Articles by Chaitra Seetharam

Gpay Limit Per Day in India For The Year 2026

Chaitra Seetharam 07 January 2026 at 11:53

Know the updated GPay per day limit in India including P2P, merchant payments, daily cap, first-24-hr new user limit, VPA receive limit and how many transfers you can make.

Rs 9.20 Crore Contract in IPL: What Mustafizur Lost After KKR Exit?

Chaitra Seetharam 05 January 2026 at 12:04

Mustafizur Rahman’s IPL salary: What he would have earned if not released by Kolkata Knight Riders.

Rs 25.2 Crore Bid in IPL, But How Much Does Cameron Green Earns After Taxes & Deductions?

Chaitra Seetharam 22 December 2025 at 11:24

The record Rs 25.2 crore bid for Cameron Green in the IPL 2026 mini-auction does not reflect his actual income, which is heavily cut by a "maximum fee" regulation

What the India-Russia Deal Means for the Indian Economy and Trade Tariffs?

Chaitra Seetharam 17 December 2025 at 11:20

India's deepening trade engagement with Russia and the EAEU via FTA talks, Programme 2030 and new logistics corridors boosts energy security and export diversification but also heightens exposure to U.S. tariffs and geopolitical trade risks.

Penalty for Late Filing of Income Tax Return

Chaitra Seetharam 13 December 2025 at 16:34

Missed ITR due date? Know about late filing fees, interest and consequences such as no loss set-off for FY 2024-25.

GSTR 9 Turnover Limit For FY 2024-25

Chaitra Seetharam 10 December 2025 at 11:18

Understand the turnover thresholds for GST annual return: What it covers, who must file based on turnover and when it becomes optional

Salary Rs 12.45 Lakh but with Dividend, Interest, MF its Over 12.75 Lakh: Do I Need to Pay Tax?

Chaitra Seetharam 06 December 2025 at 10:56

Understand how the enhanced "no tax up to Rs 12 lakh" rebate works under the New Tax Regime for FY 2025-26, why it applies only to income taxed at normal slab rates, and how dividends, interest, and mutual fund gains can push you beyond the Rs 12–12.75 lakh limit.

Inverted Duty Structure: How It Impacts Working Capital and Refund Delays?

Chaitra Seetharam 02 December 2025 at 11:09

Understand how the inverted duty structure (IDS) under GST leads to accumulated ITC, refund delays, and working capital blockages for businesses. Learn the refund mechanism under Rule 89(5), required documents for RFD-01, recent policy reforms, and key situations where IDS refunds are restricted or denied.

GST Litigation: Top Issues Leading to Appeals and Court Cases

Chaitra Seetharam 02 December 2025 at 10:54

GST litigation in India continues to rise due to disputes over ITC denial, misclassification, return mismatches, tax demands, refunds, e-way bill lapses, and procedural lapses by authorities. With aggressive enforcement, inconsistent state interpretations, tribunal delays, and evolving compliance issues, taxpayers increasingly seek relief through High Courts and the Supreme Court.

Is Your STCG Blocking Your Section 87A Rebate?

Chaitra Seetharam 24 November 2025 at 10:40

Understanding Section 87A can be confusing when Short-Term Capital Gains (STCG) are involved. While the rebate eliminates tax for income up to Rs 7 lakh under the new regime, STCG taxed at special rates often causes mistaken tax demands.