Agrawal H and Company

01/02/2026

📌 Budget 2026–27: What it means for Clients, MSMEs & Growing Businesses
The Union Budget 2026–27 sends a strong message for Indian businesses—growth with stability, support with accountability.
Key highlights that matter most for MSMEs, entrepreneurs, and business owners: 🔹 Dedicated funding and liquidity support for MSME growth
🔹 Strong push for manufacturing, services & domestic value creation
🔹 Faster payments and better credit access through TReDS & digital platforms
🔹 Simplification in tax compliance and ease of doing business
🔹 Continued focus on infrastructure, logistics & Tier-II / Tier-III cities
This Budget creates opportunities for businesses that are: ✅ Compliance-ready
✅ Digitally aligned
✅ Focused on sustainable growth
💡 The real benefit will come not just from announcements, but from timely planning, correct structuring, and informed decision-making.
If you’re an MSME, startup, or growing enterprise, now is the right time to review your tax, finance, and growth strategy in line with Budget 2026–27.

27/05/2025

CBDT extends ITR filing due date to 15th September 2025 – A welcome move, but with caution.

The Central Board of Direct Taxes has extended the due date for filing Income Tax Returns (originally 31st July) to 15th September 2025 for AY 2025-26. This extension considers the substantial changes in ITR forms and the time needed for utility readiness and credit reflection from TDS.

Why this matters:

Pros:

Provides relief to taxpayers & professionals

Allows accurate reporting with better TDS credit availability

Reduces system glitches due to better preparedness

Cons:

May encourage delay in compliance

Overlaps with audit season, impacting workflows

Delays in government cash flow and refund processing

Conclusion: While this move promotes smoother filing, let’s not treat it as an excuse to postpone. Timely compliance remains the best strategy.

10/02/2024

04/10/2023

27/08/2023

📚 Excited to share that I recently had the opportunity to lead a training session on Financial Literacy! 💰💡 It was an insightful discussion about managing personal finances, understanding investments, and making informed money decisions. The engagement and enthusiasm from the participants were truly inspiring. 💬 Looking forward to more such sessions that empower individuals to navigate the world of finance with confidence. Kudos to the participants for their active participation! 👏🌟

11/05/2023

E-invoice limit reduced from Rs. 10 Crores to Rs. 5 Crores from 01/08/2023

In simple words, if the aggregate turnover of any taxpayer in any of the Financial Year from 2017-18 to 2022-23 has exceeded Rs. 5 Crores, then it is mandated to generate E-invoice w.e.f. 1st August 2023.

Notification No. 10/2023-Central Tax

17/12/2022

07/11/2022

GSTN has started allowing the amendment related to FY 2021-22 in October 2022 return period. This in line with the recent amendment in the GST Law wherein amendment can be done upto 30th Nov. of the next FY.

16/09/2022

MCA Amendment in definition of Small Company, Section 2(85) of the Companies Act, 2013

With effect from today i.e. 15th September, 2022, MCA has amended the Companies (Specification of definition details) Rules amending the definition of _Small Company_, the limit of Paid up Capital and Turnover for the small company has been increased to Rupees Four Crores (Earlier 2 Crs.) and Rupees Forty Crores (Earlier 20 Crs.) respectively.

Notification Link: https://www.mca.gov.in/bin/dms/getdocument?mds=tiMs9IFJ8xuPm%252B%252Foxc6fUw%253D%253D&type=open

10/08/2022

From 1st October,2022, any citizen who is or has been an income-tax payer, shall not be eligible to join Atal Pension Yojana (APY)

01/08/2022

E-Invoicing limit reduced to 10 Cr. from existing limit of 20 Cr w.e.f 1st Oct 22 vide NNo. 17/2022

IMP NOTE - If Aggregate Turnover has exceeded 10 Crs in ANY PRECEDING FY i.e. 17-18,18-19,19-20,20-21 or 21-22, then E-Invoicing would be applicable from 1st Oct 2022!!

18/07/2022

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