Answers to the questions we hear most

Yes. Most of our work is done online — documents are shared securely, and calls happen by phone or video — so we work with businesses across India and with overseas companies that have Indian operations.

Usually a fixed fee per engagement or a monthly retainer for ongoing compliance. You'll get a written scope and quote before any work begins, and government fees are shown separately.

Yes. The first conversation is about understanding your situation and telling you what's needed. There's no obligation to engage us afterwards.

The new regime has been the default since FY 2023-24, so you have to opt out to use the old one. The old regime only wins if your deductions — 80C, 80D, HRA, home-loan interest and so on — are large enough to beat the new regime's lower slab rates.

Salaried individuals without business income can choose afresh every year. If you have business or professional income, switching is restricted, so the choice needs more thought. We run both computations before every return.

You can still file a belated return up to 31 December of the assessment year, but you'll pay a late fee under section 234F (up to ₹5,000, or ₹1,000 if total income is under ₹5 lakh), interest under section 234A on unpaid tax, and you lose the right to carry forward most business and capital losses.

Don't ignore it, and don't panic. First, confirm it's genuine — every notice carries a Document Identification Number (DIN) you can verify on the e-filing portal. Note the response deadline, then send it to us. Most 143(1) mismatches are resolved online with a response or a rectification request.

Anyone whose tax liability for the year, after TDS, is ₹10,000 or more. Resident senior citizens (60+) with no business or professional income are exempt. Missing instalments attracts interest under sections 234B and 234C.

Registration is required once your aggregate turnover crosses ₹40 lakh for supply of goods or ₹20 lakh for services (lower limits apply in special-category states). Some businesses must register regardless of turnover — including inter-state suppliers of goods, casual taxable persons, those liable under reverse charge and most e-commerce sellers.

Exports are treated as zero-rated inter-state supplies. Exporters of goods generally need to register; service exporters below the threshold may be exempt. To export without paying IGST, you file a Letter of Undertaking (LUT) at the start of each financial year — we handle it as part of onboarding.

It lets small businesses pay GST at a flat rate on turnover and file quarterly (CMP-08) and annual (GSTR-4) returns. It's available up to ₹1.5 crore turnover for goods (₹75 lakh in special-category states) and ₹50 lakh for services. The trade-off: you can't claim input tax credit or charge GST to customers, and you can't make inter-state supplies of goods. It suits some retailers and small manufacturers, and rarely suits B2B businesses.

It's a core-field amendment on the GST portal, filed with proof of the new premises (rent agreement and utility bill, or ownership documents). The officer has 15 working days to approve or raise a query. File it before you move, not after.

Choose a Private Limited Company if you plan to raise equity investment, issue ESOPs, or want the credibility large customers and banks expect. Choose an LLP if you want lower compliance and cost, and don't plan to bring in outside investors. Both give limited liability. Converting later is possible but takes time and paperwork, so it's worth getting right at the start.

• First board meeting within 30 days of incorporation
• Board meetings through the year (at least four; two for small companies and OPCs)
• AGM within six months of the financial year end
• AOC-4 (financial statements) within 30 days of the AGM, and MGT-7/7A (annual return) within 60 days
• DIR-3 KYC for every director by 30 September
• Income tax return

Form 11 (annual return) by 30 May, Form 8 (statement of accounts and solvency) by 30 October, and the income tax return.

Yes. Most sectors allow 100% foreign ownership under the automatic route. At least one director must be resident in India — someone who stayed in India for 182 days or more in the previous financial year. Foreign investment must also be reported to the RBI (FC-GPR) within 30 days of share allotment.

Everything a CFO does, part-time: owns the monthly numbers, forecasts cash, manages bank and investor relationships, prepares board reports and pressure-tests big decisions — hiring, pricing, expansion, fund-raising. It works well for companies between roughly ₹2 crore and ₹100 crore in turnover that need financial leadership but not a full-time hire.

Mostly Tally Prime and Zoho Books, and we're comfortable working inside your existing ERP. If you're choosing software for the first time, we'll recommend one based on your size, GST profile and reporting needs.

Usually through secure cloud access to your accounting software, a shared drive for bills and statements, and bank-feed integrations where available. For businesses that prefer paper, we arrange scheduled pickups.

Yes. We start by reconstructing and reconciling opening balances, clean up any backlog, and then move to a regular monthly cycle.

Yes, on the official portal (udyamregistration.gov.in). Several look-alike websites charge for it, so be careful. Our fee covers getting the classification and activity codes right and keeping the registration updated.

Ten years from the application date, renewable every ten years indefinitely. You can use your mark while the application is pending.

™ can be used with any mark you claim as yours, registered or not. ® can only be used once the mark is actually registered — using it before then is an offence under the Trade Marks Act.

Generally not, unless you want to claim benefits under the Foreign Trade Policy. It's required for importing or exporting goods.

Credit Monitoring Arrangement data is a standard bank format that sets out your past and projected financials, working-capital cycle and fund flows. Banks use it to assess and renew working-capital limits such as cash credit and overdraft facilities.

Mainly whether projected cash flows can comfortably service the debt (the debt-service coverage ratio), how much the promoters are putting in, the security on offer, and whether the assumptions — prices, volumes, margins, timelines — are realistic for your industry.

It depends on complexity and how quickly we get your data. We'll give you a committed date when we scope the work.