The Central Board of Direct Taxes (CBDT) has released the amended Income-tax Act, 1961, as updated by the Finance Act, 2025, which is accessible on the Income Tax Department’s official…
DGFT Notifies Para 2.20A to Prohibit Import and Transit of Goods from Pakistan
By Author / May 3, 2025DGFT Notification – 2025 The Directorate General of Foreign Trade (DGFT) issued Notification No. 06/2025-26 dated May 2, 2025. This update introduces Para 2.20A in…
CBDT notifies ITR Form-5 for the Assessment Year 2025-26
By Author / May 3, 2025CBDT Notification – 2025 The Central Board of Direct Taxes (CBDT) has issued Notification No. 42/2025 dated May 1, 2025, notifying Income Tax Return (ITR)…
CBIC Issues Guidelines for Grievance Redressal in GST Registration ProcessBy Author / May 2, 2025CBIC Instructions – 2025
The Central Board of Indirect Taxes and Customs (CBIC) has released Instruction No. 04/2025-GST dated May 2, 2025. It outlines the Grievance Redressal Mechanism for handling complaints during the GST…
✅ ITR-1 and ITR-4 Forms Notified for FY 2024-25: Key Changes You Should Know
📅 By Author | May 1, 2025 The Income Tax Department has officially notified the ITR-1 (Sahaj) and ITR-4 (Sugam) forms for Assessment Year 2025–26, allowing return filing for Financial…
GSTN Issues New Advisory on HSN Code and Document Reporting in GSTR-1/1A (May 2025)
The Goods and Services Tax Network (GSTN) released Advisory No. 597 on May 1, 2025. It outlines new rules for reporting HSN codes in Table 12 and document details in…
Gross GST collections rise to an all time high of Rs 2.37 lakh crore in April, 2025
GST collection rose to an all time high of Rs 2.37 lakh crore from Rs 1.96 lakh crore in the previous month, according to data released by the government on…
NH Projects: Kerala Waives GST Share and Royalty
By Author | May 1, 2025GST Recent News - 2025 Overview In a Cabinet meeting held on Wednesday, the Kerala government decided to waive the State share of GST and…
CBDT Notifies ITR Form-3 for Assessment Year 2025–26
By Author | May 2, 2025CBDT Notification No. 41/2025 Overview On May 1, 2025, the Central Board of Direct Taxes (CBDT) released ITR Form-3 for the Assessment Year 2025–26. This…
GSTN Advisory: Biometric-Based Aadhaar Authentication for GST Applicants in Sikkim
Issued on: May 1, 2025Applies to: GST Registration Applicants in Sikkim Background GSTN has introduced a new functionality for Biometric-Based Aadhaar Authentication and Document Verification under Rule 8 of the…