The Path to a Fulfilling Entrepreneurial Journey: 2.66
नास्ति बुद्धिरयुक्तस्य न चायुक्तस्य भावना | न चाभावयतः शान्तिरशान्तस्य कुतः सुखम् || Translation: “For one who lacks self-discipline, there is no intelligence; nor is there a steady mind without discipline. Without a steady mind, there is no peace, and without peace, how can there be happiness in Entrepreneurial Journey?” The Entrepreneur’s Dilemma: The Role of […]
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 […]
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 […]
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 […]
The Entrepreneurial Tortoise : Inner Discipline and Focus
Bhagavad Gita: 2.58 Sanskrit Verse: यदा संहरते चायं कूर्मोऽङ्गानीव सर्वश: इन्द्रियानिन्द्रियार्थेभ्यस्तस्य प्रज्ञा प्रतिष्ठिता ॥ Translation: “When one completely withdraws the senses from their objects, just as a tortoise withdraws its limbs into its shell, his wisdom becomes firmly established.” Deep Dive into the Verse In this verse, Lord Krishna uses a vivid analogy: just as […]
ITC in Real Estate: A Guide for Developers, Contractors & Buyers
Introduction The restriction on Input Tax Credit (ITC) in real estate arises from Section 17(5) of the CGST Act, 2017. This section classifies specific expenses as ineligible for credit. Further, amendments and notifications have added constraints, mainly affecting residential and commercial projects. ITC under GST allows businesses to offset tax paid on inputs like raw […]
The Entrepreneur’s Guide for Sustainable Success:
Bhagavad Gita: Chapter 2, Verse 57 Sanskrit Verse: य: सर्वत्रानभिस्नेहस्तत्तत्प्राप्य शुभाशुभम् | नाभिनन्दति न द्वेष्टि तस्य प्रज्ञा प्रतिष्ठिता || Translation:” He who remains unattached to everything, neither rejoicing when meeting with good nor despising evil, is firmly fixed in perfect wisdom.” “He who remains unattached to everything, neither rejoicing when meeting with good nor despising […]
Equanimity in Entrepreneurship !
Bhagavad Gita: Chapter 2.56Sanskrit Verse: दुःखेष्वनुद्विग्नमना: सुखेषु विगतस्पृह:। वीतरागभयक्रोध: स्थितधीर्मुनिरुच्यते।। Translation: One whose mind remains undisturbed amidst sorrow, who is free from craving for pleasure, and who is devoid of attachment, fear, and anger is called a sage of steady wisdom. Relevance to Entrepreneurship Krishna highlights the qualities of emotional resilience and detachment, essential for […]