Mark Your Calendar! The 3rd Installment of Advance Tax Is Due on December 15
The third installment of advance tax is approaching, and December 15 is an important date for taxpayers required to pay it for the financial year 2025-26. Pay your taxes on time to avoid penalties under the Income Tax Act, 1961. This can help distribute your tax burden more evenly and prevent the year-end rush. Why […]
MCA Expands Small Company Definition: Key Compliance Update 2025
The Ministry of Corporate Affairs (MCA) has lately updated the definition of a “Small Company” under Section 2(85) of the Companies Act, 2013. This update was communicated to the public through its notification issued on 1 December 2025. The revision has been effected by amending Rule 2(1)(t) of the Companies (Specification of Definition Details) Amendment […]
