Cap gains of NRIs on mutual fund units can’t be taxed in India: ITAT
In a major relief for a Non-Resident Indian (NRI) investor, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) …
Pooja Gupta
GST officials step up drive to register more traders under tax regime
As part of the Union Finance Ministry’s outreach to increase the country’s tax base, the field formations of the Central …
Old tax regime vs new tax regime with revised slabs: What to choose in 2025-26?
The new income tax regime will feature the revamped tax slabs from April 1, 2025 onwards, with individuals not requiring …
GSTR-3B Locking enabled from April 2025
Date: April 11, 2025Issued by: GST Network (GSTN)Subject: Changes in Reporting Inter-State Supplies in Table 3.2 of GSTR-3B To streamline compliance and improve …
Table-12 of GSTR-1: New Changes Effective April 2025
Date: April 11, 2025Issued by: GST Network (GSTN)Subject: Implementation of Phase-III Changes in Table-12 of GSTR-1 & GSTR-1A The Goods and Services Tax …
Extended Deadline for Direct Tax Vivad se Vishwas Scheme, 2024
As per Gazette Notification dated April 8, 2025 New Delhi: The Ministry of Finance (Department of Revenue) has extended the deadline …
New ITR Form Introduced ITR-B
In a significant move aimed at strengthening tax compliance and streamlining assessments related to undisclosed income, the Income Tax Department …
Sirsa barber receives ₹37 crore income tax notice
Talking to media persons in Sirsa, Rakesh Kumar said that he has been running a barber shop near the Dera …
MSME makeover: New definitions unlock bigger benefits, faster resolutions
The union government, in a notification dated 21 March, amended the definitions of micro, small, and medium enterprises, raising limits …
Income Tax and GST Compliance Calendar – April 2025
Timely compliance with tax deadlines is essential for individuals, businesses, and professionals to avoid interest, penalties, and legal issues. April …
