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Regulatory & GST Updates and Legal Analysis

byFox Mandal & AssociatesAvailable online; Offices in Kolkata, Bengaluru, Mumbai, Delhi, Chennai & HyderabadStarts from₹35,000 per assessment yearView full gallery

Staying ahead of regulatory changes is critical for compliance. We provide timely analysis of GST updates, RBI circulars, and fiscal policy changes to ensure your business remains informed.

An important update on GST compliance. We inform our clients about mandatory Multi-Factor Authentication (MFA) for accessing GST portals to enhance security and ensure smooth compliance.

We analyze and report on crucial RBI circulars. This update discusses modifications to instructions on investments in Alternative Investment Funds (AIFs), aimed at preventing the evergreening of loans.

A look back at the 10 key regulatory reforms of 2024. Our analysis helps clients understand the evolution of India's legal landscape and its impact on business and governance.

About Regulatory & GST Updates

Staying compliant is not just about filing returns; it involves proactive adaptation to mandates like Multi-Factor Authentication for GST or adjustments in RBI guidelines for AIF investments. We interpret these complex circulars into operational strategies, helping you mitigate risk before notice periods or audit cycles begin.

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Fox Mandal & Associates

Available online; Offices in Kolkata, Bengaluru, Mumbai, Delhi, Chennai & HyderabadStarts from ₹35,000 per assessment year

We are a team of solicitors and advocates focused on providing direct legal clarity in a complex regulatory environment. Our partners apply decades of experience to ensure your business operations stay aligned with current Indian laws and fiscal policies.

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Latest GST and Tax Law Updates for Bengaluru Businesses

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Sai E-FilingOnline classes and at training center in Sahakar Nagar, Bengaluru
The Union Budget for 2024-25 brought changes to the new tax regime slabs. This graphic provides a clear overview of the new income tax rates for different income brackets.4
The Union Budget 2024 introduced several duty reductions to boost the economy. Key changes include reduced basic customs duty on gold, silver, platinum, and mobile phones and chargers.
Even large corporations face tax challenges. Recently, Indian IT giant Infosys received a massive Goods and Services Tax (GST) demand of Rs 32,403 crore from tax authorities, highlighting the importance of correct compliance.

Latest Indian Tax Updates and GST News

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24eFilingAvailable online across India; Visit office at L.B. Nagar, Hyderabad
A key highlight from the Interim Budget 2019-20 was the full tax rebate for individuals with a taxable income up to 5 lakh rupees. We help clients structure their finances to take full advantage of such beneficial changes.6
Understanding income slabs is fundamental to tax planning. This update from the Interim Budget 2019-20 shows how individuals with gross income up to 6.5 lakh rupees could avoid paying tax by making specified investments, a strategy we help our clients implement.
The standard deduction is a direct benefit for salaried individuals, reducing their taxable income without requiring any investment. We ensure this deduction, which was raised to 50,000 rupees, is correctly claimed in every applicable tax return we file.
For property owners, changes to the TDS threshold on rental income are important for cash flow management. This infographic highlights the increase from 1.8 lakh to 2.4 lakh rupees, a detail we factor into our advisory for clients with rental income.

Government Policy and Tax Updates

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Preetham Shetty & CoAvailable online across India; Offices in Rajajinagar and Arekere, Bengaluru
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Expert Legal Insights and Regulatory Analysis

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Cyril Amarchand MangaldasPan-India advisory available online & at offices in Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai & Ahmedabad
A special limited-time offer for the new financial year, providing up to 25% off on our annual compliance packages. This is designed to help businesses start the year stress-free.4
The launch announcement for our new client portal. This portal allows clients to purchase services, share data securely, track cases, and raise support tickets all in one place.
A graphic listing the business management services we offer, including GST, Income Tax, Secretarial Services, and Payroll.
A promotional graphic positioning us as "Financial Doctors in Bangalore," listing our core service areas like starting a business, licenses, and international services.

Latest Financial Offers and Compliance Packages

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TaxaJAvailable online across India; Offices in Delhi, Bengaluru & Bihar
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Wondering what transactions can trigger an income tax notice? This is a question I answer all the time. I've created this simple chart showing the specific limits for cash deposits, credit card payments, property sales, and more. Following these guidelines can help you manage your finances better and stay off the tax department's radar.
Here's a critical GST update you cannot afford to miss. From August 1, 2025, the GST portal will automatically reject any returns that are more than three years past their due date. If you have any old, pending returns like GSTR-1 or 3B, now is the time to get them filed before this rule makes it impossible.
A tax audit is mandatory if your business turnover crosses certain limits, and the rules are different for cash versus digital transactions. This visual breaks down the thresholds for businesses and professionals for the assessment year 2025-26. I can help you determine if you need an audit and ensure you file by the due date to avoid heavy penalties.

Essential Tax and GST Advisories for Business Owners

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SynmacAvailable online; Offices in Chennai & New Delhi, serves Bengaluru

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