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Archive: 30 July 2025

Posts in 30 July 2025

Life isn’t war, nor trip to Mount Everest: Importance of Personal Time & Hobbies

July 30, 2025 810 Views 3 comments Print

After feeling overwhelmed by her career path, Vaishnavi Dixit took a 75-day break. She shares a valuable lesson on avoiding burnout and the importance of prioritizing personal time and hobbies to find fulfillment.

Accounting of Loss of Asset Covered by Insurance: AS & Tax Treatment

July 30, 2025 5487 Views 0 comment Print

Learn the accounting and tax treatment for insured asset loss and claims under Indian accounting standards. This guide covers journal entries, tax implications, and disclosures.

Tax rates for Corporates: Old & New Regime – FY 2024-2025 [AY 2025-2026]

July 30, 2025 9297 Views 0 comment Print

Compare tax rates for domestic and foreign companies under India’s new and old tax regimes. Learn about Sections 115BAA and 115BAB for manufacturing and non-manufacturing firms.

Tax Rates for Co-operative Societies: Old vs New Regime FY 2024-2025 (AY 2025–26)

July 30, 2025 3591 Views 0 comment Print

Understand the tax rates for cooperative societies under India’s old and new tax regimes. Learn about Sections 115BAD and 115BAE, deductions, and eligibility criteria.

Recent Amendments to FCRA, 2010 and Rules, 2011

July 30, 2025 1728 Views 0 comment Print

Recent FCRA amendments and clarifications alter rules for foreign contribution. This article highlights new changes to reporting, administrative expenses, and bank accounts.

Statutory Deadline Interpreted Flexibly: Pune ITAT Sets Aside Technical Rejection of 80G Application

July 30, 2025 816 Views 0 comment Print

Pune ITAT restores Action For Impact Foundation’s 80G application, setting aside CIT’s rejection on delay grounds. Matter to be reconsidered on merits.

लग्जरी घर बना मध्यम वर्ग की जरूरत और वित्तीय परेशानी का सबब

July 30, 2025 837 Views 1 comment Print

भारतीय मध्यम वर्ग में आलीशान घरों की माँग बढ़ती जा रही है, क्योंकि उच्च करों और सीमित सरकारी सहायता के कारण उन्हें वित्तीय तनाव का सामना करना पड़ रहा है, जिससे कर नीति में सुधार की माँग बढ़ रही है।

SC Upholds GST Exemption on license fees collected by Electricity Regulatory Commissions

July 30, 2025 1338 Views 0 comment Print

The Supreme Court of India upholds a Delhi High Court decision, confirming that GST is not leviable on license fees collected by Electricity Regulatory Commissions.

SCN invalid for non-filing of returns after cancellation of GST registration

July 30, 2025 858 Views 0 comment Print

Delhi High Court rules a show cause notice for non-filing of GST returns is not valid after registration is cancelled, aligning with the date of business closure.

Madras HC Urges Action on Media Profiting from Slander Against Judiciary

July 30, 2025 510 Views 0 comment Print

The Madras High Court calls for action against media channels and individuals who launch slanderous campaigns against the judiciary, warning of the danger to democracy.

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