To enhance the security of e-Way Bill/e-Invoice System, NIC is introducing 2-Factor Authentication for logging in to e-Way Bill/e-Invoice system. In addition to username and password, OTP will also be authenticated for login. There are 3 different ways of receiving the OTP. You may enter any of the OTP and login to system. The various
FINANCE BUDGET HIGHLIGHTS 1st FEB,2025
Highlights of Union Budget 2025 General 1. Kisan Credit Card limit enhanced from Rs. 3 lakh to Rs. 5 lakh 2. Additional Infra in 5 IIT’s set up after 2014. IIT Patna to be expanded 3. 10,000 more seats to be added in medical colleges in next year and 75,000 in next five years 4.
Understanding Insurance: A Guide to Protecting Your Future
Insurance is one of those things most people know they need but may not always understand fully. Whether you’re thinking about life, auto, health, home, or even business insurance, there’s one thing that’s universally true: insurance helps provide peace of mind by offering financial protection when the unexpected happens. In this post, we’ll break down
The Importance of E-Invoices for Businesses: A Step Toward a Digital Future
In today’s fast-paced business environment, staying ahead of the curve is essential. One of the key trends in modern business practices is the shift towards e-invoicing (electronic invoicing). As governments and businesses globally embrace digital transformation, e-invoices are becoming an increasingly crucial tool for ensuring compliance, streamlining operations, and improving financial efficiency. If you haven’t
How to Manage Cash Flow Effectively: Key Strategies for 2025
Cash flow is the lifeblood of any business. Without it, even the most successful company can face serious challenges. As we move into 2025, managing cash flow has become even more critical for businesses of all sizes. Economic shifts, fluctuating consumer demands, and the ongoing digital transformation require companies to be more agile and strategic
Understanding IEC Codes: A Key Element for International Trade
In the world of global commerce, businesses often engage in imports and exports, dealing with goods, services, and investments across borders. For businesses in India, one of the most important tools to ensure smooth international transactions is the IEC code, or Import Export Code. In this blog, we will delve into what an IEC code
Understanding GAAP: The Foundation of Financial Reporting
In the world of finance and accounting, consistency and clarity are key. For businesses, investors, and stakeholders to make informed decisions, the financial information presented must be accurate, transparent, and comparable across different organizations and time periods. This is where Generally Accepted Accounting Principles (GAAP) come in. What is GAAP? GAAP refers to a set
The Importance of Financial Statement Audits for Businesses
In today’s rapidly evolving business world, maintaining transparency, accountability, and accuracy in financial reporting is crucial. One of the most effective ways to ensure this is through financial statement audits. For businesses of all sizes, whether it’s a small start-up or a large corporation, audits offer numerous benefits that go beyond regulatory compliance. Here’s why