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Plain-language guides on GST, income tax, and business law — written so any shop owner can understand India's tax system without a CA.

Showing 14 articles
GST Basics

GST Registration: Who Must Register & Minimum Turnover Limits

Learn who needs GST registration in India, the turnover thresholds for goods and services, mandatory registration cases, and documents required.

7 min Read
GST Basics

CGST, SGST, IGST and UTGST: Types of GST in India Explained

Understand the four types of GST — CGST, SGST, IGST, and UTGST — when each applies, and how tax is split between Centre and State.

5 min Read
GST Returns

GSTR-1: Complete Guide to Filing Your Outward Sales Return

Everything about GSTR-1 — what it covers, who must file, due dates (monthly vs quarterly QRMP), tables to fill, and late fee consequences.

8 min Read
GST Returns

GSTR-2A vs GSTR-2B: Key Differences Every Business Must Know

GSTR-2A is dynamic, GSTR-2B is static. One updates in real-time, one is legally binding for ITC claims. Learn the critical differences and which one to use.

6 min Read
GST Returns

GSTR-2B: The Auto-Drafted ITC Statement Explained

GSTR-2B is your monthly Input Tax Credit statement, generated on the 14th. Learn what it contains, its legal significance, and how to reconcile it with your books.

7 min Read
GST Returns

GSTR-3B Filing Guide: Monthly GST Summary Return

GSTR-3B is where you actually pay GST. This guide covers due dates, all sections to fill, ITC claim rules, and common mistakes to avoid.

8 min Read
GST Returns

GSTR-1 vs GSTR-3B: What's the Difference?

GSTR-1 reports sales details; GSTR-3B pays tax. Both are mandatory but serve different purposes. Learn the differences and what happens when they don't match.

5 min Read
GST Basics

HSN vs SAC Codes: A Complete Guide for Indian Businesses

HSN codes classify goods; SAC codes classify services. Learn the difference, when you must mention them on invoices, and how to find the right code for your product.

6 min Read
GST Returns

GSTR-9 Annual Return: Complete Filing Guide

GSTR-9 is the annual GST return reconciling all monthly filings for a financial year. Learn who must file, due dates, sections, and late fee rules.

7 min Read
GST Basics

Interstate vs Intrastate GST: Definitions, Examples & Tax Impact

Know when IGST applies (interstate) vs CGST+SGST (intrastate), how to determine place of supply, and how it affects your ITC and compliance.

5 min Read
GST Basics

E-Invoicing Under GST: Who Needs It & How to Generate It

E-invoicing is mandatory for businesses above ₹5 crore turnover. Learn how IRP works, the process for generating IRN and QR code, and the benefits of e-invoicing.

7 min Read
Personal Tax

Income Tax Slabs in India 2025-26: New Regime vs Old Regime

Complete guide to income tax slabs in India for FY 2025-26 under both the new and old tax regimes, standard deduction, Section 87A rebate, and which regime suits you.

8 min Read
Business Setup

Types of Business Structures in India: A Complete Comparison

Sole Proprietorship, Partnership, LLP, Private Limited, OPC — understand each structure, its compliance requirements, liability, and which suits your business stage.

9 min Read
GST Basics

GST Composition Scheme: Who Can Opt & What Are the Benefits?

The GST Composition Scheme offers simplified compliance and lower tax rates for small businesses. Learn eligibility, tax rates, restrictions, and how to opt in.

6 min Read

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