Returns Filings

By FOXTAX
Accounting, Returns Filings, Tax Management

Union Budget 2026–27: Key Updates for Businesses Taxpayers

The Architecture of Viksit Bharat: Decoding Union Budget FY 2026-27 for Businesses & Taxpayers The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, marks a definitive transition from post-pandemic recovery to a long-term structural re-engineering of the Indian economy. At FOXTAX, we believe this budget isn’t just about numbers; it’s a sophisticated blueprint for […]

By FOXTAX
Returns Filings

India Budget 2026: Income Tax Slab Changes & Key Updates

Setting the Stage: Why All Eyes Are on the Union Budget 2026 Anticipation is high as the Union Budget 2026-27 approaches. Speculation intensifies around potential income tax changes, particularly for the crucial Middle Class and Salaried Employees. Following its recent electoral success, the Modi Government 3.0 faces significant expectations for economic stability and growth-oriented reforms. […]

GST Late Fees 2026: Penalties, Interest & Rules Explained

Navigating Goods and Services Tax (GST) compliance requires timely return filing. Missing deadlines incurs penalties and interest. Understanding these charges is crucial for every registered person. This guide clarifies GST late fees and interest, helping businesses avoid unnecessary costs. What Are GST Late Fees? GST late fees are statutory penalties levied for delayed filing of […]

By FOXTAX
Returns Filings

Top 5 Compliance Mistakes Businesses Make and How to Avoid them

Starting a new business is exciting, but it also comes with a host of responsibilities. Among the most critical yet often overlooked aspects of running a startup are accounting and bookkeeping.