Business

Disclosure of Foreign Income & Assets Disclosure of Foreign Income & Assets In an era of global mobility and digital income, many Indian residents earn or hold assets abroad. But with this comes an important responsibility — accurate disclosure of foreign income and foreign assets in your Income Tax Return (ITR). Failing to do so […]

    GSTN Phase III: Mandatory HSN Code Reporting (May 2025) Starting May 2025, GSTN has implemented Phase III of mandatory HSN code reporting in GSTR-1, a critical compliance change for businesses across India. 1. Who’s Now Affected? Businesses with turnover up to ₹5 crore/year must report 4-digit HSN codes. Businesses with turnover above ₹5 […]

Tax Planning vs. Tax Filing Tax Planning vs. Tax Filing Introduction Tax is not just a year-end activity — it’s a year-round responsibility. Yet, most individuals and businesses only think about taxes during the filing season. We believe that smart tax planning paired with timely tax filing is key to financial growth and peace of […]