Interest-Free Loan from Relatives or Friends: Is Notional Interest Taxable in ITR?
In India, it is very common to take or give money to relatives, friends, family members or known persons. Sometimes money is…
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Income Tax Refund Status AY 2026-27: ITR Processing, Bank Validation, Refund Failure and Reissue Process
Income tax refunds for AY 2026-27 are being processed gradually on the income tax e-filing portal. Many taxpayers filing ITR-1 and ITR-4,…
Read the guide →GST Updates July 2026: GSTR-3B Auto-Population, Hard Locking, 3-Year Return Bar, ITC Matching and Penalties
GST compliance keeps changing frequently. Businesses, accountants and tax professionals must stay updated because even small mistakes in GSTR-1, GSTR-3B or ITC…
Read the guide →PMEGP Loan Scheme 2026: Eligibility, Subsidy, New Portal, Documents and DPR Process
The Prime Minister’s Employment Generation Programme, commonly known as PMEGP, is a government-backed credit-linked subsidy scheme for individuals who want to start…
Read the guide →IEC Code Registration in India: Who Needs Import Export Code, Documents, Fee and Online Process
IEC Code, also known as Importer Exporter Code, is one of the most important registrations for businesses involved in import or export…
Read the guide →Importer Exporter Code Registration: Step-by-Step IEC Application Process on DGFT Portal
Importer Exporter Code, commonly known as IEC, is one of the most important registrations for any person or business planning to import…
Read the guide →TDS on Purchase of Property from NRI: How to Deposit Tax Through TAN Login
Buying property from a Non-Resident Indian, commonly known as an NRI, is not the same as buying property from a resident seller.…
Read the guide →EPF Scheme 2026: ₹15,000 Wage Ceiling, PF Contribution Limit and Salary Slip Impact
For salaried employees, Employees’ Provident Fund, commonly known as EPF or PF, is not just a monthly deduction. It is a long-term…
Read the guide →GST Section 18: Availability and Reversal of Input Tax Credit in Special Circumstances
Input Tax Credit, commonly known as ITC, is the backbone of GST. Under normal GST rules, a registered taxpayer can claim ITC…
Read the guide →GST Section 17(5) Blocked Credit: Complete Guide to Ineligible ITC with Examples
Input Tax Credit, commonly known as ITC, is one of the most important benefits under GST. A registered taxpayer can generally claim…
Read the guide →New AI-Based Trademark Search Portal in India: What Changed from 1 July 2026?
Trademark search is one of the most important steps before applying for trademark registration in India. A good search helps identify whether…
Read the guide →GST Registration Process in India: Regular GST vs Rule 14A Simplified Registration Explained
GST registration is one of the first compliance steps for any business that wants to sell goods or services in India. Whether…
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