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Businesses involved in high-value purchase transactions must be aware of the provisions of Section 194Q of the Income-tax Act, 1961. This section requires eligible buyers to deduct Tax Deducted at Source (TDS) on the purchase of goods from resident sellers once certain conditions are met. Understanding these rules is essential to avoid penalties, interest, and non-compliance. In […]

Running a Limited Liability Partnership (LLP) comes with several legal and compliance responsibilities. One of the most common questions asked by LLP partners is: “Is an audit mandatory for an LLP?” The answer is not always. Unlike companies, an LLP is required to get its accounts audited only if it meets certain prescribed thresholds under the Limited Liability Partnership Act,

The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 introduces significant reforms aimed at improving the ease of doing business for MSMEs in India. The proposed amendments focus on reducing payment delays, simplifying compliance, modernising registration, and strengthening the overall MSME ecosystem. If you are an entrepreneur, startup founder, manufacturer, trader, or service provider, understanding these proposed

Starting a business is exciting, but building a strong foundation requires more than just a great idea. For eligible startups and growing businesses, Udyam Registration can be an important step toward formalising the enterprise and accessing the MSME ecosystem. Udyam Registration is the official MSME registration system of the Government of India. The registration is free, online,

In today’s digital business environment, companies and professionals increasingly rely on online platforms for registrations, statutory filings, tax compliance, tenders, and other official activities. A Digital Signature Certificate (DSC) provides a secure way to authenticate and digitally sign electronic documents. For many businesses, having a valid DSC is an important part of maintaining smooth digital compliance.