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 […]
Top 5 Sectors Driving Value Growth (2014-2024) and Outlook for the Next Decade (2024-2034)
The last 10 years (2014–2024) witnessed exponential growth across industries—led by breakthroughs in technology, healthcare, fintech, and renewable energy. Innovation and digital adoption fueled massive value creation and reshaped global markets. As we look ahead, the next decade (2024–2034) promises even greater growth potential, with sectors like AI, digital health, climate tech, and cybersecurity set […]
Missed Your ITR Filing or e-Verification Deadline? Here’s How to Fix It (2025 Update)
If you’ve missed filing your Income Tax Return (ITR) or didn’t e-verify it on time, you’re not alone. Many taxpayers run into this issue each year. Fortunately, the Income Tax Department offers a remedy — the Condonation Request. Think of it as your official request for a second chance to stay compliant without penalties. In […]
Zero touch Regulatory Reporting – The Future of Compliance
In an era where financial compliance is more dynamic and demanding than ever, organizations are turning to technology not just for support, but for transformation. One such innovation making waves in the finance and accounting (FnA) domain is Zero-touch Regulatory Reporting. This paradigm shift enables companies to automate the end-to-end process of regulatory submissions with minimal to […]
Brand Usage in Related Parties: GST Lessons from Mahindra & Mahindra’s ₹146 Cr Notice
Introduction: When companies in the same group use the same brand name, it might seem like a simple internal arrangement. However, the recent case with Mahindra & Mahindra (M&M) shows us that this can have serious tax consequences under the Goods and Services Tax (GST) law. M&M received a massive ₹146 crore tax notice because […]
Top GST Changes from April 2025 That Every Business Must Know
As the financial year 2025–26 begins, the Indian government has introduced several important updates to the Goods and Services Tax (GST) regime. These changes aim to improve tax compliance, ensure timely reporting, and enhance the transparency of financial transactions. Whether you’re a large corporation or a small business, it’s essential to understand and implement these […]
Simplifying GST Registration in India: CBIC’s Latest Instructions for 2025
Introduction Getting a GST registration in India has often been seen as a slow and confusing process. Many businesses have struggled with unclear documentation, multiple follow-ups, and unnecessary delays. Thankfully, there’s good news for entrepreneurs and professionals alike. In April 2025, the Central Board of Indirect Taxes & Customs (CBIC) released Instruction No. 03/2025-GST. These […]
Nil Rated, Exempted, Non-GST & Schedule III Items: A Practical Comparison for Businesses
Introduction: Understanding the different categories of supplies under GST, such as Nil Rated, Exempted, Non-GST Supplies, can be tricky, but it’s essential for businesses to get it right. Mistakes in classifying these supplies can lead to tax issues, missed opportunities to claim tax credits, and even fines. Whether you run a business or are involved […]
The Focused Founder: Mastering the Senses for Strategic Success
Bhagavad Gita: 2.68 Sanskrit Verse: तस्माद्यस्य महाबाहो निगृहीतानि सर्वशः | इन्द्रियाणीन्द्रियार्थेभ्यस्तस्य प्रज्ञा प्रतिष्ठिता || 68 || Translation: “Therefore, O mighty-armed Arjuna, the one whose senses are completely restrained from their objects—his wisdom is firmly established.” Understanding the Verse This verse from the Bhagavad Gita delivers a timeless message: Self-mastery is the foundation of sound judgment. […]