Benefits of Yoga for Entrepreneurs: Why Every Business Owner Should Practice It
Being an entrepreneur means juggling multiple roles, making fast decisions, and staying mentally sharp in high-pressure situations. In this fast-paced lifestyle, one simple daily habit can make a big difference — Yoga for Entrepreneurs. Why Yoga Matters for Entrepreneurs Yoga is more than just physical exercise. It’s a powerful tool that helps align your mind, […]
Why Do Good Leaders Falter? Ancient Wisdom for Modern Action
Bhagavad Gita 3.1 The Eternal Question of Human Behavior Even the brightest entrepreneurs and most disciplined leaders can find themselves acting against their own better judgment. Why do we sometimes make decisions that contradict our values, mission, or strategic intent? Centuries ago, Arjuna asked Krishna the very same question at the start of Chapter 3 […]
Don’t Claim IGST ITC on Hotel Accommodation Outside Your State – Know the Rule
Introduction When dealing with IGST ITC under the Goods and Services Tax (GST) regime, understanding the place of supply is critical. Many businesses unintentionally claim ITC for interstate services, believing the tax paid is valid under the Reverse Charge Mechanism (RCM). However, in specific service categories like hotel accommodation, this assumption can lead to non-compliance. […]
The Importance of HSN Codes and GST Rates During GST Returns and Refunds:
Introduction: If you run a business and file GST returns, you must pay attention to HSN codes. These codes tell the government exactly what kind of goods or services you are selling. Using the right HSN code means you pay the right GST and can get your refunds faster. In this blog, I’ll explain why […]
IPO Weekly Update – Monday, May 12, 2025
Last week, three IPOs were launched, collectively raising ₹550 crores. Investor sentiment remained upbeat, especially in niche and growth-oriented sectors. Here are the top performers: Upcoming IPOs This Week The IPO calendar for this week features a diverse mix of offerings, from infrastructure giants to healthcare innovators and promising SMEs: These IPOs are expected to […]
GSTR-4 Annual Return Filing Guide for Composition Scheme – FY 2024–25:
Introduction: If you’re a taxpayer under the GST Composition Scheme, your annual compliance doesn’t end with quarterly CMP-08 filings. You must also file the GSTR-4 Annual Return—a crucial summary of your financial year’s activity. Failing to file GSTR-4 may lead to hefty penalties, even if you had no business activity. Whether you’re running a small […]
Late GST Return? You Can’t Be Penalized Twice, Says Madras High Court.
Introduction: If you have filed late GST return , then the penalty under GST law cannot be imposed twice for the same delay, as clarified by the Madras High Court in its recent verdict. The Court cancelled a ₹50,000 penalty imposed on a taxpayer for late filing of the annual return in the case of […]
GST on Apartment Maintenance Charges in 2025 – Everything You Need to Know
Introduction Apartment owners in India regularly pay monthly maintenance Charges to their Housing Societies or Resident Welfare Associations (RWAs). These charges cover shared services such as cleaning, security, water supply, and facility upkeep. Since the rollout of the Goods and Services Tax (GST), it has become vital for residents and societies to understand whether these […]
Sai Ram Enterprises vs DGGI: A Landmark Ruling on ITC Blocking Timelines.
Introduction: The Delhi High Court has provided much-needed clarity on ITC blocking timelines under Rule 86A of the CGST Rules, 2017. In the case of Sai Ram Enterprises v. PR. ADG, DGGI, Gurugram & Anr. [W.P.(C) 5438/2025], the Court held that restrictions on Input Tax Credit (ITC) cannot remain in force beyond one year from […]