Buying a property in India worth more than Rs 50 lakh comes with a tax duty most buyers overlook: deducting 1% TDS under Section 194-IA and reporting it through Form 26QB. A single typo in a PAN, a wrong payment date, or a mismatched amount can freeze the seller’s tax credit and hold up the…
When a director steps down from an Indian company, the change is not complete simply because a resignation letter has been handed over. The Companies Act, 2013 requires the company to formally record the cessation with the Registrar of Companies (ROC) by filing Form DIR-12, while the outgoing director may separately file Form DIR-11. This…
Audits are often spoken about as a single activity, but in India two very different exercises sit behind the word. Internal audit and external (statutory) audit serve distinct purposes, follow different rules, and answer to different people. This 2026 guide explains how they differ under the Companies Act, 2013, who must conduct them, and when…
Before you invest time and money building a brand, one low-cost step can save you from an expensive mistake: a public trademark search. India’s IP India portal lets anyone check whether a similar name or logo is already filed or registered, for free. This 2026 guide walks you through how to run a proper search,…
A partnership firm remains one of the simplest and most popular ways for two or more people to run a business together in India. Governed by the Indian Partnership Act, 1932, it lets partners pool capital, skills and effort under a shared agreement while keeping compliance light. This guide explains the core features and characteristics…
For any Indian small business, the words bookkeeping and accounting are often used as if they mean the same thing. They are closely linked, but they are not identical: bookkeeping is about recording what happened, while accounting is about interpreting what it means. Understanding the difference in 2026 helps SME owners keep clean records, stay…
Graphic design is one of India’s fastest-growing service exports, yet the GST treatment still confuses freelancers, studios, and agencies alike. This 2026 guide explains the correct SAC code, the applicable GST rate, when registration becomes mandatory, and how exports of design work are treated. The aim is a plain, accurate reference you can act on….
Your PAN card is one of the most important identity and tax documents in India, so even a small error in your name, date of birth, or address can cause problems when filing returns, opening a bank account, or completing KYC. The good news is that correcting or updating PAN details is a fully online…
Moving several consignments in the same truck is routine for Indian businesses, but it raises a practical GST question: do you generate one e-way bill or many? In 2026 the answer is both. Each invoice above the threshold still needs its own e-way bill, and the transporter can then club them into a single consolidated…
Getting Tax Deducted at Source (TDS) right is not only about deducting the correct amount — it is about depositing it on time and filing your quarterly returns before the deadline. Missing a due date can trigger interest, a daily late fee and even a penalty. This 2026 guide sets out the monthly TDS deposit…