Understand the 2025-26 salary tax implications in India. Compare old vs. new tax regimes, tax slabs, deductions (80C, 80D, HRA), and choose the best option for your income.
A summary of the 56th GST Council Meeting’s recommendations, including changes to tax rates, simplified registration for small businesses, and new rules for credit notes.
Learn about the effects of GST 2.0 on freelancers and platform workers in 2025. This summary covers tax changes, compliance challenges, and the TCS burden on gig workers.
The 56th GST Council simplifies credit notes for post-sale discounts. Learn about the new rules, including de-linking from original invoices, and how they affect businesses.
Understand the process of receiving a GST DRC-01 notice for tax discrepancies. Learn about the relevant sections, time limits, and how to file a reply in DRC-06.
Learn if a GST rate reduction requires ITC reversal under Section 18(4) of the CGST Act. This article clarifies that ITC reversal is not needed for reduced tax rates.
The 56th GST Council meeting introduced new measures, including simplified registration for small businesses, changes to post-sale discounts, and plans for the GST Appellate Tribunal.
The 56th GST Council Meeting implemented a new three-slab tax structure, correcting inverted duties and lowering rates on essential goods. The changes impact businesses and trade.
56वीं जीएसटी परिषद ने दरों को सरल बनाया: 5% और 18% मुख्य स्लैब। आवश्यक वस्तुओं पर कर घटा, सिन गुड्स पर 40%। व्यापारियों के लिए फायदे और चुनौतियाँ।
The Finance Bill 2025 has altered Section 34(2) of the CGST Act. Learn how the new rule links credit note issuance to ITC reversal and its impact on businesses and bad debts.
