Significant Changes to EPFO Withdrawal Rules in 2025
The Employee Provident Fund Organisation has simplified its withdrawal rules, combining 13 complex provisions into three simple categories: Essential, Housing, […]
Regulatory Update
Updates - Income Tax
Revised I-T Return: Fix Errors in Your Tax Return Before the Calendar Year Ends
The deadline to file the income tax return (ITR) for FY 2023-24 ended on September 16 after two extensions. However,
Major EPFO Changes in 2025: Withdrawals, Transfers, and Settlements Simplified
The Employees’ Provident Fund Organisation (EPFO) has introduced several changes this year, ranging from EPFO 3.0 to measures aimed at
Finance Bill 2026 to Simplify GST with Speedy Registration and Auto Refunds
The Finance Bill 2026 is set to bring significant changes to the GST law, aiming to make compliance easier, fast
India Sees Surge in New Business Formations: Company Registrations Up 26%, LLPs 38% in October
India observed a sharp rise in a new bussiness formation in October, signalling renewed investor confidence and robust economic activity.
Updates - Income Tax
CBDT’s New Guidelines Simplify Income Tax Refund and Error Rectification
In a move aimed at enhancing taxpayer convenience and streamlining refund processing, the Central Board of Direct Taxes (CBDT) has
EPF Transfers Go Automatic in 2025: Key EPFO Rules for Employees
The EPFO has introduced major reforms in 2025 to make the EPF transfer process faster, more seamless and automatic for
Updates - Companies Act
What Happens If You Don’t Link PAN with Aadhaar by January 1, 2026
Linking of your PAN and Aadhar card is compulsory as your PAN can become inoperative if you fail to meet
CBIC Issues Guidance on GST Registration for Importers with Multi-State Warehouses
The Central Board of Indirect Taxes and Customs (CBIC) has recently issued a clarification addressing the requirement of separate GST
EPFO Launches Employees’ Enrolment Scheme 2025: Eligibility, Features, and Penalties Explained
Introduction The Ministry of Labour & Employment rolled out the Employees’ Enrolment Scheme- 2025 on the 73rd Foundation Day of
FDI in Inventory-Based E-Commerce for Exports: Commerce Ministry Invites Feedback
Introduction The Ministry of Commerce and Industry has circulated a note inviting views from various central government departments on a
From Filing to Refunds: November GST Reforms Set to Transform MSME Compliance
Introduction From November 2025, India’s Goods and Services Tax (GST) framework will undergo major updates designed to streamline the compliance
GST Registration Drive Launched by Kerala State GST Department
Introduction The State Goods and Services Tax department has launches a GST registration drive in the State in an effort
Large Cash Deposits in Your Bank? How to Stay Clear of a Tax Notice
A large cash deposit in your bank account can attract the attention of the Income Tax Department, and a recent
ITR-U: A Second Chance to Rectify Your Tax Return Mistakes
For the Income Tax filing of financial year 2024-25 (assessment year 2025-26), the due date for individuals not requiring audit
Alert: GST Returns Pending Over 3 Years to be Time-Barred
Introduction According to an advisory from the Goods and Services Tax Network (GSTN), businesses that have not filed their pending
From November 1: New Rules on Banking, Aadhaar, GST & Pension You Should Be Aware Of
Introduction With the beginning of November, several significant financial and administrative changes are coming into effect. These changes will impact
GST Portal Rolls Out facility to Provide Details for Import of Goods
Businesses can now record entries of their imports in the Invoice Management System (IMS) under GST. According to the tax
GST 2.0: New Registration Framework to Simplify Process for Small Businesses
Introduction In a major boost to ease of doing business, the Central Board of Indirect Taxes and Customs (CBIC) will
CBDT Notifies Extension of ITR and Audit Report Due Dates for Assessment Year 2025–26
Introduction The Central Board of Direct Taxes (CBDT) has provided major relief to taxpayers and professionals by extending the due
