Income Tax : The Updated Income Tax Return (ITR-U) is a recent provision introduced under Section 139(8A) of the Income Tax Act, 1961. This pro...
Goods and Services Tax : बजट 2025 में जीएसटी अधिनियम में ट्रैक एंड ट्रेस मैके...
Goods and Services Tax : The 2025 Finance Bill amends Section 34(2) of the CGST Act, requiring ITC reversal for credit note claims, increasing compliance f...
Income Tax : Compare tax on ₹12 lakh income in FY 2024-25 and FY 2025-26. See new tax slabs, rebates, and savings introduced in Budget 2025 f...
Income Tax : Budget 2025 introduces new income tax amendments, including changes in tax slabs, TDS limits, and rebates under sections 115BAC an...
Income Tax : Explore the Finance Bill 2025 highlights, including revised tax rates, TDS/TCS amendments, ULIP taxation, and updated rules for sa...
Income Tax : Income-Tax Bill 2025 simplifies tax laws by reducing sections, chapters, and words while ensuring no policy or tax rate changes. K...
Income Tax : Explore the section mapping of the New Income-Tax Bill 2025, comparing provisions with the Income-Tax Act, 1961. See key changes, ...
Finance : ICSI acknowledges Budget 2025’s focus on economic growth, regulatory reforms, and entrepreneurship, emphasizing its role in shap...
Custom Duty : This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Dut...
Goods and Services Tax : The Union Budget 2025-26 introduces customs reforms to boost trade and domestic manufacturing. January GST collections hit ₹1.95...
Excise Duty : Govt extends provisions under Excise Notification 11/2017 from 2025 to 2026. Changes take effect on February 2, 2025....
Custom Duty : CBIC amends Customs IGCR Rules, 2022 to extend reporting timelines from monthly to quarterly and revise submission deadlines....
Custom Duty : Govt amends Customs Notification 153/94, updating classifications under chapters 86, 88, and 89. Changes effective from February 2...
Custom Duty : Govt modifies Customs Notification 19/2019, updating classifications for ammunition imports. Changes effective from February 2, 20...
Detailed summary of Notification No. 05/2025-Customs outlining amendments to BCD rates on various goods, including fish products, medicines, and industrial materials.
Notification 04/2025-Customs exempts import duty on specified goods as part of tariff rationalization, effective February 2, 2025. Read details on exempted items here.
Govt amends Notification No. 27/2011-Customs, effective 2nd Feb 2025, to reduce export duty on crust leather. Check details on updated duty rates and categories.
BILL No. 14 OF 2025 THE FINANCE BILL, 2025 (AS INTRODUCED IN LOK SABHA) THE FINANCE BILL, 2025 ARRANGEMENT OF CLAUSES ______ AS INTRODUCED IN LOK SABHA ON 1ST FEBRUARY, 2025 Bill No. 14 of 2025 THE FINANCE BILL, 2025 A BILL to give effect to the financial proposals of the Central Government for the […]
MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2025 FINANCE BILL, 2025 PROVISIONS RELATING TO DIRECT TAXES Introduction The provisions of Finance Bill, 2025 (hereafter referred to as “the Bill”), relating to direct taxes seek to amend the Income-tax Act, 1961 (hereafter referred to as ‘the Act’), to continue reforms in direct tax system through […]
Budget 2025 offers tax relief for the middle class and focuses on infrastructure and manufacturing, but faces challenges in corporate taxes and capital expenditure allocation.
Explore simplified summary of 10 important changes in Union Budget 2025 concerning direct taxes. Understand new income tax rates, MSME criteria, TDS thresholds, and more.
Finance Bill 2025 introduces changes to Customs & Excise, impacting duties, exemptions, and GST provisions effective from 2nd February and May 2025.
Summary of SEBI and Customs Notifications for February 2025 including amendments to duties, exemptions, and changes to specific tariff items and rules.
Get the details of the Budget 2025-2026: Speech of Nirmala Sitharaman, Minister of Finance. Discover the government’s efforts to accelerate growth and secure inclusive development.
