FDI in Inventory-Based E-Commerce for Exports: Commerce Ministry Invites Feedback
The Ministry of Commerce and Industry has circulated a note inviting views from various central government departments on a proposal
Regulatory Update
From Filing to Refunds: November GST Reforms Set to Transform MSME Compliance
From November 2025, India’s Goods and Services Tax (GST) framework will undergo major updates designed to streamline the compliance process
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
With the beginning of November, several significant financial and administrative changes are coming into effect. These changes will impact your
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
All New Income Tax Law Rules to be Issued by 31st December 2025
The government is planning to announce all rules under the upcoming new income tax law by December 31, 2025, in
Good News: New GST Registration System From Nov 1 to Reduce Compliance Burden
The central government is set to launch a new GST registration system from November 1, 2025, designed to streamline the
ITR Refund Delay: Income Tax Refund ‘Processed’, but no money is credited? Here’s What You Should Do
The Income Tax Department has started transferring ITR Refunds to the bank accounts of taxpayers who have timely filed their
Income Tax: Found Errors/Mistakes in Your ITR Filing Form? No Worries, You Still have Option to Revise/Correct it
Income Tax: Found Errors/Mistakes in Your ITR Filing Form? No Worries, You Still have Option to Revise/Correct it Have you
MCA Extends Deadline for Filing DIR-3 KYC
To provide relief to company directors, the Ministry of Corporate Affairs (MCA) has extended the deadline for filing e-Form DIR-3
DPIIT Leadership Holds Talks with Retail Giants to Seek Inputs on FDI Policy
India is actively evaluating adjustments to its foreign direct investment (FDI) rules in retail and ecommerce. The Department for Promotion
Gujarat HC Orders CBDT to Extend Deadline for Filing Audit Cases Returns
The Gujarat High Court on Monday ordered the Central Board of Direct Taxes (CBDT) to push the Income Tax Return
Form GSTR-9 Annual Returns Filing Now Active on Portal Till December 31, 2025
The Goods and Services Tax (GST) Portal has been updated and now allows online filing of annual returns using Form
Supreme Court Rules: Printing Materials Used in Works Contracts Subject to Trade Tax
Introduction Overview of the case Supreme Court’s View The Supreme Court agreed with the High Court’s reasoning, noting that three
GSTN’s New Advisory for Taxpayers Facing Errors While Filing GSTR-7
The Goods and Services Tax Network (GSTN) comes up with an important advisory for the taxpayers facing technical issues while
