Articles & Guides on Tax, Finance & Accounting in India
Practical Insights on Income Tax, GST, Accounting, and Wealth Planning in India
Stay updated with expert insights on Income Tax, GST, Accounting, Personal Finance, Corporate Finance, and Wealth Planning. Our guides simplify complex topics into practical, step-by-step knowledge for individuals, businesses, and professionals.
Clear, Practical Guidance on Income Tax, GST & Finance
Browse our articles by category to quickly access the tax and finance insights that matter most to you. Whether you’re looking for clarity on Income Tax filing, GST compliance, accounting best practices, personal finance planning, corporate finance, or wealth management, our content is structured for easy discovery and practical use. Each guide is written to break down complex laws, rules, and procedures into clear, step-by-step explanations—helping individuals, entrepreneurs, and professionals in India make informed decisions with confidence.
Explore Income Tax Guides
Learn how income tax works — ITR filing basics, deductions, and compliance explained in simple language.
Income Tax Changes 2026 for Salaried Employees: HRA, Allowances & Real Salary Impact
Income tax changes 2026 for salaried employees impact HRA, allowance limits, and salary structure. Understand key updates and real tax implications.
What Happens If You Claim HRA Without Paying Rent? (2026)
Can you claim HRA without paying rent? Understand the tax consequences, scrutiny risks, and what happens if your HRA claim is disallowed under the 2026 income tax framework.
Rent Paid to Parents HRA Rules 2026, Tax Implications and Compliance Guide
Rent paid to parents HRA rules 2026 explained in simple terms. Understand eligibility, documentation, tax implications, and how to claim HRA safely under income tax rules 2026.
HRA Calculation 2026 with Example: Income Tax Rules 2026 Explained for Salaried Employees
HRA calculation 2026 made simple with a real example. Understand the income tax rules 2026, exemption formula, salary definition, and how salaried employees can maximise tax savings through correct HRA calculation.
HRA Rules 2026: Higher Exemption & How It Impacts Your Salary
HRA rules 2026 bring a major tax advantage for salaried employees, with more cities now eligible for 50% exemption and stricter disclosure requirements. Understand how these income tax rules 2026 impact your HRA claim, documentation, and overall tax savings.
Completed Assessments under Section 153A: Supreme Court Position
Can completed assessments be reopened after a search? Learn the Supreme Court ruling in Abhisar Buildwell on additions under Section 153A and the role of incriminating material.
Explore GST Guides
Step-by-step resources on GST returns, input tax credit, and indirect tax updates for businesses.
Union Budget 2026 – Key Changes in Income Tax, TDS/TCS, STT and GST
Union Budget 2026 focuses on tax certainty and structural reforms rather than headline rate changes. While income-tax and GST rates remain unchanged, the Budget introduces key procedural reforms including rollout of the new Income-tax Act, consolidation of assessment and penalty proceedings, rationalisation of TDS and TCS rates, STT changes for derivatives, IFSC/GIFT City incentives, and GST compliance simplification. This article summarises the key tax highlights relevant for taxpayers, businesses and investors.
ITC on Leasing of Commercial Property — Post Safari Retreats Reality
ITC on leasing of commercial property under GST remains available in limited circumstances despite Safari Retreats. This article explains how Section 17(5)(d) applies to lease rentals and construction-linked credits.
Why ITC on Telecom Towers Is Blocked under GST — Statute vs Court Views
ITC on telecom towers continues to be blocked under GST despite their critical business role. This article explains how Section 17 overrides earlier judicial views and why functional arguments fail post-GST.
ITC on Plant & Machinery — What Civil Structures Still Qualify Post-GST
ITC on plant and machinery under GST remains a high-risk area, particularly where civil structures and foundations are involved. This article explains the statutory scope of Section 17(5), the limited role of the functional test, and the eligibility of civil components post-GST.
Functional Test vs Statutory Bar under GST: Limits of Judicial Interpretation
A principled analysis of the conflict between functional interpretation and statutory prohibition under GST, examining the constitutional limits of judicial interpretation in fiscal law.
ITC on immovable property — what survives after Safari Retreats (SC)
This article explains whether ITC on immovable property under GST is available on construction after the Supreme Court’s Safari Retreats judgment, focusing on Section 17(5) restrictions and practical compliance implications.
Explore Accounting & IFRS Guides
Understand accounting standards, IFRS concepts, audits, and financial reporting essentials.
