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FBS advisory FBS Advisory ( Formerly Fintech Business Solutions) | Tax, Management & Business Consulting since 2019 🇮🇳🇸🇦 Serving clients across India, UAE & Saudi Arabia.

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05/10/2026

🚨 NEW GST UPDATE | Multi-State Registration

Planning to take GST registration in multiple States? Here’s a new facility you should know about! 👇

From 1 October 2026, businesses can initiate GST registrations for multiple States/UTs under the same PAN through a common application process.

🔹 One PAN
🔹 Master TRN
🔹 State-wise TRNs
🔹 Separate GSTINs for each State

⚠️ Important: Multi-State Registration does NOT mean one GSTIN for all States.

Also, the Master TRN needs to be submitted within 15 days.

✨ Gandhi Jayanti | 2 October ✨Integrity is the foundation of trust.On this Gandhi Jayanti, let us remember the values of...
02/10/2026

✨ Gandhi Jayanti | 2 October ✨

Integrity is the foundation of trust.

On this Gandhi Jayanti, let us remember the values of truth, honesty and simplicity — values that continue to inspire us in both life and business.

May we build a stronger tomorrow by choosing integrity in everything we do.

Happy Gandhi Jayanti! 🇮🇳

🚨 TAX AUDIT & ITR DUE DATES EXTENDED!The due dates for Tax Audit and ITR filing for audit cases have been extended.📌 Tax...
28/09/2026

🚨 TAX AUDIT & ITR DUE DATES EXTENDED!

The due dates for Tax Audit and ITR filing for audit cases have been extended.

📌 Tax Audit
Original: 30 September 2026
Extended: 21 October 2026

📌 ITR for Audit Cases
Original: 31 October 2026
Extended: 21 November 2026

Stay compliant, plan your filings on time, and avoid last-minute complications.

📩 Need assistance with Tax Audit, ITR Filing & Tax Compliance?
FBS Advisory is here to support you.

🚨 EPFO 3.0: A Major Update for Employees!The EPFO framework is undergoing significant changes, with key updates to wage ...
23/09/2026

🚨 EPFO 3.0: A Major Update for Employees!

The EPFO framework is undergoing significant changes, with key updates to wage coverage, withdrawal rules and digital services.

🔹 ₹15,000 → ₹25,000
EPFO wage ceiling revised, potentially bringing more employees under mandatory coverage.

🔹 13 → 3
Partial withdrawal provisions simplified into 3 broader categories.

🔹 12 Months
Uniform minimum service requirement for partial withdrawals.

🔹 75% Withdrawal
Eligible members can generally access up to 75% of the eligible PF balance, while 25% remains protected.

🔹 36 Months
EPS final-withdrawal waiting period revised from 2 months to 36 months.

🔹 Digital EPFO
Technology-driven initiatives aim to make claims and withdrawals faster and easier.

📌 Stay updated. Stay compliant.

FBS ADVISORY
Your Compliance & Tax Partner

22/09/2026

**Is your business or profession liable for Tax Audit?**

The turnover limit isn’t the same for everyone. Here are the key numbers you should know:

💼 **Business** – ₹1 Crore
💼 **Business with limited cash transactions** – ₹10 Crore
👨‍💼 **Specified Professionals** – ₹50 Lakhs
📊 **44ADA presumptive taxation** – ₹75 Lakhs, subject to the 5% cash receipt condition

⚠️ These are not the only factors that determine tax audit applicability. The nature of your income and the provisions applicable to you also matter.

📅 **Tax Audit Report Due Date: 30 September 2026**

Not sure where your business/profession stands?
**Get it checked before the deadline.**

📩 DM **FBS Advisory** for assistance.

🚨 GSTN BRINGS A NEW UPDATE ON APPEAL FILINGWhat has changed?GSTN has introduced an important change in the GST Portal re...
21/09/2026

🚨 GSTN BRINGS A NEW UPDATE ON APPEAL FILING

What has changed?

