Exclusive: MCA plans to exempt firms up to Rs 1 crore turnover from statutory audit
The Ministry of Corporate Affairs (MCA) is likely to exempt companies with annual turnover of up to Rs 1 crore …
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Supreme Court caps TDS on foreign remittances at 10%, says Income Tax Act cannot override DTAA
New Delhi: The Supreme Court on Tuesday clarified that tax deduction at source on remittances to non-resident entities cannot exceed …
Employees Must Know This! New Labour Codes 2025, 4 New Labour Codes Implemented
On 21 November 2025, the Ministry of Labour & Employment announced the long-awaited implementation of all four Labour Codes — a transformative consolidation …
GSTN to Block GSTIN for this Non-Compliance
The GST Network (GSTN) has issued a fresh advisory dated 20 November 2025 regarding mandatory submission of bank account details under Rule 10A …
New ITR Forms to Be Notified by January 2026
The Income Tax Department has announced that the new Income Tax Return (ITR) forms and rules will be notified by January …
Why Banks Deduct TDS on Cash Withdrawals – Know the Rules
Section 194N was introduced to discourage high-value cash transactions and promote a transparent, digital economy. This section mandates TDS on cash …
GST on GTA Services & Reverse Charge Mechanism (RCM)
(Updated with GTA GST Rate Change w.e.f. 22.09.2025)** Meaning of GTA A Goods Transport Agency (GTA) is a person who transports goods …
How to file GSTR-9 (GST Annual Return) FY 2024-25 – A Complete Guide by CA Guruji
GSTR-9 is the most important annual compliance under the Goods and Services Tax (GST) law. It provides a complete summary …
Now get faster tax refunds and easier ITR corrections: New CBDT rules explained
The Central Board of Direct Taxes (CBDT), issued a notification on October 27, 2025, empowering the Commissioner of Income Tax …
CBDT empowers CPC Bengaluru to expedite tax rectifications and refunds
Bengaluru, In a move that can improve the speed and accuracy of income-tax processing, the Central Board of Direct Taxes …
