Blog & Insights

Tax tips, GST guides, UK/US compliance news, NRI advisory, and budget updates from the TNGS LLP team

Tax Tips & Compliance
ITR Filing for FY 2024-25: Complete Guide for Individuals & Businesses

Everything you need to know about filing your Income Tax Return for FY 2024-25 — which ITR form to use, key deadlines, documents required, and common mistakes to avoid.

Tax Tips & Compliance
TDS Compliance Guide for Employers & Businesses in India (FY 2024-25)

A comprehensive guide to TDS deduction rates, deposit timelines, quarterly return filing, Form 16/16A issuance, and how to handle TDS notices — for employers and businesses.

Tax Tips & Compliance
Advance Tax: Who Must Pay, How to Calculate, and Key Due Dates

If your estimated income tax liability for the year exceeds ₹10,000, you are required to pay advance tax in instalments. Here is everything you need to know.

GST & Indirect Tax
GSTR-9 Annual Return Filing: Complete Guide for FY 2024-25

The GST annual return (GSTR-9) is due by 31st December. This guide covers who must file, what to include, reconciliation requirements, and key pitfalls to avoid.

GST & Indirect Tax
GSTR-2B Reconciliation: Step-by-Step Guide to Maximising Your ITC

Input Tax Credit mismatches are one of the biggest GST compliance risks. Here is how to reconcile GSTR-2B with your purchase register and resolve common discrepancies.

GST & Indirect Tax
E-Invoice under GST: Applicability, Process, and Common Questions

E-invoicing is now mandatory for businesses with annual turnover above ₹5 crores. Here is a clear guide to applicability, the generation process, and what happens if you don't comply.

GST & Indirect Tax
GST Registration in India: Complete Process, Documents & Threshold Guide

Who needs GST registration, what documents are required, how to apply online, and what to do after getting your GSTIN — a complete guide for new businesses.

UK/US International Tax
UK Corporation Tax 2025: Rates, Deadlines & Filing Requirements for Indian-Owned UK Companies

With the UK Corporation Tax rate now at 25%, Indian entrepreneurs with UK companies need to understand their filing obligations, available reliefs, and how to manage compliance from India.

UK/US International Tax
UK VAT Guide 2025: Registration, MTD Filing & Key Rules for Businesses

The UK VAT registration threshold is now £90,000. This guide covers when to register, how Making Tax Digital works, available VAT schemes, and filing deadlines.

UK/US International Tax
Setting Up a UK Limited Company from India: Step-by-Step Guide

Indian entrepreneurs can register a UK Limited Company entirely online without travelling to the UK. Here is the complete process — from name check to HMRC registration.

UK/US International Tax
Setting Up a US LLC from India: Delaware vs Wyoming, EIN, and Tax Implications

A US LLC gives Indian entrepreneurs access to the world's largest market. Here is what you need to know about state selection, formation process, EIN, and US tax obligations.

NRI & Cross-Border
DTAA Explained: How NRIs Can Avoid Double Taxation on Indian Income

If you earn income in India while residing abroad, you may be taxed in both countries. The DTAA (Double Tax Avoidance Agreement) prevents this — here is how it works for NRIs.

NRI & Cross-Border
India–UK Double Tax Treaty: Key Provisions Every NRI in the UK Must Know

If you are an Indian living in the UK with income or assets in India, the India–UK DTAA determines how your income is taxed. Here are the key provisions you need to understand.

NRI & Cross-Border
NRI Residential Status: How to Determine Yours Under the Income Tax Act

Your tax obligations in India depend entirely on your residential status. Here is how to correctly determine whether you are Resident, RNOR, or Non-Resident for a given year.

NRI & Cross-Border
NRI Repatriation: How to Transfer Money from India Abroad — FEMA Rules

Repatriating funds from India as an NRI involves navigating RBI and FEMA regulations. Here is a clear guide to what you can repatriate, how much, and what documentation is required.

Budget & Regulatory News
Union Budget 2025-26: Key Tax & Regulatory Changes You Need to Know

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 on 1 February 2025. Here are the key income tax, GST, and regulatory announcements that affect businesses and individuals.

Budget & Regulatory News
Capital Gains Tax in India After Budget 2024: New Rates, Indexation & What Changed

The July 2024 Budget made sweeping changes to capital gains taxation — new rates, removal of indexation for property, and changes to holding periods. Here is what you need to know.

Budget & Regulatory News
UK Self Assessment 2024-25: What NRIs and Non-Residents Need to File

The UK Self Assessment deadline is 31 January. If you are an NRI with UK rental income, capital gains, or directorship — you may need to file. Here is a complete guide.

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