H A B and Co, Chartered Accoutants

30/10/2026

📢 GST Registration Gets a Practical Upgrade!

Good news for businesses operating from co-working spaces! The revised GST registration framework brings greater clarity to documentation requirements for different business premises, making the registration process simpler and more business-friendly.

At H A B AND CO, we help businesses stay informed, compliant and ready for growth.

📞 Contact us for professional GST and taxation assistance.

🌐 www.habco.in

24/10/2026

🚀 Join Our CA Team!

Are you a CA student looking for an opportunity to learn, grow, and gain practical experience? 📊✨

H A B and Co invites dedicated CA students to join us for Articleship Training and build a strong foundation for a successful career. Gain real-world exposure, learn from experienced professionals, and take the next step towards your professional journey! 💼

📩 Email: [email protected]
🌐 Website: habco.in
📞 Contact: +91 94488 28070 | +91 72045 35235

📍 Rajajinagar, Bengaluru

Apply today and take the first step towards your future!

22/10/2026

🎉 Congratulations to All CA Intermediate Achievers! 🎓✨

Your hard work, dedication, and perseverance have paid off! 🌟 Wishing all the successful students continued success and a bright future ahead as you move one step closer to becoming Chartered Accountants. 💙

At H A B and Co, Chartered Accountants, we celebrate your achievements and wish you many more milestones in your professional journey! 🏆📚

Keep learning, keep growing, and keep achieving! 💫

13/10/2026

🚨 CBI ARRESTS CGST SUPERINTENDENT OVER ALLEGED ₹2 LAKH BRIBE!

A major corruption case has come to light in Bhopal. The CBI reportedly arrested a CGST Superintendent on 10 October 2026 for allegedly accepting a ₹2 lakh bribe. Searches in Bhopal and Kanpur reportedly led to the recovery of ₹72.50 lakh in cash and property documents.

⚖️ Key Highlights:
🔹 Alleged monthly bribe demand of ₹2 lakh.
🔹 Bribe linked to the uninterrupted movement of scrap vehicles.
🔹 Cash and property documents reportedly recovered during searches.

📢 The investigation is ongoing. Stay informed about important developments in taxation, compliance, and financial accountability.

📊 H A B and Co. – Chartered Accountants
🌐 habco.in

09/10/2026

📢 GST 57th Council Meeting – Key Highlights | 8th October 2026

The GST Council has recommended several important reforms aimed at simplifying GST compliance, improving refund processes, reducing litigation, and making business operations easier. 🇮🇳📊

For businesses, startups, and taxpayers, staying updated with GST developments is essential for better financial planning and smooth compliance.

🔍 Key Highlights at a Glance:

✅ Registration Reforms: Simplified registration procedures, clearer guidelines, and faster approvals for eligible cases.

💰 Faster Refunds: Improvements in refund processing, provisional refunds, and electronic cash ledger refunds.

📑 Return Filing Updates: Better reconciliation, electronic statements, and improved ITC tracking.

📊 ITC Rationalisation: Proposed changes to specified input tax credit provisions to support smoother credit management.

⚖️ Litigation & Enforcement: Recommendations concerning GST demand thresholds, penalties, prosecution thresholds, and enforcement procedures.

🏢 Relief for Small Taxpayers: Proposed relief measures for eligible small businesses to reduce compliance burdens.

📌 ITC & Supply Clarifications: Proposed clarifications on export of services and place-of-supply rules.

What does this mean for businesses?

These recommendations aim to promote simpler compliance, improve transparency, reduce procedural difficulties, and support business growth.

⚠️ Important Note: These are GST Council recommendations. Their effective dates and applicability depend on the relevant amendments to GST laws, rules, notifications, and circulars. Businesses should verify the applicable provisions before making compliance decisions.

At H A B AND CO – Chartered Accountants, we help businesses stay informed about taxation, GST compliance, audit, accounting, and financial matters.

📞 Contact Us: +91 94488 28070 | +91 72045 35235
📧 Email: [email protected]
🌐 Website: www.habco.in
📍 Rajajinagar, Bengaluru, Karnataka – 560010

Follow us for more updates on GST, taxation, audit, and business compliance!

02/10/2026

NRI Taxation in India: A Complete Guide

Understand NRI Taxation in India, including residential status, taxable income, tax filing, DTAA, TDS, capital gains and tax benefits for NRIs.

05/02/2026

📅 TDS/TCS Deposit Deadline Alert for January 2026!

Hey everyone! If you deducted or collected Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) in January 2026, mark this date: You must deposit it by 7th February 2026!

That's the standard rule under Income Tax law – pay up within 7 days of the month-end to stay compliant and avoid penalties.

Special note for Government Offices: If tax is deducted/collected and paid directly to the Central Government on the same day (without an Income-tax Challan), no delay – deposit it immediately!

Stay ahead, file on time, and keep your books stress-free. Got questions? Contact H A B and Co! 💼✨

29/01/2026

⏰ POSH Compliance Alert! ⏰

Every year, establishments must submit the Internal Committee's Annual Report to the District Officer by 31st January—covering committee members, complaints, and cases handled in the preceding calendar year.

Don't miss this deadline! Stay compliant and avoid penalties. 📋✨

29/01/2026

🚨 Sovereign Wealth Funds: Form II Filing Alert for Q4 2025! ⏰

Notified Sovereign Wealth Funds under Section 10(23FE), your quarterly intimation in Form II for each investment made in India during Oct-Dec 2025 (quarter ending Dec 31, 2025) is due by January 31, 2026 – exactly 1 month from quarter-end! This electronic filing via the Income Tax e-filing portal is mandatory to preserve your tax exemption on eligible infrastructure, unlisted bonds, and specified investments.

Essential details to furnish in Form II (per investment):

Fund identification: Name, notification number/date (per CBDT Gazette), PAN.

Investment specifics: Date of investment, amount (₹), nature (debt instruments, share capital, etc.), rates (interest/dividend), investee entity (name, PAN, type like infrastructure company or InvIT).

Compliance confirmations: No borrowings/loans used, no day-to-day operations in investee.

Simple filing process: Login to e-filing portal > e-File > Income Tax Forms > Select Form II > Choose quarter (Dec 2025) > Enter investment-wise data > E-verify by authorized officer. Timely submission prevents exemption denial, ensures audit-ready records, and aligns with Form 26AS – critical for FY 2025-26 compliance!

Invest confidently, file compliantly! 🌍💰

29/01/2026

🚨 Pension Funds: Form 10BBB Deadline Alert for Q3 2025! ⏰

Notified Pension Funds under Section 10(23FE), your quarterly intimation for investments made in India during Oct-Dec 2025 is due by January 31, 2026! File Form 10BBB on the Income Tax e-filing portal to maintain your tax-exempt status on infrastructure and specified investments.

Key details to report in Form 10BBB:

Pension Fund basics: Name, PAN, notification details (No. & date under 10(23FE)).

Investment table per entry: Date, amount (₹), nature code (e.g., bonds, shares), income nature code, investee entity (name, PAN, entity type like unlisted company).

Quick filing steps: Log into e-filing portal > e-File > Income Tax Forms > File Form 10BBB > Select quarter (31-Dec-2025) > Enter details > Verify digitally by authorized signatory. Late filing risks losing exemptions u/s 10(23FE) – accuracy ensures Form 26AS alignment and audit compliance! ✅

Stay invested, stay compliant in FY 2025-26! 💼