- GST (21)
- Income Tax (22)
- Miscellaneous (21)
- Tenali Explains (21)
- Tenali Investigates (22)
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What Is the ‘Total TDS’ SMS from the Income Tax Department?
As the Income Tax Return (ITR) filing season for AY 2026-27 gathers pace, many taxpayers across India have started receiving a new SMS from the Income Tax Department mentioning their “Total TDS”. While the message has caused confusion among many salaried employees and professionals, there is usually no need to panic. The SMS is an “Read More…”
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Volkswagen’s biggest restructuring exercise in its history!
As per the Reuters (quoted), ‘Volkswagen is under unprecedented pressure to restructure the business model that underpinned its success for decades, as it grapples with high costs and excess capacity at home. Those factors, along with rising Chinese competition, regulation, and U.S. import tariffs, have sliced its profit margins in half between 2021 and 2025.’ “Read More…”
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Are Indians Using Credit Cards Less? What the Latest Credit Trends Mean for Businesses in India
India’s credit card market has witnessed remarkable growth over the last decade, with outstanding balances and the number of cards in circulation reaching record levels. However, a recent industry report has revealed an interesting shift—while the number of credit cards continues to rise, the growth in unique credit card users has slowed significantly. Instead of “Read More…”
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GST on Restaurants and Food Service Businesses
Running a restaurant involves much more than serving delicious food. Restaurant owners must also comply with various GST provisions related to tax rates, input tax credit (ITC), invoicing, registration, food delivery platforms, takeaway orders, and catering services. Understanding these rules is essential to avoid unnecessary tax demands and penalties. Whether you operate a fine-dining restaurant, “Read More…”
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The Day Titan Stopped Selling Time!
Maharaj said casually, “Titan became successful because Indians simply started buying expensive watches.” Tenali smiled. “If that were true, why did thousands still buy cheaper watches?” “Superior quality?” Maharaj guessed. Tenali shook his head. “Quality keeps customers. It rarely creates a market.” Maharaj got curious, “Then what changed?” “Perception. Titan stopped selling time. It sold “Read More…”
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ITAT Chennai Grants Section 54 Relief Despite Construction Delay
Selling a residential property and reinvesting the capital gains into a new home is one of the most common tax-saving strategies under the Income Tax Act. However, many taxpayers worry that an unforeseen delay in construction may lead to the denial of their tax exemption. A recent decision by the Income Tax Appellate Tribunal (ITAT), “Read More…”