Budget 2026 Highlights
The Union Budget 2026-27, presented on 1 February 2026, focused on tax simplification and administrative reforms under the new Income Tax Act, 2025, which comes into effect on 1 April 2026.While there were no changes to income tax slabs or rates for individuals this year, significant changes were made to...
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What to do with Political Party Donation - 80GGC Tax Notice !!!
The best remedy for an 80GGC tax demand or notice depends entirely on whether your claim was genuine or incorrect. Section 80GGC allows individuals to claim a 100% eduction for donations to registered political parties or electoral trusts, provided they are made through non-cash channels.1. If Your Claim is Genuine...
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Major Income Tax Changes from 1st April 26
Starting 1st April 2026, India's taxation landscape is undergoing a major structural overhaul with the implementation of the Income Tax Act, 2025, which replaces the 1961 Act.Here's a look at the major income tax rule changes that taxpayers should be aware of in the new tax year.1. Key Structural &...
Read MoreConfused between GST Registration and Composition Scheme? Learn the key differences, benefits, and expert advice to choose the best option.
When it comes to choosing the right taxation path under GST, one of the most common questions business owners ask us at GST Wale is: Should I go for GST Registration or opt for the Composition Scheme? Understanding the difference is crucial because your decision directly impacts your compliance, pricing,...
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GST Registration timeline in India explained. Know gst approval time, process, and how long GST Registration takes with expert guidance from GST Wale.
If you’re planning to start a business or bring your existing business under the tax net, one of the first questions that comes to mind is: how long does GST Registration take in India? As experienced professionals at GST Wale, we often hear this concern from business owners who want...
Read MoreStep-by-step guide to ROC Compliance filing online in India. Learn forms, deadlines & MCA process with expert tips from GST Wale.
Running a company in India comes with a fair share of legal responsibilities, and ROC Compliance is one of the most important among them. Whether you are a startup founder or managing an established company, staying compliant with the Registrar of Companies (ROC) is non-negotiable.At GST Wale, we often see...
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