CAclubindia Articles

GST Composition Scheme for FY 2026-27: Eligibility, Rates, and Compliance Explained

Posted by Priyanshi Garg 15 July 2026 3605 Views

Complete guide to the GST Composition Scheme for FY 2026-27. Know eligibility, turnover limits, tax rates, compliance requirements, e-commerce rules, due dates, benefits, restrictions, and recent amendments under Section 10 of the CGST Act.

Understanding the Operating Cycle: The Foundation of Working Capital Assessment

Posted by Ashok Kakkar 15 July 2026 62 Views

Learn the concept of the operating cycle and its role in working capital management. Understand its components, calculation, impact on liquidity, business efficiency, and working capital requirements, along with practical examples and ways to improve cash flow across different types of businesses.

Correct Classification of Goods under Customs Law: The First Determination on Which Everything Else Rests

Posted by CA. Keshav Kumar 15 July 2026 56 Views

Learn why correct customs classification is crucial for importers and exporters in India. Understand HSN codes, tariff classification rules, self-assessment obligations, duty implications, compliance requirements, penalties for misclassification, and practical strategies to manage classification risks under the Customs Act, 1962 and Customs Tariff Act, 1975.

Section 10 of the IBC: Voluntary Initiation of CIRP by the Corporate Debtor

Posted by Priyanshi Garg 15 July 2026 60 Views

Understand Section 10 of the IBC, 2016, which allows corporate debtors to voluntarily initiate CIRP. Explore eligibility, filing requirements, governance safeguards, and key changes introduced by the IBC (Amendment) Act, 2026, including IRP appointment, disclosure norms, and withdrawal rules.

Income Below Basic Exemption Limit? You May Still Be Required to File an ITR

Posted by CA. Keshav Kumar 14 July 2026 1780 Views

Confused by the ITR question on the Seventh Proviso to Section 139(1)? Learn who must file a return despite income below the basic exemption limit, the Rule 12AB triggers, high-value transaction thresholds, and why this declaration matters in AY 2026-27 filings.

Two Employers, One Tax! Managing Your Salary Taxation during a Job Switch!

Posted by CA Umesh Sharma 14 July 2026 640 Views

Received salary from two employers in the same financial year? Learn Form 12B rules, TDS implications, ITR filing precautions, tax regime considerations, and how to avoid tax shortfalls and interest liabilities.

Old vs New Tax Regime AY 2026-27: Which One Saves More Tax for Business Owners?

Posted by CMA Sajin Odupara

14 July 2026 153 Views

Compare the Old and New Tax Regimes for AY 2026-27. Learn tax slabs, Section 87A rebate, Form 10-IEA requirements, and which regime can save you more tax.

Understanding Peer-to-Peer (P2P) Lending in India

Posted by Ashok Kakkar 14 July 2026 99 Views

Learn what Peer-to-Peer (P2P) lending is, how it works, its key participants, benefits, risks, regulatory framework in India, and how it differs from traditional bank lending. A comprehensive guide for borrowers, lenders, students and finance professionals.

GST Updates: Last Chance for Taxpayers to Complete FY 2025-26 Process

Posted by Poojitha Raam Vinay

13 July 2026 14205 Views

The GST Network has moved the AATO amendment window for FY 2025-26, and taxpayers now have only until 31 July 2026 to act. What Changed: The New AATO Amendment ...

Kisan Vikas Patra Scheme 2026: Latest Interest, Eligibility, Maturity, Taxability and Investment Benefits

Posted by Ishwarya Keerthi B 13 July 2026 27714 Views

Kisan Vikas Patra (KVP) 2026: Check the latest interest rate, maturity period, taxability, lock-in rules, eligibility, investment limits, and whether KVP is the right choice for conservative investors.