Income Tax for Self-Employed in India

Being self-employed provides you with flexibility and control, but it also requires you to calculate, pay, and file your own income tax — no employer will deduct TDS or handle compliance on your...

Is SCSS Still the Best Guaranteed Income Option for Retirees

Choosing the right retirement instrument is just as important as picking the right tax framework around it — and most retirees only receive expert advice on one of the two. Sharda Associates has...

Union Budget 2026-27 Highlights Key Announcements for Taxpayers & MSMEs

Every Union Budget delivers changes that silently affect your tax return, business loan eligibility, or compliance schedule—yet most individuals only realize them when it’s time to file. Sharda...

Section 80CCG of Income Tax Act

Tax-saving sections change over time, and relying on obsolete information when planning your investments may result in missing out on deductions that are still available. Sharda Associates has created...

How to Calculate TDS on Salary: Step-by-Step Guide

TDS on salary is the income tax deducted by an employer before paying salary to an employee. Unlike many other TDS provisions, salary TDS is not deducted at one fixed percentage. The employer...

Accounting Services That A Small Business Should Have

Running a small business in India requires more than just selling and operating. Accounting services for small businesses are critical to ensuring financial stability, tax compliance, and long-term...

What is a CMA Report? Meaning, Format, and Why Your Bank Needs It

You’ve probably heard of the term “CMA Report” if you’ve ever asked for a term loan, working capital limit, or credit facility from an Indian bank. It is frequently the single...

Faceless Tax Assessment in India: Process and Notice

A faceless tax assessment allows the Income Tax Department to examine a taxpayer’s return, income, and supporting documents through an online system. Taxpayers generally communicate through the Income...

What Is PMEGP? Eligibility, Subsidy and Loan Process

MEGP can help eligible entrepreneurs start a new manufacturing or service business with bank finance and government margin-money subsidy. However, the subsidy is not an instant cash payment, and...