Running a successful business in India requires ongoing legal, financial, and tax compliance. Here’s a quick checklist to stay on track:

Regular Tax Filings

• GST Returns: File monthly/quarterly returns (GSTR-1, GSTR-3B) and annual return (GSTR-9).
• Income Tax: File ITR by July 31 (for individuals/firms) or Sept 30 (for companies).
• TDS/TCS: Deduct, deposit, and file quarterly returns (Form 24Q, 26Q, etc.).

Financial & Legal Compliance

• Bookkeeping: Maintain accurate books of accounts (digital records recommended).
• Annual Filings (Companies/LLPs): Submit MCA forms (AOC-4, MGT-7) and audit reports.
• MSME Compliance: Update Udyam Registration if turnover/employment changes.

Employee-Related Compliance

• EPF/ESI: Deposit contributions monthly and file returns.
• Professional Tax: Deduct & pay (if applicable in your state).

GST & Other Renewals

• Renew GST Registration (if required).
• Keep Trade Licenses (Shop Act, FSSAI, etc.) updated.
• Stay Updated on Law Changes
• Monitor amendments in GST, Income Tax, and labor laws to avoid penalties.

For expert guidance on business maintenance, contact us and visit our website anytax.in.