All TDS Threshold Limits changed in Budget 2025
Effective changes from 1 April 2025 as per Budget 2025 TDS provisions have various thresholds of amount of payment or …
Pooja Gupta
Late Fee on GSTR-9C: GSTN Issues Clarificatory Circular 46/03/2025
GST Circular No. 46/03/2025-GST, Dated 30 January 2025 Clarification on Applicability of Late Fee for Delay in Furnishing FORM GSTR-9C …
GST Rate Changes for Restaurant / Outdoor Catering Services Provided by Hotels from 1 April 2025 you must know and prepare for
Effective from April 1, 2025 📜 Notification No. 05/2025-Central Tax (Rate) & 08/2025-Central Tax (Rate) dated January 16, 2025 Key …
Received SMS an 80GGC? Section 80GGC Deduction Under Scrutiny – Avoid These Mistakes!
Recently, many taxpayers have received SMS notifications from the Income Tax Department regarding deductions claimed under Section 80GGC. This article …
Updated RCM List: Services Covered Under RCM (Effective from January 2025)
The Reverse Charge Mechanism (RCM) under GST requires the recipient of specified services to pay tax instead of the supplier. …
Updated TDS Rate Chart For AY 2025-26 (FY 2024-25) issued by CBDT
The Central Board of Direct Taxes (CBDT) has issued an updated TDS rate chart for the Assessment Year 2025-26, bringing …
New change in GST RCM on Rent, Notification No.07/2025 CT(R)
Date: January 16, 2025Issued By: Ministry of Finance, Department of RevenueEffective Date: Immediate The Central Board of Indirect Taxes and …
These cash transactions may attract up to 100% penalty by Income Tax Department
The Income Tax Department while acknowledging Indian society’s affinity with cash transactions warned that the Income Tax Act, 1961 discourages …
Credit Note Under GST: Changes Announced in the 55th GST Council Meeting
A credit note is a crucial document under GST that allows suppliers to rectify specific discrepancies in the original tax …
PAN 2.0: A Digital Leap in Taxpayer Services
The Permanent Account Number (PAN) has long been a cornerstone of India’s financial and administrative systems, connecting individuals and businesses …
