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Expert Tax Compliance Insights by FigmentPage 3 of 3

Practical guides on GST, TDS, tax notices and compliance automation, from the team behind the software 900+ organisations rely on.

MCA strike off status check showing company status values such as Active, Strike Off and Under Process of Striking Off
MSME9 min read

MCA Strike Off Status: How to Check if a Company or LLP Is Struck Off (2026)

Check the MCA strike off status of any company or LLP, the Schedule III disclosure for struck-off companies, and how to screen vendors in bulk.

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Bulk update of MSME vendor details showing Udyam status changes in a vendor master
MSME9 min read

How to Bulk Update MSME Details of Your Vendors (2026 Guide)

Verify MSME (Udyam) status of all your vendors in bulk by Udyam number or PAN, update your vendor master and ERP, and stay ready for 43B(h) and MSME Form 1.

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Income-tax-act-2025-reporting-blog-cover
Income Tax21 min read

Four Reporting Regimes, One Transition: What the Income-tax Act, 2025 Changes for FATCA-CRS, SFT, PAN Quoting and Form 15CC

How the Income-tax Act, 2025 changes FATCA-CRS, SFT, PAN Quoting and Form 15CC reporting: new forms, transition dates and what applies to each period.

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Form 60 and 61 Are Now Form 97 and 98
Income Tax18 min read

Form 60 and 61 Are Now Form 97 and 98: What Reporting Entities Need to Change

Under the Income-tax Act, 2025, Form 60 has become Form 97 and Form 61 has become Form 98. Here is what to change before your next filing.

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Traces overview
TDS4 min read

TRACES C Flag Removal: What TDS Return Filers Need to Know

Reported a transaction as PANNOTAVBL with TDS at 20% and a “C” flag? Before updating the PAN or correcting transaction/TDS values, check whether flag removal is required.

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Form 3CD Clause 22 and MSME compliance under the MSMED Act, Income-tax Act and Companies Act
MSME13 min read

Form 3CD Clause 22 and MSME Compliance After Notification 23/2025: The Complete Checklist

Form 3CD Clause 22 MSME reporting after Notification 23/2025: one checklist linking Section 43B(h), MSME Form 1, Schedule III and Udyam status.

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Income tax notice triggers
Income Tax6 min read

Income Tax Notice Triggers: 15 Common Reasons the Department Sends a Notice

Most income tax notices are not random. The Income Tax Department matches what you report in your return against what banks, employers, registrars, mutual funds and other reporting entities report about you. When the two do not agree, or when a transaction looks out of line with your declared income

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Invoice OCR API for CA firms: data extraction, auto reconciliation and accurate reports
API7 min read

Invoice OCR API for CA Firms: How Chartered Accountants Can Automate Client Invoice Processing

How chartered accountants use invoice OCR APIs to extract GSTIN, tax amounts and line items from client invoices, cut manual entry and speed up GST filing.

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Best OCR API in 2026 for invoice digitization
API10 min read

Best OCR API in 2026 for Invoice Digitization: Transforming Invoice Processing with AI

What invoice digitization is, how AI-powered OCR extracts invoice data, the features to look for in an OCR API, and how to choose one for accounts payable.

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How to register for GST in India: step-by-step guide
GST4 min read

How to Register for GST in India – Step-by-Step Guide

Who must register for GST in India, the documents you need, and the step-by-step GST REG-01 process on the GST portal, from TRN to GSTIN and certificate.

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