COST RECONCILIATION ALIGNING COST RECORDS WITH FINANCIAL STATEMENTS CRA COMPLIANCE
Posted on 24 Aug 2025, 10:34 PM
Cost reconciliation is a crucial compliance step that aligns your cost records with financial statements, helping companies avoid CRA objections during cost audits. This blog explains the step-by-step reconciliation process, the standard format of a cost reconciliation statement, and best practices to ensure smooth CRA compliance. It also highlights the penalties and consequences of non-reconciliation, including objections from cost auditors, delays in CRA-3 & CRA-4 filings, and fines under the Companies Act, 2013. With expert guidance from SSCOIndia, businesses can simplify reconciliation, maintain proper documentation, and stay audit-ready with end-to-end compliance for CRA-1 to CRA-4 filings. If you want to ensure seamless cost reconciliation and avoid compliance risks, trust SSCOIndia for professional cost audit services tailored for manufacturing and service companies.
Introduction: Cost Reconciliation: Aligning Cost Records with Financial Statements to Avoid CRA Obje... Read More
ITR FILING FOR NRI SHAREHOLDERS INDIAN COMPANIES
Posted on 24 Aug 2025, 09:50 PM
Non-Resident Indians (NRIs) earning dividends or capital gains from Indian companies must file their ITR in India to stay compliant and avoid penalties. This blog explains the documents required, step-by-step ITR filing process, common mistakes NRIs make, penalties for non-compliance, and how SSCOIndia’s expert team ensures smooth and hassle-free NRI ITR filing.
Introduction:ITR Filing for NRI Shareholders in Indian Companies [2025 Guide] For Non-Resident Indi... Read More
FILE ITR WITHOUT FORM 16 2025
Posted on 20 Aug 2025, 11:50 PM
Many salaried employees don’t receive Form 16 due to job change, employer delay, or non-compliance. But you can still file your income tax return in 2025 using Form 26AS, AIS, salary slips, and bank statements. This blog explains common challenges, step-by-step filing process, and how SSCOIndia’s experts simplify ITR filing without Form 16 for employees in Delhi & PAN India.
Introduction If you are a salaried employee in India, you must already know about Form 16, a crucia... Read More
COST AUDIT MANDATORY FMCG INDIA 2025
Posted on 20 Aug 2025, 10:45 PM
This blog explains why cost audit is mandatory for FMCG companies in India as per 2025 compliance rules. It highlights turnover thresholds, CRA reporting requirements, common challenges like SKU volume and ERP integration, and provides insights on how SSCOIndia helps FMCG businesses with CRA-1 to CRA-4 compliance, audit readiness, and virtual bookkeeping solutions.
Introduction: Why Cost Audit is Mandatory for FMCG Companies in India (2025 Update) The Fast-Moving... Read More
CRA1 COST RECORDS FOREIGN COMPANIES INDIA
Posted on 04 Aug 2025, 10:59 PM
This blog provides a comprehensive guide to CRA-1 cost records compliance for foreign-funded manufacturing companies operating in India. It explains the latest 2025 applicability rules under the Companies Act, identifies key sectors like EV, pharma, FMCG, and packaging, and details what records must be maintained. The post outlines common challenges faced by global firms and highlights the role of Indian cost accountants and cloud-based compliance. Finally, it explains how SSCOIndia helps foreign businesses with CRA-1 setup, audit filing (CRA-2, CRA-3, CRA-4), and staying FDI-compliant in India. Let me know if you want this posted on your blog in HTML format or need a social post caption too.
Introduction: Why Cost Records Matter for Foreign-Backed Manufacturers in India In 2025, cost compl... Read More
REGISTER COMPANY INDIA NRI FOREIGNERS 2025
Posted on 04 Aug 2025, 09:44 PM
India’s booming startup ecosystem and relaxed FDI rules make it the perfect destination for NRIs and foreign investors in 2025. This complete guide explains how to register a company in India — including the best entity types, step-by-step incorporation process, documents required, FDI and RBI compliance, costs involved, and common mistakes to avoid. Whether you're from the USA, UAE, Europe, or China, this blog helps you launch in India with expert insight. Perfect for entrepreneurs, investors, and global business leaders.
Introduction: Why India is a Business Hotspot for NRIs and Foreign Investors in 2025 In 2025, India... Read More
FMCG COST AUDIT 2025 GUIDE
Posted on 03 Aug 2025, 10:30 PM
In 2025, cost audit has become more than just a regulatory obligation for FMCG companies—it’s a tool for strategic cost control and competitive advantage. This in-depth guide explains the applicability of cost audit under the Companies Act, top compliance requirements like CRA-1 to CRA-4 filings, and sector-specific risks FMCG firms must manage. Real-world audit gaps and best practices are discussed, along with how SSCOIndia empowers brands with end-to-end cost audit support. Ideal for finance heads, CFOs, and audit teams in India’s dynamic FMCG space.
Introduction: Cost Audit in the FMCG Sector – More Relevant Than Ever in 2025 In 2025, cost a... Read More
COST AUDIT CHECKLIST BATTERY MANUFACTURERS INDIA 2025
Posted on 03 Aug 2025, 10:04 PM
This detailed guide is tailored for battery manufacturers in India preparing for cost audit compliance in FY 2025. It outlines the Companies Act applicability, CRA-1 to CRA-4 requirements, and a practical cost audit checklist covering lithium, lead-acid, and inverter battery units. The blog also highlights common compliance gaps, sector-specific tips (like EPR and R&D costing), and how SSCOIndia offers complete audit support—from cost record preparation to MCA filings.
Cost Audit Checklist for Battery Manufacturers in India [2025 Edition] Quick Overview of Cost Audit... Read More
HOW SSCOINDIA HELPS BATTERY MANUFACTURERS COST AUDIT 2025
Posted on 03 Aug 2025, 09:43 PM
This blog provides a complete guide for battery manufacturers in India on how to stay cost audit ready in 2025. It explains the mandatory compliance requirements under the Companies (Cost Records and Audit) Rules, 2014, including CRA-1 cost records, CRA-2 auditor appointments, and CRA-3 & CRA-4 filings. Discover how SSCOIndia helps you maintain audit-ready cost records, handle multi-unit plant documentation, and avoid penalties—all with industry-specific expertise and affordable plans tailored for MSMEs. Whether you manufacture inverter batteries, EV batteries, or industrial cells, this blog ensures you stay compliant, confident, and cost-audit-ready in 2025.
How SSCOIndia Helps Battery Manufacturers Stay Cost Audit Ready in 2025 In 2025, the battery manufa... Read More
ITR FILING FRUIT WHOLESALERS MANDI TRADERS 2025
Posted on 31 Jul 2025, 01:04 AM
Fruit wholesalers and mandi traders often ignore ITR filing due to low awareness or presumed exemption. This 2025 guide explains when and how to file income tax returns for agricultural traders, including details on ITR-4 vs ITR-3, presumptive taxation under Section 44AD, required documents, GST and ITR reconciliation, and penalties for late filing. Learn how SSCOIndia helps mandi agents, fruit commission traders, and sabzi wholesalers file accurate, stress-free returns.
ITR Filing Guide for Fruit Wholesalers & Agricultural Traders [2025] India's agricultural marke... Read More