Finance Bill 2025 introduces changes to Customs & Excise, impacting duties, exemptions, and GST provisions effective from 2nd February and May 2025.
Union Budget 2025-26 introduces tax relief with no income tax up to Rs. 12 lakh, benefiting middle-class taxpayers and boosting consumption.
Budget 2025-26 introduces GST amendments to streamline trade facilitation, including changes in input tax credit distribution, track and trace mechanisms, and penalties.
Key takeaways from Union Budget 2025-26: Agriculture, MSMEs, investments, reforms, tax updates, and focus on infrastructure and innovation.
Bombay HC quashes Ugar Sugar Works reassessment order, remanding the case for fresh consideration, ensuring objections are properly addressed.
Andhra Pradesh High Court rules on GST penalties, emphasizing willful suppression of facts under Section 74 of the CGST Act in Sriba Nirman Company case.
In GST, the importance of reconciliation has increased multi-fold due to the compliance process that law brings in along with its legal provisions. The compliance process in GST generally requires filing of multiple returns by the taxpayer.
Explore corporate tax reforms expected in Union Budget 2025-26, including CSR deductions, TDS rationalization, MSME payment rules, and start-up incentives.
ICAI announces the Draft Bank Branch Auditors’ Panel (MEF) 2024-25 for review. Applicants can check details and raise queries until February 5, 2025.
Book Identification Number (BIN) is a unique ID for tracking TDS/TCS payments by government offices, generated when filing Form 24G for challan-free deposits.
