Sponsored
    Follow Us:

Budget

Latest Articles


Key Direct Tax amendments to Finance Act, 2025

Income Tax : Overview of Finance Act 2025 changes: capital assets, fund manager relocation, search case assessments, and more. ...

April 7, 2025 2712 Views 0 comment Print

Requirement of TDS on Rent by an Individual under Section 194-IB

Income Tax : Understand TDS on rent for individuals: thresholds, rates, and compliance procedures as per Section 194-IB....

April 7, 2025 2274 Views 0 comment Print

Service Tax Amendment In Finance Act, 2025

Service Tax : Finance Act, 2025 exempts service tax on reinsurance under crop insurance schemes for 2011-2017. Refund claims must be filed withi...

April 2, 2025 516 Views 0 comment Print

Budget 2025 Impact on Real Estate and further analysis

Income Tax : Budget 2025 introduces tax reliefs, higher TDS thresholds, and urban housing reforms, impacting real estate growth while raising c...

March 26, 2025 1008 Views 0 comment Print

Analysis of Amendment to Section 34(2) of CGST Act, 2017 in Finance Bill, 2025

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...

February 23, 2025 21882 Views 2 comments Print


Latest News


Exemption From Income Tax on Annual Income Up To ₹12 Lakh

Income Tax : The Finance Bill 2025 proposes tax exemption on income up to ₹12 lakh, revised tax slabs, and a ₹75,000 standard deduction for...

April 3, 2025 2394 Views 1 comment Print

Key Highlights of Finance Bill 2025: Income Tax Changes

Income Tax : Explore the Finance Bill 2025 highlights, including revised tax rates, TDS/TCS amendments, ULIP taxation, and updated rules for sa...

February 19, 2025 13872 Views 0 comment Print

Income Tax Bill 2025: Executive Summary on Income Tax Act Simplification

Income Tax : Income-Tax Bill 2025 simplifies tax laws by reducing sections, chapters, and words while ensuring no policy or tax rate changes. K...

February 13, 2025 3372 Views 0 comment Print

New Income-Tax Bill 2025: Section Mapping & Updates

Income Tax : Explore the section mapping of the New Income-Tax Bill 2025, comparing provisions with the Income-Tax Act, 1961. See key changes, ...

February 13, 2025 3882 Views 0 comment Print

ICSI appreciates Budget 2025

Finance : ICSI acknowledges Budget 2025’s focus on economic growth, regulatory reforms, and entrepreneurship, emphasizing its role in shap...

February 2, 2025 381 Views 0 comment Print


Latest Judiciary


Key GST Amendments in Finance Bill 2024

Goods and Services Tax : Discover the key amendments in the Finance (No. 2) Bill, 2024, affecting CGST, IGST, UTGST, and Cess Act, including tax exemptions...

July 26, 2024 4932 Views 1 comment Print

Plea in Madras HC on Penalty on CAs for Filing Wrong Information- Section 271J

Income Tax : A petition has been filed in the Madras High Court challenging the section 271J of the Income Tax Act inserted vide Finance Act 2...

May 9, 2017 5067 Views 2 comments Print

In all cases where additional evidence is admitted, the CIT (A) should be considered to have exercised his powers u/s 250(4) is not acceptable

Income Tax : U/s 250(4), the CIT (A) has the power to direct enquiry and call for evidence from the assessee. Under Rule 46A, the assessee has ...

March 18, 2012 2405 Views 0 comment Print


Latest Notifications


Union Budget 2025-26: Customs Reforms & GST Surge

Goods and Services Tax : The Union Budget 2025-26 introduces customs reforms to boost trade and domestic manufacturing. January GST collections hit ₹1.95...

February 3, 2025 876 Views 0 comment Print

CBIC Extends Date for Additional Duty on Unblended Diesel

Excise Duty : Govt extends provisions under Excise Notification 11/2017 from 2025 to 2026. Changes take effect on February 2, 2025....

February 1, 2025 675 Views 0 comment Print

Customs Notification 07/2025: Quarterly Reporting Rules

Custom Duty : CBIC amends Customs IGCR Rules, 2022 to extend reporting timelines from monthly to quarterly and revise submission deadlines....

February 1, 2025 1251 Views 0 comment Print

Customs Notification 13/2025: Amendment to Import Rules

Custom Duty : Govt amends Customs Notification 153/94, updating classifications under chapters 86, 88, and 89. Changes effective from February 2...

February 1, 2025 897 Views 0 comment Print

Customs Notification 12/2025: Ammunition Import Amendment

Custom Duty : Govt modifies Customs Notification 19/2019, updating classifications for ammunition imports. Changes effective from February 2, 20...

February 1, 2025 627 Views 0 comment Print


Section 87A rebate applicable for Capital Gains Post-Budget 2025

February 4, 2025 18573 Views 1 comment Print

Understanding the applicability of Section 87A rebate for capital gains under both the old and new tax regimes post-Budget 2025.

Budget 2025: 10-Year Registration for Small Trusts

February 4, 2025 3438 Views 0 comment Print

Budget 2025 proposes a 10-year registration for small charitable trusts with income under ₹5 crores, aiming to reduce compliance but excludes new trusts and Section 80G approvals.

Budget 2025 Highlights: Tax, GST & MSME Changes Explained

February 4, 2025 3948 Views 0 comment Print

Explore key Budget 2025 changes in income tax, GST, and MSMEs, including new tax slabs, TDS changes, and more.

Why the ₹12 Lakh Income Exemption Worried Some Taxpayers?

February 4, 2025 2961 Views 3 comments Print

Learn how the Marginal Relief provision in the Union Budget 2025 helps taxpayers avoid high tax payments for small income increases.

Union Budget 2025-26: Direct & Indirect Tax Highlights

February 4, 2025 2349 Views 0 comment Print

Key highlights of Union Budget 2025-26 on GST, customs, and tax reforms, including input tax credit changes, customs duty reductions, and trade facilitation measures.

Budget 2025: Transfer Pricing Amendments

February 4, 2025 1515 Views 0 comment Print

Learn about the amendments to Section 92CA concerning references to the Transfer Pricing Officer for determining arm’s length pricing in international and domestic transactions.

Googly in the form of Budget 2025-26 I Revenue Vs Expenditure Imbalance

February 4, 2025 2844 Views 1 comment Print

Explore the impact of tax exemptions in Budget 2025-26 and the potential consequences for revenue and economic growth.

Budget 2025: Key Updates on Income Tax Slabs & Deductions

February 4, 2025 45351 Views 6 comments Print

Budget 2025 introduces new income tax slabs, deductions, and extensions, including updates on TDS, rebates, and presumptive schemes for NRIs.

Finance Bill, 2025: Highlights of Direct Taxes & GST Proposals

February 4, 2025 15090 Views 0 comment Print

Budget 2025 includes changes in direct taxes, GST amendments, and tax compliance measures, focusing on simplified taxation and improved ease of business.

Compilation of General Direct Tax Provisions of Finance Bill, 2025

February 3, 2025 3087 Views 0 comment Print

Finance Bill 2025 introduces changes in direct tax provisions, including revised tax slabs, exemptions, and TDS thresholds. Effective from April 2025.

Sponsored
Sponsored
Search Post by Date
May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031