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A growing business almost always hits this phase. Payments from customers are delayed. Orders are increasing but cash isn’t. A new machine could double capacity, but the funds aren’t ready. Or maybe you want to expand into a new city, but the working capital is stretched thin. For many MSMEs, growth doesn’t stop because of lack of ambition. It slows down because capital isn’t available at the right time. That’s exactly why government-backed MSME loans exist. These schemes are

When it comes to tax planning, Section 80C of the Income Tax Act is one of the most valuable tools available to Indian taxpayers. It enables individuals and Hindu Undivided Families (HUFs) to reduce their taxable income by up to INR 1,50,000 per year through a variety of investments and expenses. By planning investments in financial assets like PPF, NSC, ELSS, and others, you can claim deductions up to Rs. 1.5 lakh under Section 80C, effectively reducing your taxable income.

Online GST return filing requires accurate data entry, timely submission, and adherence to the latest compliance rules. The process becomes simpler when supported by an automated platform that handles document import, reconciliations, return preparation, and submission. TaxBuddy offers a structured, step-by-step workflow that enables businesses to file GSTR-1, GSTR-3B, and other applicable returns with reduced effort and fewer errors. Updated GST changes such as auto-populate

GST return types determine how businesses report sales, purchases, tax liabilities, and input tax credit under India’s GST framework. Each taxpayer category—regular, composition, e-commerce, TDS deductor, and marketplace operator—is assigned specific forms such as GSTR-1, GSTR-3B, GSTR-4, and GSTR-9. The right filing frequency and accurate data reporting help maintain compliance and avoid penalties. TaxBuddy supports businesses by automating return preparation, integrating i

The GST return filing calendar for 2025–26 plays a critical role in helping businesses stay compliant with monthly, quarterly, and annual deadlines under the CGST Act. The schedule covers major forms like GSTR-1 , GSTR-3B , CMP-08, GSTR-4, and GSTR-9/9C, each carrying specific due dates based on turnover and the QRMP scheme. Recent changes, such as auto-locking of GSTR-3B from July 2025 and multiple extensions issued by CBIC, make timely compliance essential. Automated remind

Input Tax Credit forms the backbone of GST compliance, allowing businesses to offset taxes paid on purchases against their tax liability. The credit remains available only when strict conditions under Section 16 are met and all supplier invoices match government systems like GSTR-1, GSTR-2B, and the Invoice Management System. Frequent mismatches, late filings, or supplier non-compliance can block credits and increase tax outflow. With tighter restrictions introduced from 2025

GSTR-2B serves as a static, monthly ITC statement that lists all invoices, debit notes, ISD credits, and import-related data reported by suppliers. Its accuracy directly determines how much Input Tax Credit can be claimed in GSTR-3B. Businesses depend on GSTR-2B to prevent excess claims, avoid mismatches, and ensure compliance with GST rules. TaxBuddy uses this monthly dataset to simplify reconciliation, highlight discrepancies before filing, and reduce the risk of interest

AIS/TIS mismatch income tax notices arise when reported data in the Annual Information Statement and Taxpayer Information Summary does not align with the income declared in an ITR. These discrepancies often stem from incorrect TDS entries, missing interest income, duplicated transactions, or reporting errors from banks, employers, and financial institutions. Unresolved mismatches may lead to notices under sections like 143(1)(a) or 139(9). Accurate reconciliation is essential

Introduction When doing high-value transactions, it is crucial to comprehend the fees related to Real-Time Gross Settlement (RTGS) transfers. You may make wise choices and guarantee economical and successful money transfers by being aware of the fees. When transferring high-value money between bank accounts utilising the Real Time Gross Settlement system, there are fees known as RTGS charges. According to RBI norms, online RTGS transactions via the internet and mobile banking

The future of tax consulting in India is being reshaped by Artificial Intelligence. No longer limited to routine automation, AI is emerging as a force that enhances compliance, strengthens fraud detection, and drives smarter decision-making across the tax ecosystem. For a country governed by the Income Tax Act, 1961, this shift is crucial as taxpayers demand speed, accuracy, and reliability. With platforms like TaxBuddy already integrating AI features to simplify filing, the