Finance Bill 2026: Corporate Tax Reforms – MAT Cut & IFSC Push
Strategic corporate tax changes focus on competitive rates and positioning India as a global financial hub. Here’s the complete breakdown: MINIMUM ALTERNATE TAX (MAT) – RATE CUT & STRUCTURAL CHANGE What is MAT? Background: Not applicable to: Key Changes Effective FY 2026-27 1. MAT Rate Reduced Parameter Old Rate (FY 2025-26) New Rate (FY 2026-27) […]
Finance Bill 2026: Capital Market Tax Changes – STT Hike, Buyback Reforms & SGB Rules
Significant changes in securities taxation aim to curb speculation, close tax arbitrage loopholes, and rationalize gold bond benefits. Here’s the complete breakdown: SECURITIES TRANSACTION TAX (STT) – STEEP INCREASE ON F&O Rate Changes Effective FY 2026-27 Major hike targeting speculative trading Transaction Type Old STT Rate New STT Rate % Increase Futures – Sale 0.02% […]
Finance Bill 2026: TDS/TCS Changes – Relief for Individuals, Clarity for Compliance
Major reforms in withholding tax provisions bring relief to remitters and simplify compliance for property transactions. Here’s what’s changing: TCS ON FOREIGN REMITTANCES – MAJOR RELIEF Reduced Rates Under LRS (Liberalised Remittance Scheme) Amendments to Section 206C(1G) Purpose Old Rate New Rate (FY 2026-27) Savings Overseas Education 5% (0.5% with loan) 2% (0.5% with loan) […]
Finance Bill 2026: Income Tax Changes for Individuals – What’s New?
The Finance Bill 2026 brings significant procedural reforms while keeping tax rates stable. Here’s your complete breakdown: TAX SLABS & RATES No Change in Tax Rates Both Old Regime and New Regime (Section 115BAC) remain unchanged: * New Regime (Default): *Surcharge & Cess: Unchanged at existing rates NEW INCOME TAX ACT, 2025 Historic Transition (Sections […]
The Compliance Mindset: How Founders Can Build Businesses That Never Fear Notices Again
Running a business in India means navigating two worlds simultaneously —operations and compliance. Most founders excel at operations: sales, products, team, execution.But compliance? That’s where fear starts. GST notices. ITC mismatches. TDS errors. ROC deadlines. Scrutiny letters.Suddenly growth takes a back seat and firefighting becomes routine. After working with countless SMEs and founders, one thing […]
How to Respond to GST ASMT Notices -A Complete Founder’s Guide (2025 Update)
GST has evolved into one of the most data-driven tax systems in the world. The government now uses AI-based analytics, invoice matchmaking, risk-rating algorithms, and e-waybill + income tax + MCA data sync to detect discrepancies automatically.Because of this, ASMT notices have become extremely common for MSMEs, startups, exporters, traders, and service providers. If you […]
GST Registration Cancellation: Reasons, Consequences & Remedies (Complete Guide for Businesses)
Introduction: GST registration cancellation is one of the most disruptive events a business can face. Why?Because your entire tax identity freezes instantly -you cannot sell goods/services legally, cannot issue tax invoices, cannot collect GST, and your customers lose ITC on your invoices. In India, GST cancellation happens more frequently than most founders realise. Often, it […]
GST Risk Score: How the Government Tracks You (Complete Founder Guide)
(A Deep-Dive for SMEs, Startups, Finance Teams & Tax Professionals) India’s GST system has become one of the world’s most advanced indirect tax ecosystems — powered heavily by automation, AI-driven flags, risk-scoring models, cross-matching algorithms, and real-time validations. Whether you are a founder, accountant, CFO or compliance manager, understanding GST Risk Score is no longer […]
Why Your Business Needs Compliance SOPs (A Complete Founder Guide)
Introduction If there is one thing that separates smoothly running, scalable businesses from the ones that constantly struggle, it is this: ➡️ Compliance SOPs-Standard Operating Procedures Whether it is GST, Income Tax, TDS, bookkeeping, ROC, documentation, or internal approvals, a business without SOPs ends up struggling with: A business without SOPs grows like a house […]
GST for IT & SaaS Companies — Complete Compliance Guide (Export Rules, ITC Recovery, RCM, Subscription Billing & Refunds 2025)
Introduction: The ₹8.7 Lakh GST Demand That Nearly Killed a Profitable SaaS Startup Rahul’s story (real case, name changed): Rahul runs a B2B SaaS platform (4 years old, ₹2.8 crore annual revenue). Product: Project management tool for remote teams. Customer mix: Tech stack expenses: ₹45 lakhs/year October 2024: GST Notice: Section 73 (demand + penalty) […]
About AdvoFin Consulting
We are having experienced professional who can give you the best services in Finance and Insurance
We are a firm of Chartered Accountants offering wide range of professional services under one roof. The firm was established by team of experienced professionals, geographically located all over India. Our presence extends to the financial capital in association with our affiliates.
With our ability to decode and resolve complex issues and proactively engage with clientele, we have positioned ourselves as a one stop shop with several professional service offerings under one roof.
Industries We Serve
- Automotive & Transportation
- Retail & Wholesale
- Insurance
- Hospitality
- Manufacturing
- Law
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- Banking & Finance
- FMCG
- Real Estate
