This blog provides a detailed overview of four significant amendments to the Income Tax Act effective from Financial Year 2025-26. It covers the establishment of the new tax regime as the default option for taxpayers, the mandatory timely payments to MSMEs under the new Section 43B(h), the extension of tax benefits for startups, and the revised rules and thresholds for Tax Collected at Source (TCS) on foreign remittances and luxury goods.

This blog post details the significant updates to ROC Annual Filing forms, especially AOC-4 and MGT-7/7A, as part of the MCA V3 portal rollout effective July 14, 2025. It covers changes like integrated web forms, Excel-based data, pre-filled data, and revised submission processes, alongside crucial information on deadlines and penalties to help companies ensure timely and compliant submissions

The DPIIT has approved 187 startups for income tax exemption under the revised Section 80-IAC. This grants 100% tax deduction on profits for 3 years out of 10, under an updated framework with extended eligibility and a streamlined application process. This move boosts financial relief and growth for eligible Indian startups.

Choosing the right company registration is crucial for startups. This blog explores the features, pros, and cons of Pvt Ltd, LLP, and OPC structures, helping entrepreneurs make an informed decision for their business.

A ground-breaking tax reform was proposed in Budget 2025, offering companies with yearly sales up to 2 crores a 0% tax rate. This policy lessens the regulatory obligations for professionals, startups, and MSMEs by aligning with the presumptive taxation regime under Sections 44AD and 44ADA. For the benefit of small enterprises throughout India, the project seeks to increase entrepreneurship, simplify tax compliance, and encourage digital transactions.

Through improved loan availability, tax breaks, digital transformation, and export promotion, the Union Budget 2025 has implemented a number of initiatives to support India's MSME sector. The introduction of Digital MSME India, the expansion of the PLI program, the reduction of GST compliance requirements, and a ₹50,000 crore investment in the CGTMSE are some of the major projects. Discover how these reforms will empower small firms and spur their expansion by reading on.

The Union Budget 2025–2026, to be presented by Finance Minister Nirmala Sitharaman on February 1, 2025, is expected to set the financial roadmap for the coming fiscal year. Key areas of focus include changes in taxation, infrastructure development, digital economy growth, and social welfare programs. With rising expectations from businesses and taxpayers, this budget will play a crucial role in shaping India’s economic future. Stay tuned for key announcements and live updates on Budget Day.