Pankaj J. Valendra

In a decisive move towards enhancing transparency and accountability in corporate India, the Ministry of Corporate Affairs (MCA) issued a notification on 30 May 2025, revising the formats of two cornerstone compliance documents e-Form AOC-4 and Form MGT-7. These amendments are not mere procedural tweaks; they signal a deeper shift in how companies are expected […]

Income Tax in India: Old Regime vs New Regime Navigating the complexities of income tax can be daunting for many. With the introduction of the new tax regime in the 2020 budget, taxpayers in India now have two systems to choose from: the traditional old regime and the new, simplified regime. Each has its own

The Essential Role of Bookkeeping and Accounting in Business Success. At Pankaj and Associates, we understand that the heart of any successful business lies in its financial health. Bookkeeping and accounting are the lifelines that keep the financial heart beating strong. Bookkeeping: The Foundation of Financial Management Bookkeeping is the process of recording daily transactions