GSTN has introduced an important change in the GST Portal regarding appeals against demand orders showing NIL / ZERO demand.

Let’s understand this with a situation 👇

A taxpayer has a dispute regarding GST liability.

However, before the demand order was issued, the taxpayer had already made the payment.

As a result, the demand order reflected:

Demand Amount: NIL / ZERO

But the taxpayer still wanted to challenge the disputed liability through an appeal.

Here was the practical issue.

Earlier, the GST Portal had a validation that restricted filing an appeal against such orders where the demand amount was shown as NIL / ZERO.

GSTN has now removed this restriction. ✅

As per the GSTN update dated 7 September 2026, taxpayers facing such cases can now file an appeal in:

FORM GST APL-01

against demand orders reflecting NIL / ZERO demand amount.

📌 In case of any difficulty while filing the appeal, taxpayers can raise a ticket with the GST Helpdesk.

GSTN Update | September 2026

🚨 A GST notice doesn’t always start with a big mistake. Sometimes, it starts with a mismatch.Filing your GST returns is ...
18/09/2026

🚨 A GST notice doesn’t always start with a big mistake. Sometimes, it starts with a mismatch.

Filing your GST returns is just step one. What matters is making sure your numbers match across GSTR-1, GSTR-3B, GSTR-2B, E-Way Bills, and your books.

Regular reconciliation can help identify discrepancies early, review your records, and correct issues before they become bigger concerns.

📌 Don’t wait for the notice. Reconcile. Review. Correct.

🚨 TAX AUDIT RULES ARE CHANGING!The new tax audit framework brings important changes in reporting, audit forms, electroni...
17/09/2026

🚨 TAX AUDIT RULES ARE CHANGING!

The new tax audit framework brings important changes in reporting, audit forms, electronic books and penalties.

📌 What’s changing?
➡️ Section 44AB → Section 63
➡️ Forms 3CA / 3CB / 3CD → Consolidated Form 26
➡️ New reporting requirements for electronic books & audit observations
➡️ Changes in penalty structure
➡️ New framework applies from Tax Year 2026–27

💡 What should you do now?
✔️ Complete FY 2025–26 audit under the existing framework
✔️ Ensure timely filing by 30 September 2026
✔️ Prepare your accounting systems for the new reporting requirements
✔️ Maintain proper electronic books and backups
✔️ Start preparing early for Tax Year 2026–27

📌 Save this post for your Tax Audit checklist.

For professional tax & compliance support, connect with FBS Advisory.

📌 ITR Filed? Don’t Stop There!Filing your ITR is only the first step. Your return needs to be e-Verified or the signed I...
16/09/2026

📌 ITR Filed? Don’t Stop There!

Filing your ITR is only the first step. Your return needs to be e-Verified or the signed ITR-V must be submitted within the prescribed timeline.

For AY 2026–27, make sure you: ✅ Check your ITR status
✅ Confirm the return is “Verified”
✅ Complete pending e-Verification without delay
✅ Submit ITR-V if applicable
✅ Save your acknowledgement safely

Remember: ITR Filed ≠ ITR Completed.
Make verification the final step of your filing process. 🧾✅

Form 104 vs Form 105 under the Income-tax Act, 2025 — a quick guide for charitable trusts, NGOs, societies and Section 8...
14/09/2026

Form 104 vs Form 105 under the Income-tax Act, 2025 — a quick guide for charitable trusts, NGOs, societies and Section 8 companies.

The new framework replaces the earlier Form 10A/10AB structure with Forms 104/105 for registration/approval-related applications. Understanding when to use each form is important to avoid delays and ensure continued access to tax benefits.

Swipe through to understand: • Form 104 — Provisional registration/approval
• Form 105 — Regular registration/approval
• Old Law vs New Law
• Why the correct form matters

📌 Choose the right form based on your entity’s stage of activities.

For professional tax & compliance guidance, connect with FBS Advisory.

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