Why Finosutra exists
Applying IND AS 116 (Leases), IND AS 109 (Financial Instruments) or the current income tax and GST rules usually means rebuilding the same Excel workings every year, and hoping the formulas are right. Most software is built for other countries and then adapted for India, so the Indian standards, rates and disclosures end up as an afterthought.
We build the opposite: tools designed around IND AS, the Companies Act, GST and the Income-tax Act from the start, with the workings visible so a CA, CFO or auditor can follow every number.
What you will find here
- IND AS tools — a Lease Workspace and calculators for standard leases, lease modifications and escalating rent, plus security deposit accounting, ECL provision matrix and a financial statement generator.
- Tax calculators — income tax, capital gains, advance tax, HRA, GST and GST interest and late fee.
- Guides — more than 50 articles in our blog covering individual Ind AS standards with worked examples and journal entries, plus tax topics.
- Templates — ready-to-use Excel templates for leases, security deposits and trial balances.
How we approach content
- Standards first. Guides are written from the text of the relevant Ind AS or statute, with a worked example so the reasoning is clear, not just the conclusion.
- Show the working. Calculators display schedules and journal entries rather than a single answer, so you can check and defend them.
- Keep it current. Tax rates and thresholds change every Budget. We review and correct calculators when rules change or when a user reports a problem.
Free and paid
Reading the guides and using the calculators is free. Some features, such as saving lease portfolios and exporting audit-ready Excel workings, are part of a paid Pro plan, which helps fund development. The site may also show Google advertising to non-Pro visitors. See our Privacy Policy for details of the cookies involved.
Get in touch
Questions, corrections, partnership ideas or feature requests are welcome. Visit our contact page or write to hello@finosutra.com.