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Insights to keep you informed & compliant

Practical, easy-to-read guides on registration, tax and compliance for Indian businesses.

Resources & Insights

Guides to help you stay compliant

Practical articles on registration, tax and compliance for Indian businesses.

GST

GSTR-3B April 2026: You Have 4 Days — Here Is What to Do Now

GSTR-3B for April 2026 is due Tuesday 20 May. A busy-director story, the exact CGST penalty numbers, and a 48-hour action plan to file on time.

By WeConsult India Desk · 6 min read
Compliance

CCFS-2026: Your Client Portfolio Audit Should Have Happened Yesterday

The CCFS-2026 amnesty closes 15 July. For CS/CA practices the real risk is the open spreadsheet that never gets actioned — here is how to close every client file before the July portal rush.

By CS Nawal Kishor Verma · 6 min read
Taxation

Your Family Can Have a Second PAN, Tax Return & Exemption — It Is an HUF

A separate tax entity the Income Tax Act has recognised for a century. Most Hindu families already qualify but never registered it — here's how it works and what it saves.

By CS Nawal Kishor Verma · 7 min read
Taxation

Yogendra Got a Car & $50,000 from Aston Hall — India's Gift-Tax Rule

A large gift from a friend abroad feels like good fortune — but under Section 56(2)(x), money received from a non-relative above ₹50,000 is taxable income. Here's how the rule works.

By WeConsult India Desk · 6 min read
Trademark

You Spent 4 Years Building Your Brand. Someone Else Just Registered It.

In India, registration — not prior use alone — creates the legal presumption of brand ownership. A ₹4,500 trademark filing can save years of costly disputes.

By Arun Kumar Mangla · 7 min read
Compliance

Your Company Was Registered 30 Days Ago. Here Are the 9 Things You Missed.

A Certificate of Incorporation means your company exists — not that it can operate. Here are the nine obligations that begin on day one, and the penalties for missing them.

By WeConsult India Desk · 7 min read
GST

GSTR-1 Is Due Today — And One Old Return Is Closing Forever

GSTR-1 isn't just a monthly task. Under Section 37 of the CGST Act, no GSTR-1 can be filed more than three years after its due date — and once the portal locks, there's no override.

By CS Nawal Kishor Verma · 5 min read
Taxation

India's Buyback Tax Changed Three Times in 18 Months — Which Rule Applies to You

From 1 April 2026, share-buyback proceeds are taxed as capital gains on the gain only (LTCG 12.5%, STCG 20%) — with promoters facing an effective 30%/22%. Here are all three regimes.

By Arun Kumar Mangla · 7 min read
Compliance

Most Owners Think May Has One Deadline. It Has Eight.

May 2026 has eight compliance deadlines, not just GSTR-3B on the 20th — including the big one on May 31: Q4 TDS returns. A date-by-date guide.

By WeConsult India Desk · 7 min read
Taxation

The ITA 2025 Transition Is Generating Seven Practitioner Errors Right Now

Every Indian tax practice is now running two laws at once. A map of the most common ITA 2025 transition traps — wrong Nature Codes, Form 16 vs Form 130, Form 3CD vs Form 26 — and the correct position on each.

By WeConsult India Desk · 7 min read
GST

Two GST Changes Went Live 36 Days Ago — One Freezes Your Return

From 1 April 2026, the ITC hard block freezes GSTR-3B if your ITC doesn't match GSTR-2B, and e-invoicing is mandatory above ₹5 crore — ₹10,000 per invoice without an IRN.

By WeConsult India Desk · 7 min read
Taxation

Selling Indian Property as an NRI? TDS Is on the Full Price, Not Your Profit

When an NRI sells Indian property, the buyer deducts TDS on the full sale price — not the gain. A Lower Deduction Certificate, applied for 4–6 weeks ahead, fixes that.

By CS Nawal Kishor Verma · 7 min read
Comparison

You Run Your Business Alone — Your Personal Assets Aren't Separate From It

A One Person Company gives a solo founder limited liability, a CIN and corporate credibility with 100% ownership — where a sole proprietorship offers simplicity but no separation.

By CS Nawal Kishor Verma · 7 min read
Taxation

India's Income Tax Law Changed 32 Days Ago — What Owners Need to Know

The Income Tax Act, 1961 was replaced by the Income Tax Act, 2025 from 1 April 2026. Rates are unchanged — but section numbers, forms and the portal's two tabs create new traps.

By CS Nawal Kishor Verma · 7 min read
NRI & FEMA

You Left India for Work. Your Savings Account Is Now a FEMA Violation.

Under FEMA, the moment you cross 182 days outside India in a financial year, your resident savings account must become an NRO account — or it's a violation with steep penalties.

By CS Nawal Kishor Verma · 6 min read
Compliance

MCA Changed Your Director KYC Rules Twice Since December — Act Before June 30

MCA changed director KYC twice in four months — filing is now every three years with a 30 June deadline, and a changed mobile/email/address triggers a ₹500 filing within 30 days.

By CS Nawal Kishor Verma · 6 min read
Startups

You Registered Your Company — Now Claim This Free Certificate Before It Costs You

DPIIT Startup Recognition is a free government certificate that unlocks a 3-year income-tax holiday under Section 80-IAC, IPR rebates and tender benefits. Here's how to apply.

