Small businesses are owed $17,500 on average: How the fastest-paid are closing the gap

QuickBooks reports that small businesses are owed an average of $17,500, causing cash flow issues and challenges in hiring ...
The Business Standard

NBR moves to verify import invoices online, aims to cut clearance time

According to an NBR press release, the system will enable fully online, real-time verification of commercial invoices. Once implemented in full, it is expected to significantly reduce revenue risks by ...
Tax Guru

ITC TRAP How Good-Faith Traders Lose Lakhs & What Courts Say About It

Rajiv had spent fifteen years building his trading business from scratch. What started as a modest operation dealing in steel pipes out of a rented godown had grown into a firm with a turnover ...
CFO

Hatch Bank CFO on liquidity, risk and the potential for automation

When Francis Mitchell joined banking-as-a-service provider Hatch Bank as CFO earlier this year, he stepped into the role at a time when the sponsor bank was refining how its finance function supports ...
Tax Guru

GST FY 2026–27 Compliance Checklist: 10 Key Actions for Businesses

Exporters and businesses making supplies to SEZ units must file a Letter of Undertaking (LUT) in Form GST RFD-11 before starting zero-rated supplies in FY 2026-27. Without a valid LUT, you will have ...