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 …
tax updates
‘No income tax up to ₹12 lakh’: Middle class erupts in joy at Nirmala Sitharaman’s Budget bonanza
‘No income tax up to ₹12 lakh’: Nirmala Sitharaman’s Budget speech is being seen as a “big relief” for middle-class …
Finance Bill 2025
Link to Download Finance Bill 2025 Link to Download Memorandum Explaining the Provisions in the Financial Bill Link to Download …
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 …
No GST on penal charges levied by banks: CBIC
Goods and Services Tax (GST) will not be applicable on penal charges levied by banks and non-banking finance companies (NBFCs), …
20 GST Compliance to do from Feb 2025 for New FY 2025-26: New features on GST Portal
As the financial year 2025-26 approaches, it’s essential for businesses to ensure compliance with Goods and Services Tax (GST) regulations. …
Important TDS Updates: TRACES Maintenance & New Form-16 Utility Release
Temporary Downtime of TRACES Website The TDS Reconciliation Analysis and Correction Enabling System (TRACES) website will undergo planned technical upgradation …
Budget 2025 expectations LIVE updates: Tax reforms, industry incentives and more
Budget 2025 expectations LIVE updates: Experts said the following: “1. Higher tax exemption limits under Section 80C: The current limit …
