BUDGET 2025-2026

On February 1, 2025, India's Finance Minister presented the Union Budget for the fiscal year 2025-2026. Themed "Sabka Vikas" (Inclusive Growth), it focuses on economic growth, tax relief, and investments in key sectors like agriculture, MSMEs, innovation, and infrastructure.

Internal Audit: Essential for Businesses of All Sizes

Internal auditing is crucial for businesses—whether small startups or large enterprises—to manage risks, ensure compliance, and boost operational efficiency. While often viewed as a function for large corporations, internal audits are equally beneficial for small and medium-sized enterprises (SMEs).

The 2025 Guide to Networking for Entrepreneurs

Networking is a vital tool for entrepreneurs to build relationships, expand their businesses, and access new opportunities. In 2025, the networking landscape combines technology, personalization, and innovation with traditional practices. Here’s a concise guide:

Section 194T Compliance is Mandatory from 1st April 2025!

Effective from 1st April 2025, the Income Tax Act introduces a new compliance requirement under Section 194T for payments made to partners. If a firm makes payments such as salary, bonus, commission, or interest to its partners exceeding ?20,000 during a financial year, it will be liable to deduct TDS (Tax Deducted at Source) at the rate of 10%.

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