Accounting of Compound Financial Instruments under Ind AS 32 and Ind AS 109 — A Practical Guide
This article offers a practical and comprehensive guide to accounting for Compound Financial Instruments (CFIs) such as CCDs, CCPS and OCDs under Ind AS 32 and Ind AS 109. It explains classification, liability–equity split, embedded derivatives, discounting, EIR calculation, and conversion accounting with clear examples and journal entries, enabling professionals to interpret and apply Ind AS requirements with confidence.
Common Control Business Combinations under Ind AS 103: Practical Issues and Correct Accounting Approach
Common control business combinations under Ind AS 103 often create confusion, especially in PE-backed restructurings. This article explains the meaning of control, pooling of interest vs acquisition method, treatment of comparatives, capital reserve and consolidation mechanics through a practical case study.
The Hidden Mistake in CWIP Accounting: What Everyone Gets Wrong About ROU Depreciation & Lease Interest
Many companies still capitalise land ROU depreciation or lease-liability interest into CWIP—an error that violates Ind AS logic, inflates project cost and distorts financial reporting. This article explains why these costs must be expensed, supported by economic reasoning and Ind AS 16, 23 and 116.
Ind AS 116 & IFRS 16 — Leases (Clear, Practical Guide with Examples)
A practical guide to lease accounting under Ind AS 116 and IFRS 16. Understand right-of-use assets, lease liabilities, and accounting treatment with examples.
Ind AS 115 & IFRS 15: Revenue Recognition — 5-Step Model
A clear, comprehensive guide to Ind AS 115 / IFRS 15. Walk through the 5-step model, determine and allocate the transaction price, handle contract costs, and present/disclose correctly—including Para 109AA (excise) and the Para 126AA contracted-price reconciliation—with simple examples.
Explore Personal Finance Guides
Smart guides on budgeting, insurance, tax planning, and money management for individuals.
Emergency Fund Planning 2025: How Much & Where to Park It
A practical guide to size, park, and protect your emergency fund in India—layered for liquidity and linked to your budget’s five-jar flow.
How to Build a Personal Budget That Actually Works
Tired of budgets that die by Day 10? India’s 4-bucket, 5-jar system tames UPI, automates SIPs, and brings calm to money—starting today
Explore Corporate Finance Guides
Insights on business finance — capital structure, project funding, mergers, and financial strategy.
Invoice-Defects Tracker (Excel, India) — Reduce DSO
If cash is the lifeblood of your business, invoice quality is the artery. Most delays in collections are not disputes about value, they are preventable errors: wrong GSTIN, missing PO, mismatched quantities, IRN rejection, or no proof of delivery. This Invoice-Defects Tracker gives finance and sales…
13-Week Cash Flow Forecast (India) — Free Excel Template
Get a lender-grade 13-week cash flow forecast for India. One-page summary, MSME/GST cadence, UPI/TReDS, OD/CC headroom and breach flags. Free Excel download.
13-Week Cash Flow Forecast Plan: Full Guide, Template Logic & Worked Example
This guide turns cash timing from a headache into a habit. Learn the 13-week cash flow method for India with a step-by-step template, exact formulas, AR ageing collection patterns, and UPI/TReDS tactics. Includes a fully worked example, playbooks, pitfalls, and a simple Friday cadence you can run every week.
Working Capital Optimization in India 2026
Working capital is cash trapped in operations. This India-focused guide explains the operating cycle and CCC (DIO + DSO − DPO), walks through the key ratios with ideal ranges, highlights MSME/GST nuances, and shows—via ABC Co and EcoSolar—how tightening collections, right-sizing inventory, and setting fair payables can unlock ₹-crore cash without straining relationships. Make cash a weekly habit, not a once-a-quarter scramble.
Explore Investment & Wealth Planning Guides
Learn strategies for wealth creation — mutual funds, stocks, retirement planning, and tax efficiency.
Asset Allocation by Age: How Indian Investors Should Invest in Their 20s, 30s, 40s & 50s
Asset allocation changes with age, income, and financial goals. This guide explains how Indian investors should allocate equity, debt, gold, and cash across different life stages for balanced long-term growth.
Best Asset Allocation Strategies for Indian Investors in 2025
Stop chasing hot picks. Build a resilient India-2025 portfolio—equity (India+global), TMFs, a measured gold sleeve, and cash for action. Learn the exact weights and rules.
Explore Process Improvement Guides
Productivity hacks and process optimization ideas for businesses and professionals.
Month End Close Checklist Excel (India 2026) — Free, Pro-Grade Template
Free Month End Close Checklist Excel for India. Plan T-5 to T+3 closing tasks, track approvals with maker-checker controls, and manage AP/AR reconciliations in one simple template.
