QuantFin Advisory

04/09/2026

Essential Tax Audit Limits as per Income Tax Act 2025.

12/07/2026

F&O Trading guide for all traders.

06/07/2026

Important Update on the Income Tax Portal 🚨

The e-Filing portal now displays both Form 26AS (Income-tax Act, 1961) and Form 168 (Income Tax Act, 2025).

Taxpayers should carefully select the applicable form based on the relevant Act and tax period.

27/06/2026

🚨Big Update in the Banking Sector!🚨

Reports suggest that the Government is considering a merger of SBI, Punjab National Bank (PNB), and Canara Bank to create India’s largest Public Sector Bank.

If approved, the merger could be implemented over the next 12–18 months, aiming to improve operational efficiency, capital strength, technology integration, and customer services.

Note: This is currently under consideration and awaits official approval. Let’s wait for the Government’s final notification before drawing conclusions.

26/06/2026

16/06/2026

🚨Big News for DFIA FOR MOBILE & ELECTRONICS INDUSTRY🚨

What is DFIA? And How it Helps

Duty Free Import Authorization (DFIA) is a Government of India export incentive scheme that allows duty-free import of specified components and inputs against completed export obligations.

📌Key Benefits for Mobile & Electronics Companies

📱 Duty-Free Import of Components
Reduce Basic Customs Duty (BCD) on eligible imported parts and accessories.

💰 Lower Procurement Cost
Directly reduces landed cost of imported components used in manufacturing and trading.

🔄 Transferable Authorization
DFIA licenses can be transferred after fulfillment of export obligations, creating additional value.

📦 Post-Export Benefit
Authorization is issued against completed exports, making it a reliable and compliance-driven incentive.

📈 Higher Profitability
Typical DFIA market benefits range between 7%–10%, depending on product category and duty structure.
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Example
Import Value: ₹1 Crore

BCD @ 10%: ₹10 Lakhs

Potential DFIA Benefit: Up to ₹10 Lakhs

31/05/2026

🚨 E-Way Bill Rules Are Changing from 15 June 2026🚨

Businesses using GST, ERP/API integrations, or Bill-To/Ship-To transactions should not ignore these updates. Small compliance gaps can now lead to major operational disruptions.

✅ Mandatory Ship-To GSTIN
✅ New E-Way Bill Closure Facility
✅ ERP/API System Updates Required
✅ Stronger Validation & Tracking Mechanism

This is the right time to review your GST processes and ensure your systems are fully compliant before the changes go live.

At QuantFin Advisory, we help businesses stay compliant, avoid disruptions, and streamline GST operations with practical advisory support.

📩 Feel free to connect if you want a quick understanding of how these changes may impact your business.

17/05/2026

🚨 Stop Searching GST Forms every time and master all GST forms in one glance!🔥

Different GST compliances require different GST Form Series:-

📌REG for Registration,
📌GSTR for Returns,
📌RFD for Refunds,
📌DRC for Demand & Recovery, and
📌APL for Appeals.

Understanding the correct form is equally important for proper GST compliance and litigation handling.

A practical quick reference always helps in daily professional practice.

📖 Keep this guide saved & stay GST ready at every step!

15/05/2026

🚨Do not file ITR before watching this🚨

Important Highlights ITR-1 Utility for F.Y. 2025-26 (A.Y. 2026-27)*

✅ More strict validation system introduced
✅ Detailed Home Loan disclosure required:
• Lender PAN
• IFSC Code
• Loan Account No.

✅ Separate HRA reporting schedule added
⚠ Landlord PAN mandatory if rent exceeds* ₹1 lakh

✅ Detailed deduction reporting for:
80C | 80D | 80E | 80G | 80U etc.

✅ AIS / TIS / 26AS reconciliation now very important

✅ TCS reporting verification increased for:
• Foreign travel
• Foreign remittance
• High-value transactions

✅ Higher chances of AI-based scrutiny for:
❌ Fake deductions
❌ HRA mismatch
❌ Unreported interest income
❌ Incorrect loan claims

📌 Maintain proper supporting documents:
• Rent receipts
• Loan certificates
• Donation proofs
• Insurance receipts
• Interest certificates

⚖ The Income Tax Department is moving towards a fully data-driven and automated compliance system.