ROIC vs ROIIC: How to Tell If a Business Is Really Using Capital Well
ROIC vs ROIIC — These two financial terms often come up when evaluating how efficiently a business uses its capital. While they sound similar, they serve different purposes. ROIC measures how well a company uses all of its capital, while ROIIC looks specifically at the returns from new investments. Understanding both is key to knowing […]
Latest CBIC Circulars Impacting GST Refunds (Updated List)
Staying updated with CBIC circulars is essential for businesses claiming GST refunds. The Central Board of Indirect Taxes and Customs (CBIC) regularly issues clarifications to streamline processes, plug loopholes, and address taxpayers’ concerns. In this post, we’ll walk you through the latest CBIC circulars that have a direct impact on GST refunds, with a focus […]
Essential 2025 Tax Compliance Checklist for Trust & NGO
Introduction Running a charitable Trust or NGO involves significant responsibility. In addition to serving society, you must also focus on complying with income tax laws. For instance, whether your organization works in education, healthcare, or religious fields, maintaining compliance is crucial. Otherwise, it may lead to the loss of tax benefits and severe penalties. Below […]
Unmet Hopes of 55th, Big Expectations from 56th GST Council Meet
Introduction: GST impacts us all—whether you’re running a business, buying groceries, or providing services. Every decision the GST Council makes can affect your cash flow, pricing, or compliance efforts. As we approach the 56th GST Council Meeting, there’s a lot of curiosity and even some frustration. Why? Because the 55th meeting left many expected decisions […]
Why Do Businesses Need Growth Capital?
Growth capital (also known as expansion capital) is money raised to fund specific growth-related projects things that help a business scale operations, reach more customers, or increase revenue.Unlike working capital, which is used to run daily operations (like paying salaries or restocking inventory), growth capital is invested in the future of the business. Here are […]
7 Ways to Improve Creditors Outstanding and Strengthen Cash Flow
Paying bills on time is important, but that’s just one part of how you improve creditors outstanding. Managing payables the right way means planning when to pay, who to pay first, and keeping supplier relationships strong all while protecting your cash flow. Below are a few ways I’ve found helpful when it comes to improving […]
July 2025 Tax Compliance Calendar for Businesses & Professionals in India
As we step into the second quarter of the financial year 2025–26, July 2025 brings a crucial set of Tax compliance deadlines that businesses, professionals, and taxpayers across India must keep track of. From GST filings to TDS/TCS returns, PF/ESI payments, and the last date to file income tax returns (for non-audit cases), it’s a […]
RCM on Sand & Goods Transport: When GST Is Not Applicable
Introduction: In the real estate sector, procurement and transport of inputs like sand, gravel, and aggregates often involve local truck operators. A common question arises: Is GST payable under RCM on such freight payments? The answer depends entirely on one document—the consignment note. As per GST law, Reverse Charge Mechanism (RCM) applies only if the […]
GST Refund for E-commerce Sellers – Key Considerations
The E-commerce sector in India has witnessed rapid growth in recent years. However, with growth comes the need for better compliance—especially under GST. If you’re selling online through platforms like Amazon, Flipkart, or Meesho, it’s essential to understand how GST refunds work and what steps you must follow to claim them smoothly. This blog highlights […]
Wrong GSTIN, Big Loss: How a Small Mistake Almost Cost This Company Crores.
Introduction: Wrong GSTIN, big loss—that’s exactly what B Braun Medical India Pvt. Ltd. experienced when a simple GST number error on a supplier’s invoice almost cost them ₹5.65 crore in Input Tax Credit (ITC). Even though the company received the goods, paid the vendor, and got the invoice in its name, the supplier entered the […]