Introduction India’s Goods and Services Tax (GST) framework continues to evolve in its journey toward increased transparency, digitization, and ease of compliance. As part of
Introduction In a landmark decision offering relief to GST-registered businesses, the Calcutta High Court has stayed an order directing the reversal of input tax credit
Introduction The Central Board of Indirect Taxes and Customs (CBIC) has issued an important clarification via its official X account (formerly Twitter) on June 10,
Introduction As per current GST regulations, any movement of goods valued over ₹50,000 requires the generation of an E-Way Bill (EWB). This rule applies across
Introduction The Income Tax Department has released all seven Income Tax Return (ITR) forms for the Assessment Year (AY) 2025–26, corresponding to the Financial Year
Introduction Filing your Income Tax Return (ITR) correctly is essential for maintaining financial compliance and ensuring that you avoid unnecessary complications later. As we approach
Introduction India’s Goods and Services Tax (GST) collections soared to a record ₹2.37 lakh crore in April 2025, registering a 12.6% year-on-year (YoY) increase, according
Introduction Since its rollout in July 2017, the Goods and Services Tax (GST) has been one of the most significant reforms in India’s indirect tax
Introduction The restaurant and food delivery industry in India is under increased scrutiny from the Goods and Services Tax (GST) department. The latest focus is
Introduction GST (Goods and Services Tax) has revolutionized the way businesses in India manage their tax liabilities. With its complex framework, especially with multiple categories
In a much-needed clarification that brings relief and clarity to millions of digital payment users, the Ministry of Finance has officially stated that no Goods
Introduction To all our valued vendors—this is an important compliance update from CaptainBiz. The new financial year is here, and to ensure continued association and
Introduction In a significant move to streamline and validate enterprise data, the Ministry of Micro, Small and Medium Enterprises (MSME) has issued a compliance deadline
Introduction The Goods and Services Tax (GST) system is continuously evolving to improve accuracy, transparency, and efficiency in tax filing. As part of the Phase-III
Introduction In a significant move aimed at enhancing GST compliance and removing data duplication errors, the Goods and Services Tax Network (GSTN) has issued a
Introduction Bookkeeping forms the cornerstone of efficient financial management in any business. It involves the meticulous documentation, categorization, and reconciliation of all financial transactions that
Introduction As India’s tax system continues to evolve, a key decision for taxpayers in 2025 is choosing between the old tax regime and the new
Introduction In today’s rapidly digitizing economy, the traditional methods of invoicing and taxation are being replaced by faster, smarter, and more automated digital solutions. Among
Introduction Did you know that by 2025, over 90% of businesses will rely on e-invoicing for GST compliance? With rapid advancements in AI-driven automation, blockchain
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy, contributing significantly to employment and GDP growth. However, when disputes arise, particularly under
Introduction Starting April 1, 2025, businesses registered under the Goods and Services Tax (GST) regime in India must comply with a new 30-day e-invoice rule,
Introduction In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi Bench, has held that no penalty under Section 270A of the Income Tax
Introduction From July 1, 2024, partnership firms and LLPs must deduct TDS on payments to partners under the newly introduced Section 194T. This new provision,
Introduction A recent survey conducted by the Indian Council for Research on International Economic Relations (ICRIER) reveals a significant shift in how Micro, Small, and
Introduction A recent report by the Public Accounts Committee (PAC) has put the spotlight on the difficulties faced by Micro, Small, and Medium Enterprises (MSMEs)
Introduction In a noteworthy move aimed at easing the tax compliance burden and encouraging the settlement of past disputes, the Central Board of Indirect Taxes
Introduction In a significant move to ensure financial discipline and timely payments to Micro and Small Enterprises (MSEs), the Ministry of Micro, Small and Medium
Introduction TDS (Tax Deducted at Source) is a well-known concept under the Income Tax Act, but it also plays a significant role in GST compliance.
