Food business owners in India are anticipating the new FSSAI rule that will change the way they manage their licenses. The new rule will introduce a lifetime license option, and for business owners, this is a huge relief. So let’s discuss the details. What Does the New FSSAI Licensing Renewal Rule Consist Of? One of … Read more
Since 2026, the complexity involved in Tax on Online Cricket Winnings in India has compounded. Compliance requirements have intensified for customers and businesses since the government has started seeing online gaming more as a source of revenue than entertainment. Below, we have detailed the most relevant aspects of Tax on Online Cricket Winnings in India … Read more
GST Intermediary Services Amendment 2026 is a game-changer in the Indian indirect tax system, particularly for companies that have foreign clients. With the Finance Act 2026, the GST Intermediary Services Amendment 2026 brings about a major change to the existing structure by simplifying it and ensuring it conforms with international standards. It affects GST on … Read more
When you dream of a Dubai company registration, the first goal will always be keeping 100% of what you make. For most Indian founders, the idea is straightforward—get a tax-free zone entity, invoice your international customers, and grow your business without the tax worries. But let’s be real. If you are sitting in India and … Read more
A flat tax rate of 30% is applied to winnings from Online Gaming Tax Rules under Section 115BBJ of the Income-tax Act, 1961, effective from Assessment Year 2024–25 as introduced by the Finance Act, 2023. This new framework will apply to all online games, whether based on skill/games of chance, including online fantasy sports, e-sports, … Read more
If your company deals with private customer information, you probably have heard of SOC 2. But what is this, and why is it important? You should be aware of SOC for Service Organizations and SOC 2 Trust Services Criteria in case you are a SaaS company, Cloud Service provider, or any other company that deals … Read more
The Government of India has made significant changes to the ITR-1 Rules, which have simplified ITR filing for salaried class individuals and small investors. The most significant change is that taxpayers are now able to report Long-Term Capital Gains (LTCG) through ITR-1 under certain circumstances. This has been done to ease tax compliance for individuals … Read more
Most investors take advantage of the tax exemption/deduction strategy or invest in an ELSS fund while filing their ITR returns. A little-known but highly useful approach is called tax-loss harvesting. Let’s learn all about tax loss harvesting to optimise your ITR Filing like a pro. What Is Tax-Loss Harvesting? A Simple Explanation for the ITR … Read more
The Indian startup industry has been growing at a tremendous rate in recent times, mainly because of the favorable policies and schemes provided by the Indian government for startup businesses in India. The Startup India scheme is one such initiative taken by the Indian government to promote innovation, entrepreneurship, and employment in the country. However, … Read more
Introduction to the New Tax Changes The Indian tax system has seen a tremendous change from April 1, 2026, with a new Income Tax Act, 2025, introduced in our country. The idea behind this is to simplify, clarify, and ease the process of taxation, making it more transparent and easier for individuals and taxpayers. One … Read more