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GSTN Advisory 666: Your FY 2025-26 GST Turnover Can Only Be Corrected Until July 31

30 July, 2026 A S Banka

There is a number sitting on your GST dashboard that most founders have never deliberately looked at, and it quietly decides four separate compliance obligations. It is your Annual Aggregate Turnover, and for FY 2025-26…

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How to Read a Startup Term Sheet: The Clauses That Actually Decide What You Walk Away With (India, 2026)

30 July, 2026 A S Banka

The valuation on the front page of a startup term sheet is the number founders celebrate. The clauses on the pages behind it are what actually decide how much you walk away with. This guide…

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FEMA (Authorised Persons) Regulations 2026: RBI Rewrites Who Can Handle Your Forex

25 July, 2026 A S Banka

If you run a startup that touches foreign exchange, most regulatory headlines pass you by. This one should not. On 30 April 2026 the RBI notified the Foreign Exchange Management (Authorised Persons) Regulations, 2026 (Notification…

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Foreign Assets Now Show Up in Your AIS: Reconcile Schedule FA Before You File AY 2026-27

23 July, 2026 A S Banka

If you hold ESOPs in a US parent, run a Robinhood or Interactive Brokers account, kept a salary account open in Dubai, or park a few thousand dollars of crypto on an offshore exchange, here…

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Startup Data Room Checklist: What Indian Investors Actually Ask For (2026)

23 July, 2026 A S Banka

Every founder thinks the raise starts with the pitch. It does not. It starts the moment an investor's analyst opens your data room and begins ticking boxes. That is where a term sheet quietly speeds…

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CBDT Circular 06/2026: The 80G Rescue for Late Form 10AB Filings

21 July, 2026 A S Banka

If your startup runs a foundation, backs a charitable trust, or routes CSR spend through an implementing agency, a quiet CBDT circular from July matters more than it looks. Circular No. 06/2026, dated 2 July…

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Cost Inflation Index 384 for 2026-27: For Most Founders, It No Longer Matters

18 July, 2026 A S Banka

The CBDT has notified the Cost Inflation Index (CII) for FY 2026-27 at 384, up from 376 the previous year. The notification, S.O. 3889(E) dated 15 July 2026, was issued under Section 72(8)(a) of the…

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GST Jurisdiction Migration in 2026: Why a Notice Does Not Lapse When You Move (Circular 255/2026)

16 July, 2026 A S Banka

If your startup has moved its registered office, opened in a new state, or been reassigned between Central and State GST authorities, one question quietly hangs over any open dispute: what happens to the show…

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Co-Founder Vesting in India: How to Split Equity So It Survives a Break-Up (2026)

16 July, 2026 A S Banka

Co-founder vesting is the single cheapest insurance policy a startup can buy, and the one founders skip most often. Two people split the equity 50-50 on day one, shake hands, and start building. Eighteen months…

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No TDS on Aircraft and Ship Lease Rent to IFSC Units: The Cash-Flow Win Hiding in a Declaration

11 July, 2026 A S Banka

If your company leases an aircraft or a ship through an International Financial Services Centre (IFSC) unit, two CBDT notifications just removed a quiet drag on your cash flow. From 1 April 2026, the lessee…

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Recent Post

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  • Foreign Company ESOP Taxation in India: What Founders Must Settle Before Their Indian Team Exercises (2026)
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  • The 57th GST Council Recommendations, Read for Founders: Disputes, Refunds, Blocked Credits and Foreign Branches
  • Got a 200% Misreporting Penalty? How the New Section 440 Waiver Works, and When It Beats an Appeal

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