Month-End Close (India) 2025: The T+3 Blueprint for Finance Teams
Month-end shouldn’t be a fire drill. Use this T+3 blueprint—DMAIC, T-2 accruals, intake hygiene, and small STP pilots—to cut close time, lift FPY, and calm audits in 90 days.
Six Sigma Finance FAQ (India 2025)
Confused by Lean Six Sigma in finance? This India-ready FAQ shows how to lift FPY, cut TAT, and lower COPQ—so month-end finally calms down.
Implementing Lean Six Sigma in Finance Teams: A Practical Guide
Month‑end shouldn’t feel like a fire drill. Fix one finance process in 90 days with lean six sigma finance India—TAT reduction, higher FPY, calmer audits, and visible COPQ savings.
Explore Free Download
Old vs New Tax Regime Calculator AY 2026–27 – Compare & Save Tax Instantly (Excel Tool)
Old vs New Tax Regime Calculator AY 2026–27 – Compare tax instantly and download Excel tool to find which regime saves you more tax. Designed for salaried individuals.
Month End Close Checklist Excel (India 2026) — Free, Pro-Grade Template
Free Month End Close Checklist Excel for India. Plan T-5 to T+3 closing tasks, track approvals with maker-checker controls, and manage AP/AR reconciliations in one simple template.
Invoice-Defects Tracker (Excel, India) — Reduce DSO
If cash is the lifeblood of your business, invoice quality is the artery. Most delays in collections are not disputes about value, they are preventable errors: wrong GSTIN, missing PO, mismatched quantities, IRN rejection, or no proof of delivery. This Invoice-Defects Tracker gives finance and sales…
13-Week Cash Flow Forecast (India) — Free Excel Template
Get a lender-grade 13-week cash flow forecast for India. One-page summary, MSME/GST cadence, UPI/TReDS, OD/CC headroom and breach flags. Free Excel download.
GST Registration Checklist 2025-Free Download
Download your free GST Registration Checklist 2025. Covers all required documents for owned, rented, and residential premises, along with small steps of GST registration. Backed by official CBIC, GST Council, and GSTN sources. A practical tool to avoid rejection and simplify compliance for businesses and professionals.
Income Tax Calculator for AY 2026–27 (FY 2025–26) – Free Excel Download
Download our free Excel Income Tax Calculator for AY 2026–27 (FY 2025–26). Built with the latest New Regime slab rates, ₹75,000 standard deduction, Section 87A rebate, and capital gains tax updates, this easy-to-use tool lets you compute your tax in minutes. Perfect for salaried, pensioners, and NRIs to plan taxes quickly and accurately.
Latest Post from Our Articles & Guides
Productivity hacks and process optimization ideas for businesses and professionals.
Old vs New Tax Regime Calculator AY 2026–27 – Compare & Save Tax Instantly (Excel Tool)
Old vs New Tax Regime Calculator AY 2026–27 – Compare tax instantly and download Excel tool to find which regime saves you more tax. Designed for salaried individuals.
Income Tax Changes 2026 for Salaried Employees: HRA, Allowances & Real Salary Impact
Income tax changes 2026 for salaried employees impact HRA, allowance limits, and salary structure. Understand key updates and real tax implications.
What Happens If You Claim HRA Without Paying Rent? (2026)
Can you claim HRA without paying rent? Understand the tax consequences, scrutiny risks, and what happens if your HRA claim is disallowed under the 2026 income tax framework.
Rent Paid to Parents HRA Rules 2026, Tax Implications and Compliance Guide
Rent paid to parents HRA rules 2026 explained in simple terms. Understand eligibility, documentation, tax implications, and how to claim HRA safely under income tax rules 2026.
HRA Calculation 2026 with Example: Income Tax Rules 2026 Explained for Salaried Employees
HRA calculation 2026 made simple with a real example. Understand the income tax rules 2026, exemption formula, salary definition, and how salaried employees can maximise tax savings through correct HRA calculation.
HRA Rules 2026: Higher Exemption & How It Impacts Your Salary
HRA rules 2026 bring a major tax advantage for salaried employees, with more cities now eligible for 50% exemption and stricter disclosure requirements. Understand how these income tax rules 2026 impact your HRA claim, documentation, and overall tax savings.
Stay Updated with Tax & Finance Insights
Join the TaxBizMantra community and get the latest updates on tax tips, GST compliance, accounting strategies, and business finance insights — delivered straight to your inbox. Stay ahead with expert advice you can trust.