Blog & Insights
Expert insights on taxation, audit, compliance, and business advisory from the team at Alkesh Patel & Company.
15 Frequently Asked Questions About Filing Income Tax Returns in India
Filing an Income Tax Return, commonly known as ITR, is one of the most important annual financial compliances for taxpayers in India. Yet many individuals still feel confused about filing...
Annual ROC Compliance for Private Limited Companies: A Complete Checklist
Annual ROC compliance is one of the most important legal responsibilities for every Private Limited Company in India. Many founders and directors focus heavily on business growth but overlook...
GST 2.0 Explained: What the September 2025 Rate Reforms Mean for Your Business
India's GST framework underwent major restructuring after the 56th GST Council reforms introduced in September 2025. Commonly referred to as GST 2.0, these reforms focused on simplifying tax slabs...
GST Registration in India: Who Needs It, When to Register, and How to Apply
GST registration is one of the most important legal and tax compliances for businesses operating in India today. Whether you are a freelancer, consultant, startup founder, ecommerce seller, LLP, OPC...
GST on Alcohol in India: Why Liquor Is Outside GST and How It Is Actually Taxed
One of the most commonly misunderstood aspects of India's taxation system is the treatment of alcohol under GST. Many consumers assume GST applies to liquor the same way it applies to most products...
GST on Diamonds and Precious Stones in India: Rates, HSN Codes, and Jewellery Business Compliance
India's diamond and jewellery industry operates under specialised GST rules that differ significantly from ordinary retail taxation. For diamond traders, jewellers, exporters, manufacturers...
GST on Gold and Silver in India: Rates, Making Charges, and What Jewellers Need to Know
Gold and silver occupy a unique position in India's economy and taxation system. Unlike most consumer products, precious metals involve layered pricing structures including bullion value, making charges...
GST on Mobile Phones and Electronics in India: How iPhones, Android Phones, and Imported Devices Are Taxed
Mobile phones are among the most heavily searched consumer electronics categories in India, and GST plays a major role in determining their final retail price...
Income Tax Deductions Under Section 80C, 80D, and 80E: A Complete Guide for FY 2025-26
Income tax deductions remain one of the most important tools for reducing taxable income in India. Every financial year, salaried employees, professionals, freelancers, business owners, and investors...
Private Limited Company vs LLP vs OPC: Which Structure Is Right for Your Business?
Choosing the right business structure is one of the most important early decisions for entrepreneurs in India. The structure you select affects legal liability, taxation, compliance obligations...
What Is a Virtual CFO and Does Your Small Business Need One?
As businesses grow, financial management becomes far more complex than basic bookkeeping or tax filing. Founders often reach a stage where they need strategic financial guidance but may not yet be...