Introduction India’s Goods and Services Tax (GST) system has introduced various measures to ease tax compliance for small businesses. One of the most beneficial provisions
Introduction As businesses strive to stay GST-compliant, one common stumbling block has been the correct filing of forms SPL-01 and SPL-02—especially under the GST Amnesty
Introduction Expanding your business to multiple locations? Ensure smooth operations and compliance by updating your GST registration for each site. If you fail to update
Introduction The introduction of GST has streamlined India’s indirect tax system, benefiting both consumers and the government. GST has led to a comprehensive tax structure,
The GST laws have brought transparency and integrity to India’s indirect tax system. The government has introduced various amendments to ease compliance while making regulations
Introduction The latest CGST rules mandate every transporter to carry e-way bills while transporting goods from one place to another if the overall value exceeds
Input tax credit is an essential component of GST, which eliminates the cascading effect of taxes and brings transparency and efficiency to the indirect tax
The GST Council is reportedly considering a reduction in the Goods and Services Tax (GST) on health and life insurance policies from the current 18%
Navigating the realm of Goods and Services Tax (GST) registration can be a crucial stepping stone for small businesses looking to establish compliance with tax
In the realm of taxation and business operations, the Goods and Services Tax (GST) number plays a pivotal role in the regulatory landscape. This unique
The GST Composite Taxpayer Scheme is a game-changer for small businesses and startups in India, offering a simplified tax compliance framework. With cost-saving benefits, streamlined
Introduction As the financial year draws to a close, managing your taxes effectively can lead to significant savings. Here’s a guide on how to minimize
Introduction As the financial year 2024-25 draws to a close, businesses across India must gear up for the crucial task of GST compliance. Adhering to
TDS Changes Effective from 1st April 2025: Key Updates for Taxpayers Starting from April 1, 2025, several changes to the Tax Deducted at Source (TDS)
In a significant financial development, the latest data from the Income Tax Department reveals that over 4.68 lakh taxpayers in India declared an annual income
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy, contributing significantly to employment, GDP, and exports. In a recent announcement, the government
Introduction GST registration is crucial for businesses as it allows them to operate legally, collect GST from customers, and claim Input Tax Credit (ITC). However,
The process of Goods and Services Tax (GST) registration is a fundamental requirement for businesses operating in many countries worldwide. Understanding the nuances of GST
Navigating the intricacies of Goods and Services Tax (GST) registration can be a significant milestone for small businesses looking to establish their legal presence in
When starting a business or reaching the threshold for Goods and Services Tax (GST) registration, accurate completion of the GST registration form is crucial. Understanding
For startups venturing into the business world, understanding and complying with taxation regulations is crucial for sustainable growth. Goods and Services Tax (GST) registration is
The process of Goods and Services Tax (GST) registration is a crucial step for small businesses operating in India. Understanding the fundamentals of GST registration,
The growth rate of e-way bill generation in India slowed to 14.7% in February, according to the latest data from the Goods and Services Tax
Navigating the realm of Goods and Services Tax (GST) as a casual taxpayer introduces unique considerations and responsibilities. Understanding the invoicing and payment requirements is
Public sector banks in India are increasingly collaborating with fintech companies to enhance the accessibility and efficiency of MSME (Micro, Small, and Medium Enterprises) lending.
Introduction With the rapid digitalization of industries, computer education has become a necessity. As a result, investing in a computer institute franchise is a lucrative
Introduction: The Union Budget 2025, delivered by Finance Minister Nirmala Sitharaman, introduces game-changing measures to foster growth and stability in India’s Micro, Small, and Medium
Franchises offer businesses a wide range of opportunities. They provide extensive, affordable, and profitable opportunities, thereby determining their growth. In the Indian healthcare sector, Dr
FirstCry is an e-commerce company registered in the year 2010 in India by two people namely Supam Maheshwari and Amitava Saha. This firm specifically sells
The E-Way Bill system is an essential component of India’s Goods and Services Tax (GST) framework, introduced to regulate the transportation of goods and ensure
Introduction to GSTR-3B The GSTR-3B is a summary return of supplies made within a tax period along with the GST payable, which is an essential
If you are from the optical care industry, the Lenskart franchise would really be a great investment to make. As the leading eyewear company in
In a recent announcement, the Central Board of Indirect Taxes and Customs (CBIC) extended the deadlines for filing GSTR-1 and GSTR-3B returns due to significant
Do you want to become your boss but do not have enough cost for the setup? That can surely be annoying. In fact, you’re not
As a business operating in India, you must be GST compliant. Not following the compliance rules can sometimes get you in trouble especially for the
Every small business once wants to go for a franchise, considering the great growth opportunity it offers. With franchises, it becomes easier to become recognised
