Key Compliance Due Dates—Compliance Calendar—January 2026 7 January 2026 TDS / TCS Payment – For December 2025 10 January 2026 GSTR-7 – Return by authorities deducting TDS u/s 51 GSTR-8 – TCS statement by e-commerce operators 11 January 2026 GSTR-1 (Monthly) – Taxpayers with turnover > ₹5 crore (preceding FY) 13 January 2026 GSTR-6 – …
Compliance Thresholds under the Companies Act, 2013 – Listed vs Public vs Private Companies Under the Companies Act, 2013, statutory compliance requirements vary based on the type of company—listed, public, or private—and are often triggered by financial thresholds such as Paid-up Share Capital (PUC), Turnover (TO), Net Worth (NW), or Outstanding Loans/Borrowings/Deposits. Listed companies are …
Compliance obligations for taxpayers for the Month of December 2025 December is one of the heaviest compliance months for taxpayers, businesses, NRIs, and professionals in India. With multiple deadlines across income tax, TDS/TCS, advance tax, and reporting requirements, staying updated is crucial. 7th December 2025 : Income Tax – TDS Payment for deductions made in …
Smart Term Insurance Picks for the Self-Employed Being self-employed is like walking a tightrope; you enjoy the thrill of independence, but you also carry the weight of responsibility without the safety net of a steady salary. Entrepreneurs, freelancers, and business owners know this all too well. While your business might be thriving today, tomorrow is …
Statutory Compliance Calendar – September 2025 5th September : SEZ: MPR filing. 7th September FEMA: ECB 2 Return. Income Tax: TDS/TCS remittance for August 2025. STPI: SERF. SEZ: SERF. 10th September GST: GSTR-7 (TDS) for August 2025. GST: GSTR-8 (TCS) for August 2025. GST: GST SRM-II (Special procedure for manufacturers of pan masala & tobacco products). …
Personal Income Tax Collection Surpasses Corporate Tax for the First Time For the first time in India’s history, personal income tax collections have surpassed corporate tax collections, marking a major structural shift in the country’s tax landscape. The development reflects a structural shift in the country’s direct tax architecture, driven by formalisation, digitisation, and stronger …
Statutory & Tax Compliance Calendar – September 2025 GST Compliance Form/Payment Period Due Date GSTR-1 August 11-09-2025 IFF (Invoice Furnishing Facility) August 13-09-2025 GSTR-3B August 20-09-2025 PMT-06 (QRMP) August 25-09-2025 Income Tax Compliance Activity Period Due Date TDS/TCS Payment August 07-09-2025 Advance Tax – 2nd Installment (45%) Q2 15-09-2025 ITR Filing (Non-audit cases, AY 2025–26) FY …
Understanding PF Withdrawal vs. Pension (EPS) Claim How employees often withdraw their Employees Provident Fund but ignore the Employees’ Pension Scheme component, risking their eligibility for pension benefits. PF Contribution Breakdown : Employee Contribution (12% of Basic Pay) → Entirely goes to EPF. Employer Contribution (12% of Basic Pay) → Split into: 3.67% to EPF …
𝐋𝐚𝐭𝐞𝐬𝐭 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐢𝐧 𝐏𝐅 & 𝐄𝐒𝐈𝐂, & HR related Judgement and update 🚨 Staying updated on the latest developments in Provident Fund (PF), Employees’ State Insurance Corporation (ESIC), and HR-related judgments is essential for both employers and employees to ensure compliance and informed decision-making. Here are some recent updates and significant judgments in these areas: …
Statutory Compliance Calendar – December 2024 The taxpayer must ensure the 3rd installment is paid on time to avoid interest under Sections 234B and 234C. Annual GST Returns: Start reconciling data for GSTR-9 and GSTR-9C early to avoid last-minute errors or delays. Tax compliance is essential for all taxpayers in India to ensure adherence …