CAclubindia Articles

9 Days of Navratri, 9 Impacts of GST 2.0

CA Umesh Sharma 23 September 2025 at 08:43

The Government of India has notified major GST reforms, effective 22nd September 2025, simplifying the tax structure into three main slabs - 5%, 18% and 40%.

GST Implications on Write-off of Unclaimed Creditors' Balances

Akshay Parakh 23 September 2025 at 08:43

The Haryana AAR has ruled that writing off unclaimed creditors' balances does not attract GST, as it is not a "supply" under the CGST Act, 2017. This article explains the implications for Input Tax Credit (ITC), risks of double taxation and key takeaways for businesses managing GST compliance.

Post Office New Savings Scheme 2025: How to Get Benefits Worth Up to Rs 40 Lakh with Guaranteed Returns

Pranab Banerjee 23 September 2025 at 08:43

Post Office launches a new savings scheme in 2025 with guaranteed returns and tax benefits. Start small, save consistently and build up to Rs 40 lakh safely with government-backed security.

Income Tax Audit 2025: Businessmen and CAs Tension, Demand for Deadline Extension

LegalDev 22 September 2025 at 08:24

With the September 30, 2025 Income Tax Audit deadline approaching, only 8% audits are done. CAs and traders demand deadline extension due to workload, delays and festivals.

Section 115 BAC of the Income Tax Act as per Budget 2025

Pranab Banerjee 22 September 2025 at 08:24

Discover the features of Section 115BAC of the Income Tax Act, the default new tax regime from FY 2023-24. Learn about revised slabs, higher standard deduction, available exemptions and how to switch between old and new tax regimes.

Full List of Products with 0% GST from September 22, 2025

gstregistration.co 22 September 2025 at 08:24

From September 22, 2025, GST Council’s reform brings 0% GST on food items, stationery, medicines, oxygen and insurance. Check the full Zero GST product list.

GST Notification No. 9/2025: Complete HSN-Wise Rate Schedule Effective from September 22, 2025

CA Varun Gupta 22 September 2025 at 08:24

GST Notification No. 9/2025-CT(Rate) consolidates all HSN-wise GST rates into one framework, effective September 22, 2025. Check new schedules, slabs and compliance details.

SEBI LODR and PIT Amendments Since January 2025: Chronological Overview and Actionable

Affluence Advisory 20 September 2025 at 06:40

Explore SEBI's 2025 regulatory updates under LODR and PIT Regulations. Get a chronological summary of key circulars on disclosures, shareholding patterns, insider trading, annual reports and related party transactions with actionable compliance steps for listed companies.

Income Tax Refund Above Rs 50,000: Does the Income Tax Department Delay Big Refunds?

Pranab Banerjee 20 September 2025 at 06:40

Wondering if the Income Tax Department delays refunds above Rs 50,000? Learn how ITR refunds are processed, typical timelines, common causes of delay and tips to ensure faster credit to your bank account.

Forgot to Claim Deduction or Filed Wrong ITR? Correct Your ITR with Revised Return u/s 139(5)

CA Varun Gupta 20 September 2025 at 06:40

Made a mistake in filing your Income Tax Return? Don't panic. Learn how the Income-tax Act, 1961 allows you to revise or correct errors in your ITR with simple steps