Effective from April 1, 2025 📜 Notification No. 05/2025-Central Tax (Rate) & 08/2025-Central Tax (Rate) dated January 16, 2025 Key …
Recently, many taxpayers have received SMS notifications from the Income Tax Department regarding deductions claimed under Section 80GGC. This article …
The Reverse Charge Mechanism (RCM) under GST requires the recipient of specified services to pay tax instead of the supplier. …
The Central Board of Direct Taxes (CBDT) has issued an updated TDS rate chart for the Assessment Year 2025-26, bringing …
Date: January 16, 2025Issued By: Ministry of Finance, Department of RevenueEffective Date: Immediate The Central Board of Indirect Taxes and …
The Income Tax Department while acknowledging Indian society’s affinity with cash transactions warned that the Income Tax Act, 1961 discourages …
A credit note is a crucial document under GST that allows suppliers to rectify specific discrepancies in the original tax …
The Permanent Account Number (PAN) has long been a cornerstone of India’s financial and administrative systems, connecting individuals and businesses …
GSTR-9, GST annual Return form for FY 2023-24 is now available on GST portal for filing and its last date …
1. What is a Defective Return?A return may be treated as defective on account of incomplete or inconsistent information in …
