Mastering Discipline in Entrepreneurship: Bhagavad Gita: 2.61
Sanskrit Verse: तानि सर्वाणि संयम्य युक्त आसीत मत्पर: | वशे हि यस्येन्द्रियाणि तस्य प्रज्ञा प्रतिष्ठिता || Translation: “One who controls the senses and remains focused on a higher goal, with complete dedication, is firmly established in wisdom.” Understanding the Verse In this verse, Krishna advises that true wisdom comes from self-discipline and higher focus. Success […]
Small Business? Simplify GST with Composition Levy – Deadline March 31
The Goods and Services Tax (GST) framework provides a Composition Levy scheme for eligible taxpayers seeking a simplified tax compliance process. This guide outlines the key details, eligibility, and process for opting for Composition Levy under GST for the financial year 2025-26. What is the Composition Levy under GST? The Composition Levy is a simplified […]
The Battle of the Mind in Entrepreneurship- Bhagavad Gita 2.60
Sanskrit Verse: यततो ह्यपि कौन्तेय पुरुषस्य विपश्चित: | इन्द्रियाणि प्रमाथीनि हरन्ति प्रसभं मन: || Translation: “O Kaunteya (Arjuna), even a wise person who strives to control the mind may still be overpowered by the turbulent senses.” Understanding the Verse Krishna highlights the difficulty of controlling one’s senses and emotions. Even the most disciplined individual can […]
Can a Co-Owner Block GST Registration? Insights from Satya Dev Singh Case
Introduction This case deals with the question of whether the consent of all co-owners is required for obtaining Goods and Services Tax (GST) registration when one co-owner provides proof of ownership, such as an electricity bill, in their name. The Allahabad High Court ruled that when an applicant furnishes documentary proof of ownership, such as […]
Mastering Desires in Entrepreneurship – Bhagavad Gita: 2.59
विषया विनिवर्तन्ते निराहारस्य देहिन: | रसवर्जं रसोऽप्यस्य परं दृष्ट्वा निवर्तते || Translation: “The objects of the senses turn away from the one who abstains from them, but the craving for them remains. However, even this craving disappears when one experiences a higher taste.” Understanding the Verse This verse highlights the concept of “higher fulfillment.” Krishna […]
Advisory: Biometric Authentication Now Available for Directors in Home State
Introduction In a significant move towards streamlining the GST registration process, GSTN has introduced an enhancement in Biometric Authentication functionality. This update allows certain Promoters/Directors to complete Biometric Authentication at any GST Suvidha Kendra (GSK) within their Home State, rather than being restricted to their jurisdictional GSK. This initiative aims to improve convenience and reduce […]
March 2025 Tax Compliance Calendar: Key Deadlines & Due Dates
March is a crucial month for tax compliance, with several key deadlines for businesses and individuals. Staying on top of these due dates helps avoid penalties and ensures smooth financial operations. Below is a structured compliance calendar for March 2025. Key Tax Deadlines for March 2025 Early March Compliance Mid-March Compliance Late March Compliance Why […]