Budget 2025 has introduced significant changes in the new tax regime, making rental income more tax-efficient than ever. With the increased tax-free limit of…

The GST Council will soon take a decision on having fewer and lower rates as the review work is almost…

Clarification on E-Way Bill Requirement for Goods under Chapter 71 Rule 138(14) of the Central Goods and Services Tax (CGST)…

Nirmala Sitharaman, in her Budget speech, said there would be “no income tax payable till income of ₹12 lakh.” The announcement…

The government’s proposal to amend the Finance Bill 2025 with respect to input tax credit (ITC) on construction expenses for…

India’s Goods and Services Tax (GST) Revenue for January 2025 stood at Rs. 1,95,506 crores, marking a 12.3% increase from…

  GST Circular No. 46/03/2025-GST, Dated 30 January 2025 Clarification on Applicability of Late Fee for Delay in Furnishing FORM…

Effective from April 1, 2025 📜 Notification No. 05/2025-Central Tax (Rate) & 08/2025-Central Tax (Rate) dated January 16, 2025 Key Changes and Impact Omission…

Goods and Services Tax (GST) will not be applicable on penal charges levied by banks and non-banking finance companies (NBFCs),…