GST & Tax Blog
Practical guides for freelancers, small businesses and salaried employees.
Do Freelancers Need GST Registration in India?
Confused about whether your freelance income needs GST? The answer depends on your turnover, your clients, and whether you work with overseas clients.
Income TaxNew vs Old Tax Regime — Which One Saves You More in 2024-25?
The government made the new regime the default from FY 2023-24. But is it actually better for you? The answer depends on your deductions.
GST BasicsHow to Verify a GST Number Before Paying a Vendor
Getting fake invoices is a real risk for small businesses. Here is exactly how to verify any GSTIN in 30 seconds before you pay.
GST ComplianceGST Compliance Checklist for Startups: What to Do in Year One
Registered your startup? Here is the month-by-month GST compliance checklist for the first year - invoicing, returns, ITC, and what most first-time founders get wrong.
GST BasicsPAN Card: Every Transaction and Document Where It Is Mandatory
PAN is not just for tax filing. It is required for bank accounts, mutual funds, property purchases, cash transactions above Rs 50,000, and more. Here is the complete list.
GST ReturnsGSTR-9 Annual Return: Who Must File, What It Covers, and Key Deadlines
GSTR-9 is the GST annual return due by December 31 each year. Here is who needs to file, what reconciliations to do, and the difference between GSTR-9 and GSTR-9C.
Income TaxHRA Exemption: How to Calculate and Maximise Your Tax Savings on Rent
HRA is one of the biggest tax-saving opportunities for salaried employees. Here is exactly how the exemption is calculated, what receipts you need, and the metro vs non-metro difference.
GST ComplianceGST Invoice Requirements: What Every Invoice Must Contain
A GST invoice that is missing even one mandatory field can mean your buyer loses their ITC claim. Here is the complete checklist of what must appear on every B2B and B2C invoice.
GST ComplianceGST for E-Commerce Sellers: Amazon, Flipkart, Meesho and More
Every seller on Amazon, Flipkart, Meesho, or any marketplace must be GST registered regardless of turnover. Here is what TCS means, how to file, and common seller mistakes.
Income TaxCapital Gains Tax in India: Stocks, Mutual Funds, and Property
Sold stocks, mutual funds, or property? Here is how short-term and long-term capital gains are taxed in India for FY 2024-25, including the new rates after Budget 2024.
Income TaxSection 80C Investments: Best Options to Save Up to Rs 46,800 in Tax
Section 80C allows a Rs 1.5 lakh deduction that can save up to Rs 46,800 in tax. Here is a comparison of ELSS, PPF, NPS, EPF, and LIC to help you choose the right mix.
GST ComplianceInput Tax Credit (ITC) Under GST: What You Can and Cannot Claim
ITC is the most powerful feature of GST but also the most misunderstood. Here is what expenses qualify, what is blocked, and how to ensure your claims are not reversed.
Income TaxITR Filing for Salaried Employees: Step-by-Step for FY 2024-25
Which ITR form, which documents, and how to file online in under 30 minutes. A plain guide for salaried employees filing their first or second return.
Income TaxTDS and TCS in India: A Clear Guide for Employees and Businesses
TDS and TCS are deducted at source before you receive income. This guide covers rates, thresholds, Form 26AS, and how to check if your TDS has been deposited.
GST BasicsGST Composition Scheme: Pay 1% Tax and File Quarterly
The composition scheme lets small businesses pay a flat 1-6% GST and file just one return per quarter. Here is who qualifies, the limits, and the trade-offs.
GST ReturnsGSTR-1 Filing Guide: What to Report and How to Avoid Errors
GSTR-1 is your outward supply return filed monthly or quarterly. This guide explains each section, common mistakes, and how to reconcile with your books.
GST ComplianceE-Invoicing Under GST: Who Must Do It and How It Works
E-invoicing is now mandatory for businesses above ₹5 crore turnover. Here is how the IRP system works, who is exempt, and what happens if you skip it.
GST BasicsGST on Rent in India: Residential vs Commercial Explained
Is rent taxable under GST? It depends on who is renting and what property type. Here is the complete breakdown of GST on residential and commercial rent as of 2024.
GST BasicsGST for Freelancers in India: Do You Need to Register?
If you earn from clients or exports as a freelancer, here is exactly when GST applies, what threshold matters, and how to file without an accountant.
Income TaxNew vs Old Tax Regime 2024-25: Which One Saves You More?
A plain-English breakdown of new vs old income tax regime slabs, key deductions, and a decision guide for salaried employees and freelancers for FY 2024-25.