By CS Nawal Kishor Verma · 6 min read
Comparison

Private Limited Company vs LLP: The 3 Questions That Decide Which You Need

Both give limited liability — but the differences that matter (funding, tax, compliance cost) show up 18 months later. Three questions tell you which structure to form.

By CS Nawal Kishor Verma · 7 min read
Compliance

MCA's CCFS 2026 Is Live — Clear Overdue ROC Filings at 10% of the Penalty

CCFS-2026 lets companies clear AOC-4 and MGT-7 backlogs at just 10% of accumulated additional fees. The scheme closes 15 July 2026 — and MCA says there will be no extensions.

By CS Nawal Kishor Verma · 4 min read
Compliance

MCA DIR-3 KYC Fee Revision 2026: Is It Still Free?

Notification G.S.R. 300(E) sets a clear DIR-3 KYC fee structure: ₹0 on time, ₹5,000 for late filing or DIN reactivation, and ₹500 for mid-cycle detail changes.

By CS Nawal Kishor Verma · 4 min read
Compliance

CCFS 2026: MCA's One-Time 90% Fee Waiver to Clear Pending ROC Filings

The MCA's Companies Compliance Facilitation Scheme 2026 offers a 90% waiver on additional ROC filing fees, plus prosecution immunity — open 15 April to 15 July 2026.

By CS Nawal Kishor Verma · 6 min read
Compliance

MCA21 V3 Portal Enhancements: Navigating Annual Filing in 2026

The MCA21 V3 portal now uses data analytics to auto-flag inconsistencies — making 2026 the last call for manual regularisation before compliance gets stricter.

By CS Nawal Kishor Verma · 5 min read
Investment

Equity Mutual Funds in FY26: Understanding the Sharp Decline in SIP Returns

In FY26, many equity mutual funds reported negative returns — some down as much as 48% — reminding SIP investors that systematic investing reduces timing risk but not market risk.

By Arun Kumar Mangla · 6 min read
Global Affairs

Iran War & Trump Policy: Escalating West Asia Tensions and a Strategic Pause

A measured overview of escalating West Asia tensions, a reported pause in planned strikes, and the knock-on effects on energy markets and global trade — and why businesses should monitor the risk.

By Arun Kumar Mangla · 6 min read
Compliance

Companies Fresh Start Scheme (CFSS): Legal Overview, Benefits and Key Pitfalls

CFSS-2020 was a one-time MCA relief letting defaulting companies regularise statutory filings without additional penalties — but its limitations carry lasting compliance lessons.

By Arun Kumar Mangla · 6 min read
Compliance

Proprietorship Compliance in India (2026): Complete Legal & Tax Guide for Business Owners

Starting a sole proprietorship is simple, but staying compliant isn't optional — income tax, GST, TDS, books, audit and registrations all sit on the proprietor personally.

By Arun Kumar Mangla · 7 min read
Taxation

Budget 2025: Key Announcements for Salaried Individuals

Major reforms in Budget 2025 — revised slabs, a higher standard deduction and more relief for salaried professionals.

By CS Arun Kumar · 6 min read
GST

GST Registration: Who is Liable, Benefits, and Penalties

A complete guide to who must register for GST, the benefits of registration, and the penalties for non-compliance.

By CS Arun Kumar · 6 min read
Taxation

New Income Tax Slab, Rates, and Rebate FAQs for FY 2025-26

Revised tax slabs, rates and rebates under the new regime for FY 2025-26 — and how they affect the middle class.

By CS Nawal Kishor Verma · 7 min read
Comparison

LLP vs. Company: Which is Better for Your Business?

Compare liability, compliance and taxation to choose the right structure — LLP or Private Limited Company.

By CS Nawal Kishor Verma · 7 min read
Compliance

Risk Management System (RMS) Under the Income Tax Act: Notices, Triggers & FAQs

What RMS is, why returns get flagged, the notices it triggers, and how taxpayers should respond.

By CS Nawal Kishor Verma · 8 min read
Regulatory

FSSAI vs FCI: Understanding Food Safety and Food Security in India

Two distinct institutions, two mandates — how FSSAI safeguards food safety while FCI ensures food security.

By CS Nawal Kishor Verma · 8 min read
Trademark

Beware of Fake Trademark Registration Platforms: How to Protect Your Brand

How trademark scams operate, how to spot a genuine agent, and the correct legal procedure to protect your brand.

By CS Nawal Kishor Verma · 7 min read
Investment

Silver’s Twin Power: Monetary Safe-Haven and Industrial Metal

Why silver is surging, its price history in India, and how it compares to gold as an investment.

By CS Nawal Kishor Verma · 11 min read
Startups

Cost Pressure and Slow Funding: A Defining Challenge for Startups Today

Rising costs and cautious investors have reshaped how startups must plan, operate and grow.

By Arun Kumar Mangla · 6 min read
Business

MSMEs Looking for Growth with Low Risk

How MSMEs can scale responsibly through structured, low-risk, strategy-led growth.

By CS Nawal Kishor Verma · 6 min read
Compliance

Elevated Regulatory Focus on Compliance, GST, ROC and Tax Clarity: A Business Imperative

Why compliance, GST, ROC filings and tax clarity have become core strategic priorities for businesses.

By Arun Kumar Mangla · 7 min read
Compliance

ESI Return Filing: Legal Obligations, Compliance Process & Risk Management for Employers

A structured overview of ESI return filing — statutory framework, applicability, timelines, process and risks for employers.

By CS Nawal Kishor Verma · 8 min read

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