Expert Advice

Tips & Suggestions

Practical, actionable suggestions on tax saving, financial planning and compliance — straight from a practising global accountant.

Tax Saving Planning
💰

Maximise 80C Before March 31

Invest ₹1.5L in ELSS, PPF or LIC before year-end to claim full 80C deduction under the old regime.

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Crypto Strategy

Harvest Crypto Losses Before Year-End

Sell loss-making crypto before March 31 to reduce overall VDA gains — losses can offset same-year gains.

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UAE Advisory
🇦🇪

Structure Your UAE Entity Correctly

Free Zone entities must pass the QFZP test — wrong structuring leads to 9% CT instead of 0%.

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GST Best Practice
📋

Reconcile GSTR-2B Monthly, Not Annually

Monthly reconciliation prevents ITC mismatch notices and avoids interest on wrong credits.

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ITR Tip
📄

Claim HRA Even If Landlord Lacks PAN

You can still claim HRA using Form 60 from landlord if rent exceeds ₹1L/year.

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NRI Advisory
🌍

File FBAR If You Have Foreign Accounts

US persons with Indian bank accounts exceeding $10,000 must file FBAR annually.

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