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National Time Release Study 2025: Key Highlights

June 22, 2025 1959 Views 0 comment Print

Finance Minister releases 5th National Time Release Study. ART declines at ports; TRS expands to new locations with advanced methodologies.

IICA Opens Internship Applications for Media and Communications

June 22, 2025 663 Views 0 comment Print

Apply for internships at IICA in Corporate Communications. Open to media, journalism, and PR students. Flexible duration, stipend offered. Details inside.

FM outlines measures to enhance GST registration, grievance redressal

June 22, 2025 711 Views 0 comment Print

Finance Minister outlines measures to enhance GST registration, grievance redressal, Customs efficiency, and trade facilitation at CBIC Conclave in New Delhi.

Growth in Reporting Foreign Assets: CBDT’s Systematic Approach

June 22, 2025 396 Views 0 comment Print

India sees a 45% rise in foreign asset reporting for AY 2024-25. CBDT’s initiatives under AEOI ensure compliance with foreign income declarations.

Tax Deadlines and Penalties for Senior Citizens in FY 2024-25 (AY 2025-26)

June 20, 2025 20673 Views 1 comment Print

Discover complete tax guide for senior citizens (aged 60 and above) for FY 2024-25, covering due dates, exemptions, penalties & CBDT notifications

Import Policy for Precious Metal Compounds Amended

June 17, 2025 1308 Views 0 comment Print

DGFT revises import policy for compounds of gold, silver, and other precious metals under CTH 2843 from Free to Restricted, effective immediately.

Transition to MCA21 V3: Filing of e-Form CSR-2 – MCA Guidelines

June 16, 2025 3819 Views 0 comment Print

MCA announces CSR-2 e-Form filing on V3 portal post MCA21 V2 decommissioning. Filing open from 14th July to 15th August 2025. Details inside.

Filing of SPL-01/ SPL-02 where payment made through GSTR 3B & other cases

June 12, 2025 8706 Views 0 comment Print

Taxpayers face auto-population issues in GST amnesty Forms SPL-01/02 for demand orders and pre-deposits. File applications and attach payment proof for verification.

Understanding HSN Code Reporting in GSTR-1: Clarifications by CBIC

June 10, 2025 33366 Views 2 comments Print

Recent communications from GSTN and CBIC have shed light on important aspects of HSN (Harmonized System of Nomenclature) code reporting in Table 12 of GSTR-1, particularly concerning B2B (Business-to-Business) and B2C (Business-to-Consumer) supplies. These clarifications aim to guide taxpayers on mandatory fields, optional declarations, and system validations. GSTN’s Stance on Table 12 Validations Infosys_GSTN, through […]

CBDT Extends AY 2023-24 ITR Processing Deadline to 30.11.2025

June 9, 2025 14004 Views 0 comment Print

CBDT extends deadline for processing AY 2023-24 ITRs filed under Section 139 to 30th November 2025. Excludes scrutiny cases and unprocessed returns due to taxpayer reasons.

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