Posts

Avoid Double Taxation — Income Tax Department Complete Guide 2026

Image
  Avoid Double Taxation — Income Tax Department Complete Guide 2026 By Sharda Associates | CA Firm, Bhopal, Madhya Pradesh, India You Are Paying Tax Twice on the Same Income — and You May Not Even Know It Double taxation happens more often than most taxpayers realise. It happens to Indian residents who earn income abroad. It happens to NRIs earning income in India. It happens to business owners whose company pays tax on profit and who then pay tax again on dividend income received from that same profit. The good news is that India has a comprehensive legal framework to prevent or eliminate double taxation — through Double Taxation Avoidance Agreements with 90-plus countries, through unilateral relief provisions in the Income Tax Act, and through specific exemptions that protect certain categories of income from being taxed twice. Understanding these mechanisms is not just a compliance exercise. It is a genuine money-saving exercise. The taxes you avoid through correct application o...

Dairy Farming Business in India — Complete Guide 2026

Image
By Sharda Associates | CA Firm, Bhopal, Madhya Pradesh, India Most people do not realise that being the world's largest milk producer is not the same as being a country with a surplus of good-quality, organised dairy production. India's milk comes overwhelmingly from small, informal, 2 to 5 animal household units. The gap between what the organised dairy sector needs — consistent quality, reliable volume, year-round supply — and what fragmented small holdings can deliver is exactly the commercial opportunity that well-organised dairy farms of 10 to 50 animals can fill. Since the last decade, India has maintained an annual growth rate of 5.7 percent in overall milk production. The demand for milk and milk-based products continues to surge, driven by changing dietary habits, urbanisation, and a growing preference for packaged dairy.   Sharda Associates is a CA firm based in Bhopal, Madhya Pradesh, India. Our CA team prepares CA-certified Project Reports, CMA Reports, and Feasibi...

Project Report for Bank Loan—What It Is, What It Contains, and Why Most Applications Get Rejected

  Project Report for Bank Loan—What It Is, What It Contains, and Why Most Applications Get Rejected By Sharda Associates | CA-Certified Project Reports | shardaassociates.in If you are planning to apply for a business loan—whether it is a PMEGP loan, MSME term loan, MUDRA loan, or a regular bank loan for a new or existing business—the first document your bank will ask for is a project report. Most people underestimate this document. They either download a generic template from the internet, get it prepared by someone who has no idea what a bank's credit officer actually looks for, or submit an incomplete report and wait weeks for a response — only to get the file returned with objections. This post explains exactly what a bank project report is, what it must contain, and why so many applications get rejected even when the business idea is perfectly sound. What Is a Project Report for a Bank Loan? A project report for a bank loan is a formal financial and technical document submit...