Punit Jain

Practicing Chartered Accountant

[Jacob Coxon @hilbertspaess]

I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.

[Punit Jain @punit31_tweet]

Ordinary citizens in India are harassed and chased even for dues as small as ₹1 lakh.

Yet, against claims of over ₹22,000 crore, lenders are reportedly taking a 99.97% haircut.

The contrast is shocking.

What a shame. What a system. What a sad reality.

#IBC #loans #bankrupt

[Punit Jain @punit31_tweet]

#FASTDS2026 #IncomeTax #TaxUpdate #TaxIndia #ForeignAssets #TaxCompliance #CA #CharteredAccountant #CAIndia #Finance #Tax #India

[Income Tax India @IncomeTaxIndia]

Central Board of Direct Taxes (CBDT) has notified the Foreign Assets of Small Taxpayers-Disclosure Scheme (FAST-DS) Rules, 2026.

As part of its continued efforts to enhance taxpayer awareness and facilitate a better understanding of The Foreign Assets of Small Taxpayers Disclosure Scheme & Rules, 2026 CBDT has issued a comprehensive FAQ document on the scheme and rules.

The FAQs provide clear and concise explanations of the for the benefit of taxpayers and other stakeholders.

The FAQ document can be accessed here:

https://t.co/3MGJFhfizi

[Punit Jain @punit31_tweet]

Happy Independence Day🇮🇳🫡

[CA Akhil Pachori @akhilpachori]

1st August 2026

Client: Sir, I missed the filing of my ITR as due date was 31-July-2026, will I face penalty

Section 44AD/44ADA:

#incometax

[Income Tax Parody @IncomeTaxParody]

Damage done to all CAs

[Punit Jain @punit31_tweet]

@cadeepakgupta_ [email protected]

[Punit Jain @punit31_tweet]

@investorniti 4/4🎉

[CA. Dhairya Keshri @Dhairya__tweets]

Dear Clients,
Paying taxes doesn't automatically include paying your CA.
The Government and I maintain separate bank accounts.

[Punit Jain @punit31_tweet]

@renabaddie_ 3

[Punit Jain @punit31_tweet]

@rhoeshan @MCA21India @rhoeshan You can register as Manager/Secretary/AR under business user using PAN and Associate DSC and later on change the Role as Director after DIN allotment. I hope this works, recently did you LLP Incorporation

[Narendra Modi @narendramodi]

Greetings on Chartered Accountants' Day to the entire CA fraternity. They have long been trusted partners in India's economic journey. Through their commitment to transparency and professional excellence, they strengthen our financial systems, support businesses, encourage entrepreneurship and inspire confidence among investors. Their expertise contributes significantly to economic growth and nation-building. As we move towards becoming a Viksit Bharat, their efforts help create an environment where enterprise can flourish and opportunities can expand for all.

[Punit Jain @punit31_tweet]

@onlyskypace -10

[Punit Jain @punit31_tweet]

@SqSehrish 5

[Punit Jain @punit31_tweet]

@_Aria_2210 20

[Punit Jain @punit31_tweet]

@onlyskypace 6

[Punit Jain @punit31_tweet]

@hicasamadim 40

[Punit Jain @punit31_tweet]

@EleyaA8 64

[Punit Jain @punit31_tweet]

@Million5d 100

[Punit Jain @punit31_tweet]

@Mimiiben1 1