What is the difference between old and new income tax regime FY 2025-26?

The new regime offers lower slab rates with a Rs.75,000 standard deduction and Section 87A rebate making income up to Rs.12L tax-free. The old regime allows deductions under 80C, 80D, HRA, etc.

When is GST registration mandatory?

GST registration is mandatory when aggregate turnover exceeds Rs.40 lakhs for goods or Rs.20 lakhs for services.

S Bhaskar & Associates | Chartered Accountants in Delhi

About Us

S Bhaskar & Associates is a distinguished Chartered Accountancy firm led by CA Shivam Bhaskar — a practitioner renowned for precision, integrity, and commercial acumen. We work with a diverse portfolio of clients: from ambitious startups and MSMEs to listed corporates, Public Sector Undertakings, and high-net-worth individuals. What sets us apart is not just expertise — it is our commitment to being the most proactive, responsive, and client-centric CA firm in the market.

Core Expertise

Tax Planning & Compliance Audit & Assurance GST Advisory Startup & ROC Advisory Ind AS Reporting Virtual CFO

Technology-First Practice

We leverage cutting-edge accounting technology and automation to deliver faster turnaround, flawless accuracy, and real-time visibility into your compliance posture — so you can focus on growth, not paperwork.

About CA Shivam Bhaskar

CA Shivam Bhaskar is a fellow-qualified Chartered Accountant and B.Com (Hons.) graduate from the University of Delhi. With deep expertise spanning Direct Taxation, GST Advisory, Corporate Law, and Ind AS Financial Reporting, he brings a rare blend of technical mastery and strategic thinking to every client engagement. His practice philosophy is simple: every client deserves the very best — irrespective of their size.

Direct Taxation GST Advisory Ind AS Reporting Corporate Law

Our Purpose

Vision & Mission

The principles that drive every engagement, every decision, and every relationship at S Bhaskar & Associates.

Our Vision

"To be the most trusted Chartered Accountancy firm in India — where businesses of every size find not just a compliance partner, but a strategic ally committed to their lasting financial success."

We envision a future where every entrepreneur, startup, and enterprise has access to world-class financial expertise — delivered with integrity, precision, and genuine care. A firm that sets the benchmark for professional excellence in the CA profession.

Our Mission

Four commitments that define how we show up — for our clients, our country, our community, and our people.

Our Clients

To be the most proactive and reliable financial partner our clients have ever had — anticipating challenges, solving problems before they arise, and delivering outcomes that genuinely move their businesses forward.

Our Country

To uphold the rule of law with zero compromise — ensuring every client operates fully within the legal framework, strengthening India's tax compliance ecosystem, and contributing to the nation's economic growth through ethical practice.

Our Society

To democratise access to quality financial advice — empowering small businesses, social enterprises, and first-generation entrepreneurs who deserve expert guidance and the same professional standard as the largest corporations.

Our People

To build a firm where every team member thrives — investing in continuous learning, nurturing talent, fostering a culture of accountability and excellence, so that our people deliver their absolute best for every client we serve.

Our Services at a Glance

We offer professional services for businesses, start-ups, corporates, PSUs, and individuals.

Audit & Assurance

Statutory & Tax Audits
Internal & Risk-Based Audits
Forensic Audit & Risk Management

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Taxation & Compliance

Direct Tax Advisory & Return Filing
GST Registration, Returns & Audit
Tax Planning & Litigation Support

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Societies & Trust Compliances

Formation of Society Trust & Section 8 Company
Registration u/s 12A/12AA/12AB & 80G of Income Tax Act
FCRA Registration, Renewal and other statutory compliance
CSR Compliance

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Start-Up Advisory

Company/LLP Incorporation
Start-up India & MSME Registration
Funding, Valuations & Compliance
Valuations & Due Diligence
Strategic Growth Consulting

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Corporate and other Law Compliances

Company/LLP Formation & Filings
Annual ROC Compliance
Corporate Governance & Secretarial Advisory
FEMA & RBI Compliance

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Virtual CFO & Outsourcing

Business Process & Internal Controls
MIS , Cash Flow & Budgeting
IND AS Compliant Reporting
Accounting & Bookkeeping
Payroll & Compliance
Technology-driven Financial Insights

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Free Financial Calculators & Tools

Powerful tools to help you make informed financial decisions

EMI Calculator

Calculate monthly EMI for home, car, and personal loans with detailed amortization

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GST Calculator

Calculate GST, CGST, SGST, and IGST with instant breakdown for your business

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Income Tax Calculator

Compare old vs new tax regime for FY 2025-26 and find the most suitable option

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Latest from Our Blog

Expert articles on taxation, audit, company law, and financial compliance — authored by qualified CAs.

