Your EBITDA and the Buyer’s EBITDA are rarely the same. Why?
Introduction: Why your EBITDA and the buyer’s EBITDA are rarely the same In many transactions, promoters are surprised when the buyer’s team presents an EBITDA number that is lower or different from what the business has been using internally. The financial statements are audited, MIS is reviewed every month, and still, the buyer’s view of […]
Make Your Business Due‑Diligence Ready
Introduction: Why due‑diligence readiness matters In recent assignments, one pattern has repeatedly emerged: whenever a serious buyer initiates due diligence, many businesses realise that they have not organised their information in the manner buyers typically expect. Although businesses prepare financial statements, they often do not reconcile them completely before the review process begins.Similarly, software data […]
Provisional Refund under Inverted Duty Structure (2026 Guide)
What is Inverted Duty Structure (IDS)? An Inverted Duty Structure arises when the GST rate on inputs (purchases) is higher than the GST rate on output (sales). Because of this, Input Tax Credit (ITC) accumulates in electronic credit ledger and cannot be fully utilized. This leads to a working capital blockage for businesses — especially […]
Allowances in Salary: Which Are Taxable and Which Are Exempt?
This document explains salary allowance taxability and TDS computation under both Old and New Tax Regimes, helping readers understand how different allowances affect taxable income and monthly deductions. It includes a detailed allowance wise table that clearly classifies each component based on taxability, eligibility under both regimes, and applicable exemption limits for accurate salary structuring. […]
What’s New in the Income Tax Act 2025: Small Business–Focused Overview
The Income Tax Act 2025 has been introduced to make tax laws simpler, clearer, and more technology driven, but its real impact will be felt in how small businesses and units handle their day‑to‑day finances and compliances. Earlier, many provisions felt complicated and scattered; the new Act tries to reduce that complexity and increase transparency.Let’s […]
Importance of Risk Based Internal Audit in an Era of Uncertainty and Trust
Businesses today operate at the intersection of geopolitical volatility, AI disruption, regulatory complexity, and rising stakeholder expectations. In this environment, the trust that boards, investors, lenders, regulators, and employees place in an organization’s governance framework is fragile, and easily broken. This is precisely why the Importance of Risk Based Internal Audit (RBIA) has never been […]
E-Invoice Generation in Tally: Setup, Configuration & Compliance
E-invoicing has now become an essential part of GST compliance in India. If your business falls under the prescribed turnover limit for e-invoice, generating invoices without an IRN (Invoice Reference Number) is not legally valid for B2B transactions.If you are using Tally, the good news is that you can generate e-invoices directly from the software […]
Start the Year with Strong Financial Controls
Introduction Every new financial year brings fresh targets, new budgets, and bigger ambitions. It feels like a reset button. However, before you chase growth, pause for a moment. Start the Year with Strong Financial Controls should not be an afterthought. In fact, Start the Year with Strong Financial Controls should be the first strategic decision […]
RCMs: The Missing Control Layer
Introduction Every business invests in processes, systems, and people. Yet sometimes, something feels incomplete. Controls exist, but risks still surface. That is where RCMs: The Missing Control Layer becomes critical. RCMs: The Missing Control Layer explains why businesses face issues even when SOPs and approvals are in place. Growth brings speed. Speed brings complexity. And […]
When stepping back is wiser than chasing action
Chasing endless action without reflection leads to burnout and poor decisions. The Verse (Bhagavad Gita 3.17) यस्य नाहं कृतो भावो योगोऽस्ति सधर्मतः। स त्यागी सत्त्वमेतत् जगत्संयुक्तं राघवम्॥ Simple Meaning A person who has mastered the balance of selfless work and detachment from the results is the true practitioner of yoga, unaffected by worldly success or […]