Prabhakar Kumar

India’s AI Personal CFO 🇮🇳
Built by a Chartered Accountant
Taxes • Investing • Financial Planning • ITR
Making finance simpler for Indians.

[Prabhakar Kumar @vittsphere]

The refund clock starts at e-verification.
Full checklist + fixes:
https://t.co/imqirTMWWl

#ITR #TaxRefund #IncomeTaxIndia

[Prabhakar Kumar @vittsphere]

ITR refund still not received?

Don’t check only the refund amount. Check where the return is stuck.
8 common gates:
• e-verification
• bank pre-validation
• IFSC
• bank/PAN name match
• PAN status
• old demand
• TDS/AIS mismatch
• Refund Failed

[Prabhakar Kumar @vittsphere]

For eligible startups, the perquisite-tax payment may be deferred subject to the applicable conditions.

Foreign shares can also bring Schedule FA, INR conversion and foreign-tax-credit considerations.

Full guide: https://t.co/tRU8O1ZyRO

#ESOP #RSU #TaxPlanning

[Prabhakar Kumar @vittsphere]

Got ESOPs or RSUs?

Think about tax in two stages:
1/ Exercise/vesting → perquisite tax
2/ Sale → capital gains

[Prabhakar Kumar @vittsphere]

Read the full checklist: https://t.co/K5vBPT9GdP
#ITRFiling #IncomeTax

[Prabhakar Kumar @vittsphere]

First ITR in 2027? Don't wait until July.

Start now:
✓ Check PAN-Aadhaar
✓ Save every payslip
✓ Track income beyond salary
✓ Review AIS/TIS + TDS
✓ Pre-validate your refund account
Your first ITR starts before the portal does.

[Prabhakar Kumar @vittsphere]

Full breakdown with current thresholds:
Read the full article - https://t.co/kHzrKNubxr

[Prabhakar Kumar @vittsphere]

If services to foreign clients qualify as exports under GST, they are zero-rated. An eligible exporter can use an LUT to supply without payment of IGST upfront, subject to the export conditions.

[Prabhakar Kumar @vittsphere]

The key question for businesses: how much of your UPI collection will actually be affected? Full breakdown: https://t.co/hcRnC93uSK

#UPI #MDR #DigitalPayments

[Prabhakar Kumar @vittsphere]

UPI is changing from 15 Oct 2026.
• Above ₹2,000 → 0.4% MDR on specified merchant transactions
• ₹75,000+ → MDR capped at ₹300
• P2P UPI → Free
• Eligible small merchants up to ₹1 lakh/month → Zero MDR
Customers do not directly pay the MDR.

[Prabhakar Kumar @vittsphere]

Full checklist:
Read the full article- https://t.co/9wMh1mIxCS

[Prabhakar Kumar @vittsphere]

Value Research's own data: Indian companies with high promoter pledges returned 4.55% annually over 16 years, against 12.31% for the Nifty 500 over the same period.