Latest posts
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The first year under the Income-tax Act 2025: what changes for your filings
The Income-tax Act 2025 replaced the 1961 Act on 1 April 2026. Rates, deadlines and deductions are unchanged in substance, but sections are renumbered, previous year and assessment year become one tax year, and notices…
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Three Haldiram's: how one family name became three companies, a 24-year trademark fight and a $10 billion merger
Most people assume Haldiram's is one company. It has been three, run by three branches of one family, divided by a 1974 deed that gave one branch the trademark everywhere in India except West Bengal. The dispute that…
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The ₹80 loan: what Lijjat Papad teaches about the business structures India forgot
Seven women borrowed ₹80 in March 1959 and made four packets of papad on a Girgaum terrace. Lijjat now has 45,000 women co-owners, 83 branches and reported sales of ₹1,600 crore, and it has never issued a share or taken…
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Ten farmers and a producer company: the Sahyadri Farms story, and how a farmer producer company works
In 2010 a Nashik farmer who had twice sold his own land to pay other farmers registered a producer company with a group of ten growers. Sahyadri Farms crossed ₹2,500 crore in revenue in FY26, is owned by more than…
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The 2017 purge: when MCA struck off 2.24 lakh companies and 3.09 lakh directors lost their seats
In September 2017 the government deleted more than two lakh companies from the register and barred three lakh people from being directors for five years. Many were running honest businesses that had simply stopped…
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Campa Cola: the ₹22 crore trademark that became a ₹4,700 crore brand in four years
A soft drink that disappeared from shelves around 2000 was bought for about ₹22 crore in August 2022 and sold ₹4,700 crore worth of bottles in FY26. Campa Cola is the clearest case in Indian business of what a…
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Where India's businesses are being born: what two lakh new companies in 2026 tell us
A new company is registered in India about every two minutes. Between January and September 2026 that added up to 2,04,754 companies and 89,199 LLPs. We read every record: where they were born, what they do, why LLPs…
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The true cost of a private limited company in India: year one and every year after
A private limited company can be registered for a few thousand rupees. Keeping it alive costs more than that every year, forever, whether or not it earns a rupee. This is the full bill: incorporation, the first 180…
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Udyam registration: the MSME benefits most business owners never claim
More than 8.9 crore enterprises hold a Udyam certificate. Most of them use it once, to open a bank account, and never again. The certificate carries a 45-day payment law with punitive interest, a tax rule that makes…
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The Income-tax Act 2025 for small businesses: what changed from April 2026, and what only looks different
On 1 April 2026 India's income tax law was replaced for the first time in 65 years. For a small business the rates did not move, but every section number did, the assessment year disappeared, the TDS forms were…