Hasmukh Shah & Co. LLP

01/05/2026

This International Workers’ Day, we celebrate the people whose dedication powers every balance sheet, every milestone, and every success story. Behind every number is hard work, commitment, and human excellence. Today, we honor the workforce that keeps businesses moving forward.

30/04/2026

Profit alone doesn’t keep businesses alive. Discover how cash flow shapes survival, why profitable firms fail, and what practical steps ensure financial stability, smarter decisions, and long-term business resilience in today’s dynamic environment.

In financial reporting, profitability is often viewed as the primary measure of business success. However, from a professional perspective, profit alone does not guarantee financial stability or continuity. Many businesses report accounting profits while simultaneously facing liquidity constraints t...

23/04/2026

The move from Forms 15CA/15CB to 145/146 isn’t just renumbering, it’s a compliance upgrade. Explore what’s new, what’s stricter, and what demands attention. Dive in to understand more.

The evolution of India’s tax compliance framework under the Income-tax Act, 2025 and the Income-tax Rules, 2026 signals a decisive move toward greater digitization, standardization, and strengthened regulatory oversight. Traditionally, Forms 15CA and 15CB have played a pivotal role in governing fo...

16/04/2026

Tax laws are getting a makeover - simpler, smarter, and far less confusing. Discover how the Income Tax Act, 2025 could transform the way India approaches, plans for, and files taxes.

Contributed By:- CA Jinal Gada

09/04/2026

Think zero-rated supplies are straightforward? Think again. Discover how documentation determines eligibility, prevents disputes, and safeguards benefits. Read now to strengthen your GST position and stay audit-ready.

In the GST framework, zero-rated supplies covering exports and supplies to SEZ units or developers under Section 16 of the IGST Act, offer significant tax advantages. These include the ability to supply under LUT without payment of tax and to claim refunds of accumulated ITC. However, these benefits...

02/04/2026

The biggest cyber risk isn’t systems, it’s people. Read now to understand how attackers think and how your awareness can become the strongest line of defence for your organization.

In a world where every click can open a door to opportunity-or risk, cybersecurity has become a defining priority of the digital age, no longer confined to IT teams or banks but shared by every organization, every employee, and every interaction online. Recent events have highlighted the rapid rise....

26/03/2026

Materiality isn’t merely a concept; it’s a powerful lens. Dive in to see how it influences reporting, auditing, and the way stakeholders interpret financial reality.

Materiality is one of the most fundamental, yet highly judgment-driven, concepts in financial reporting and auditing. While accounting and auditing standards provide a framework, applying materiality requires professional judgment, contextual understanding, and practical experience. For finance team...

20/03/2026

Financial discipline practiced all year can turn compliance into a strategic advantage. Read how proactive planning can strengthen your business foundation.

For many businesses, financial management often comes into sharp focus only when tax season arrives. As deadlines approach, documents are gathered and compliance quickly becomes the top priority. While meeting tax obligations is essential, limited financial attention to this period alone can cause b...

19/03/2026

May the year ahead keep your numbers strong, your decisions clear, and your growth well balanced. Best wishes from Hasmukh Shah & Co. on Gudi Padwa. Here’s to celebrating new beginnings and brighter possibilities!

12/03/2026

Before the financial year closes, a quick GST compliance review can protect your cash flow, prevent penalties, and ensure a smooth start to the new year. Take a few minutes now - to safeguard your business!

With the financial year drawing to a close, businesses must look beyond simply finalising their accounts and take time to review key GST compliances. A timely review can help avoid penalties, protect cash flow, and ensures smooth operations from 1st April. Below are some important areas every busine...

05/03/2026

India’s tax story is quietly rewriting itself, reshaping the balance between corporates and citizens. Discover what this historic shift means for growth, stability, and the middle class. Indulge now.

A silent but powerful transformation is unfolding in India’s fiscal landscape. For decades, India’s tax collection framework relied heavily on corporate taxation as the primary engine of direct tax revenue. However, recent trends reveal a significant turning point – Personal Income Tax (PIT) c...

02/03/2026

May this festival of colors bring new energy, positivity, and vibrant opportunities to all. Hasmukh Shah & Co. LLP wishes you a very Happy Holi!