Taxation Sep 29, 2025 • 5 min read

Important GST Filing Updates Effective October 1, 2025

Manual ITC reconciliation, IMS-based GSTR-2B, credit note ITC linkage, and sequencing changes – what to prepare before October 2025.

By CA Shivam Bhaskar

Read article

Taxation Sep 28, 2025 • 6 min read

New GST Rule on Credit Notes – Effective October 1, 2025

Major GST framework shift coming October 2025. Learn about new credit note rules, ITC reversal requirements, and practical implications for businesses.

By CA Shivam Bhaskar

Read article

Company Law Aug 28, 2025 • 5 min read

Appointment of First Auditor in Case of Companies

Learn how to appoint the first auditor under Section 139(6) of the Companies Act, 2013 – timelines, tenure, procedure, and ROC filing requirements.

By CA Shivam Bhaskar

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Contact Us Today to Get Started!

We usually respond within 1 business day.

+91 8873412680

cashivambhaskar@gmail.com

143A 3rd floor Naraiyan nagar, Laxminagar, New Delhi 110092

Why Work With Us

Expertise You Can Trust – Accurate, reliable, and practical professional advice.
Client-Centric Approach – Tailored solutions for your unique business needs.
Commitment to Quality – Integrity, professionalism, and timely deliverables.
End-to-End Support – Complete services under one trusted roof.
Long-Term Value – Informed decisions for sustainable business growth.

Common Questions

Frequently Asked Questions

Everything you need to know about our services. Can't find your answer? Ask us directly.

What services does S Bhaskar & Associates offer?

We offer comprehensive CA services including Audit & Assurance, Tax Advisory & ITR Filing, GST Compliance, Corporate & Company Law, Startup Incorporation, Societies & Trust Compliance, and Virtual CFO services. All services are delivered by qualified Chartered Accountants with domain expertise.

How do I get started — what is the onboarding process?

Simply reach out via our contact form, WhatsApp, or phone call. We will schedule a discovery call to understand your requirements, provide a clear and detailed engagement scope, and assign a dedicated CA to your engagement. Most engagements are fully set up within 24–48 hours of confirmation.

Do you serve clients outside Delhi?

Yes! While our office is in New Delhi (Laxminagar), we serve clients pan-India. Most engagements are handled remotely via email, WhatsApp, and video calls. We have active clients across Mumbai, Bangalore, Pune, Hyderabad, and tier-2 cities. Remote-first delivery with zero compromise on quality.

What is the difference between the old and new income tax regime (FY 2025-26)?

The new regime (FY 2025-26) offers lower slab rates (0% up to ₹4L, 5% up to ₹8L…) with a ₹75,000 standard deduction, and a Section 87A rebate making income up to ₹12L effectively tax-free. The old regime allows deductions under 80C (₹1.5L), 80D, HRA, home loan interest, etc. Use our free income tax calculator to compare both regimes instantly.

When is the ITR due date for FY 2025-26 (AY 2026-27)?

For non-audit cases (individuals, HUFs, salaried employees) the due date is 31st July 2026. For audit cases (businesses requiring tax audit under Sec 44AB) it is 31st October 2026. Filing after the due date attracts a late fee of ₹5,000 (₹1,000 for income below ₹5L) under Section 234F plus interest under Sec 234A.

What is GST and when is registration mandatory?

GST (Goods & Services Tax) is India's unified indirect tax. Registration is mandatory if your aggregate turnover exceeds ₹40 lakhs for goods or ₹20 lakhs for services (₹10L in special category states). E-commerce sellers, inter-state suppliers, and businesses with reverse-charge liability must register regardless of turnover.

Why choose S Bhaskar & Associates over other CA firms?

We combine the rigour of a large CA practice with the personal attention of a boutique firm. Every engagement is handled directly by a qualified Chartered Accountant — no juniors, no outsourcing. Our proactive approach means we alert you to compliance deadlines and tax-saving opportunities before you even ask. Most importantly, we measure our success by the outcomes we deliver for you, not just the work we do.

Can you help with startup registration — company incorporation, Startup India, MSME?

Absolutely. We handle end-to-end startup advisory including Private Limited & LLP incorporation, DPIIT Startup India recognition, Udyam (MSME) registration, shareholders' agreements, and initial ROC compliance. We also assist with FSSAI, Trademark, Import Export Code, and other business registrations.

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