Diwali Gifts 2026: Key Income Tax & GST Points
Gave or received gifts this Diwali? Key points: ₹50,000 income tax limit for gifts from non-relatives, GST on employer gifts to employees and no ITC on gift items.
Gave or received gifts this Diwali? Key points: ₹50,000 income tax limit for gifts from non-relatives, GST on employer gifts to employees and no ITC on gift items.
57th GST Council reforms, GSTR-9/9C for FY 2025-26 enabled, e-invoicing for RCM self-invoices, CBDT Notification 137/2026 and TDS Q2 due on 31 Oct.
MCA extends AOC-4 to 31 Dec 2026 and MGT-7 to 31 Jan 2027. TDS Q2 return due 31 Oct, ITR for audit cases 21 Nov, GST multistate registration and more.
In the rapidly evolving business landscape of India, staying compliant with taxation, corporate laws, and regulatory frameworks is more important than ever. For businesses of all sizes — from startups and SMEs to large corporations — navigating GST, Income Tax, MCA compliance, Audit, and strategic business advisory can…