Billing is an important part of having a franchise business because it makes sure that things and services are exchanged for money. However, it can
Introduction As businesses across India continue to evolve in 2025, one aspect that remains critical for franchise owners is GST compliance. The Goods and Services
Introduction Second-hand products, from cars to furniture, from electronics to clothing, have a significant position in today’s busy marketplace. The appeal of affordability and the
Introduction Co-working spaces have transformed how organisations function, providing flexible and collaborative workplaces for start-ups, freelancers, and large enterprises. However, this dynamic company model entails
Introduction Seasonal businesses operate in a world of fluctuating demands and revenues, often dictated by external factors like holidays, weather, or specific market trends. This
As an influencer in India, 2025 is shaping up to be a game-changing year, with more opportunities to earn online than ever before. From sponsored
Small and medium-sized businesses (SMEs) must contend with a changing environment of digital transformation and regulatory compliance as 2025 approaches. Businesses frequently encounter difficulties due
India’s Goods and Services Tax (GST) revolutionised how businesses handle taxation, and now, as the nation braces for GST 2.0 in 2025 significant changes are
The retail market has shifted dramatically in recent years. As we approach 2025 you will agree that shopkeepers are more than just business owners; they
India’s Goods and Services Tax (GST) regime has been instrumental in streamlining indirect taxation, fostering a unified market, and promoting economic growth. However, new challenges
Consider a world in which all financial transactions are traceable, transparent, and tamperproof. Tax evasion, which has long been a problem for countries around the
Navigating the complexities of tax compliance is an essential part of managing a business, particularly for exporters. In India, the tax system has become more
As businesses continue to navigate the complexities of GST compliance, a significant change is on the horizon, we will keep you updated with latest GST
With the rapid inclusion of digital payment through UPI, MPIN is probably the most used number code right now in India. PhonePe with 48% and
Marketing has rapidly evolved in the past few years. Businesses have devised different solutions and new ideas to venture into the market and bring disruptions.
In the current digital environment, engaging customers through their preferred communication channels has become crucial. It offers an effective way of building long-lasting customer relationships.
The Goods and Services Tax (GST) is integral to India’s tax system because it ensures all states’ taxes are identical. Following the rules, you could
Starting a franchise business can seem to be a lucrative opportunity. You’re already getting the benefit of starting your business with someone established. Therefore, as
Indian franchising has grown a lot in the last ten years. It is easy to see why Indian franchises are so in demand, with businesses
Customer communication has changed in the digital age, and WhatsApp is now a vital tool for companies looking to interact with their target markets. With
The majority of India’s population resides in rural areas and small towns. With many businesses relying on the agricultural sector, there are numerous opportunities to
Do you own property in the prime areas of your city? Are you hoping to generate income from it without the hassle of starting your
India’s business landscape has transformed significantly in recent years. From ranking 142nd in 2014 on the World Bank’s Ease of Doing Business Index, the country
India is leading the way in renewable energy, with solar power taking the top spot. Due to abundant sunlight throughout the year, solar panels are
India’s food and beverage sector has expanded significantly in the last several years. A growing middle class, an expanding population, and people with more discretionary
Many people dream of becoming entrepreneurs, but starting a business often feels like a huge financial challenge. Some prefer something simple, while others think about
The healthcare industry offers many great opportunities for those looking to start their own business. There are various types of healthcare franchises to choose from,
For many years, franchising has been a successful business strategy that appeals to both seasoned business owners and newcomers. It gives franchisors a means of
Startups that qualify can get tax breaks through the Startup India Action Plan. Some of these are tax breaks on profits for up to seven
A drug license in India is a formal permission from the government given to a business. It is for everyone in India who makes, sells,
Managing a variety of product categories, making sure that customer checkouts move smoothly, monitoring inventory, and adhering to GST requirements are just a few of
Running a supermarket involves juggling multiple tasks i.e. managing inventory, ensuring accurate billing, handling offers, and maintaining GST compliance. With the complexity of daily operations,
Running a clothing or fabric store is not an easy task in India. The process might easily become too much to handle when one has
It may surprise you to learn that handling GST-compliant invoices might be similar to traversing a maze. You will have to deal with fines, inaccurate
Wholesale businesses operate in a fast-paced environment where managing large-scale inventory and bulk transactions is daily challenge. GST e-invoicing, introduced as part of India’s Goods
Introduction Inventory management is the backbone of any business, whether you are running a bustling retail store, a manufacturing unit, or an e-commerce warehouse. Yet,
