By Author | July 24, 2025Income Tax Recent News – 2025 New Incentives to Make UPS More Attractive The central government plans to introduce new tax incentives and family benefits…
GST Compensation: Centre Clears Dues for All States Except Two; New Mechanism Under Review
By Author | July 24, 2025GST Recent News – 2025 Centre Releases GST Dues for Most States The Centre has cleared all provisionally admissible GST compensation dues for states and…
High-Risk GST Registrations: Delhi GST Department Orders Timely Verification and Warns of Strict Action
By Author | July 24, 2025Delhi GST Notification and Circular | State GST Update Timely Physical Verification Now Mandatory The Delhi GST Trade and Taxes Department, through Circular No. F.IV/42/T&T/Admn./Misc./2025/8464-67…
SCN Covering Multiple Financial Years Frustrates Limitation Period in GST Law
By Author | July 24, 2025Madras High Court, GST Judgements Court Holds Consolidated SCN Invalid The Madras High Court, in R A and Co v. The Additional Commissioner of Central…
CBDT Grants Relief from Higher TDS/TCS Rates for Inoperative PANs Upon Timely Aadhaar Linkage
Overview of CBDT Circular No. 09/2025 The CBDT issued Circular No. 09/2025 on July 21, 2025, to help deductors and collectors facing demands for short deduction or collection of TDS/TCS…
Interim Relief on Retrospective GST Penalty under Section 122(1A) of CGST Act
By Author | July 22, 2025Tags: Delhi High Court, GST Judgements Delhi High Court Stops Coercive Action for Pre-2021 GST Transactions The Delhi High Court has ruled that authorities cannot…
Income Tax Bill 2025 Panel Report: Suggestions on TDS Refunds and Taxation of Trusts
By Author | July 22, 2025Tags: New Income Tax Act, Income Tax News 2025 Panel Recommends Relief for Taxpayers and Trusts A Parliamentary panel has suggested important changes to the…
Draft Income Tax Bill 2025: Parliamentary Panel Flags 32 Issues, Calls for Clarity and Relief
By Author | July 22, 2025Tags: New Income Tax Act, Income Tax News 2025 Select Panel Reviews Key Provisions of Income Tax Bill, 2025 In a significant move, the Lok…
Lok Sabha Panel Calls for Fixes in Draft Income Tax Bill, Supports Simplification
By Author / July 22, 2025Income Tax Recent News - 2025 | New Income Tax Act India's most significant direct tax overhaul in over six decades moved closer to becoming…
Tax Refunds Under Direct Taxes, GST See Steady Rise in Q1; Net Collections Impacted
By Author | July 15, 2025Income Tax Refund News – 2025 | GST & Taxation Update Direct Tax Refunds Surge, Affect Net Collection Refunds under direct taxes and GST have…