New FAQ on GST Rate changes from 22.09.2025 released on 16 September
The GST Council, in its 56th meeting held on 3rd September 2025, along with subsequent circulars and clarifications, has brought several …
tax
ITR Due Dates Extended
The Government has officially extended the due dates for filing of Income Tax Returns (ITR) for AY 2025-26 📌 New Due …
ITR Date Extension News
As the ITR filing deadline for AY 2025-26 approaches, many taxpayers are hopeful that the Government will extend the due date once …
GST Clarification on Post-Sale Discounts (Circular No. 251/08/2025)
On 12th September 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 251/08/2025-GST to address long-standing doubts on the GST …
Compensation Cess Removal Explained क्या मिलेगा फायदा? Cess हट गया, पर पुराना Stock और Credit का क्या होगा?
Background — Why Compensation Cess Was Introduced When GST was implemented in 2017, states were worried about revenue losses. To …
GST Advisory: 3 Years GST Return rules new effective date announced
The Goods and Services Tax Network (GSTN) has issued an important advisory dated 9th September 2025, reminding taxpayers about the 3-year time …
📢 Ministry give Permission to Revise MRP on Unsold Stock due to GST Rate Change
The Ministry of Consumer Affairs, Food and Public Distribution has allowed manufacturers, packers, and importers of pre-packaged commodities to revise the retail sale …
GST 2.0: CBIC clarifies social media claims about transition benefits under revised GST rules
The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral message circulating on social media that …
ITR and Audit Date Extension update!
Earlier this year, the Government extended the ITR filing due date for non-audit taxpayers from 31st July to 15th September 2025. …
GST 2.0: Restaurants, hotels get tax break, but no input tax credit could hurt
However, industry executives and analysts say the overall effect could be limited as the GST Council did not extend input …
