CAclubindia Articles

Ind AS 16: Pending Property Tax Paid on Auction Purchase: Capitalization vs. Expense Explained

Rahul Agarwal 16 September 2025 at 08:51

When a property is acquired in auction, is the pending property tax an expense or part of the asset cost? Accounting standards clarify that such taxes must be capitalized, as they are directly attributable to acquiring ownership and making the property ready for use.

TDS New Rules: Big Changes for FD Investors and Taxpayers from September 25, 2025

Pranab Banerjee 16 September 2025 at 08:48

Budget 2025 brings major TDS reforms effective from September 25, 2025. Higher exemption limits for senior citizens, FD/RD investors, insurance agents, and dividend earners mean less tax deducted at source, better liquidity and simpler compliance for taxpayers.

NBFCs Are Quietly Rewriting Their Funding Playbook

Affluence Advisory 16 September 2025 at 08:43

Indian NBFCs are increasingly tapping offshore syndicated loans, raising $3.67 bn in 2025, double last year’s total. Cheaper global rates, wider lender pools, and liability diversification drive the shift, though risks like currency exposure, refinancing and regulatory scrutiny remain.

Consumers, Look Carefully at the Price Before Buying Products

CA Umesh Sharma 16 September 2025 at 08:40

Learn how GST rate changes affect Maximum Retail Price (MRP) revisions on unsold stock. Manufacturers can update MRPs until Dec 31, 2025, with clear rules on stamping, stickers, advertising and consumer transparency.

Late Filing Fees Applies From 17th September 2025: Check How Much will be Levied?

Mitali 15 September 2025 at 13:24

Know late filing fees under Section 234F (Rs 5,000 or Rs 1,000 based on income) and interest under Section 234A, 234B, and 234C. Understand when penalties apply and how timely tax payment can save you from extra charges.

GST 2.0 Arrives: Threshold for GST Registration Still on 1.0

Chaitra Seetharam 15 September 2025 at 12:04

GST 2.0, launched on September 22, 2025, streamlines India’s indirect tax system with simplified slabs (5%, 18%, 40%), faster refunds, and easier compliance. However, GST registration thresholds remain unchanged at Rs 40 lakh for goods and ₹20 lakh for services in regular states.

Modi Ji: True Leadership, Timeless Inspiration - Part VI

Raj Jaggi 15 September 2025 at 09:22

Part VI takes us deeper into the personal leadership qualities that make Modi Ji a living inspiration.

MSMEs Face Mandatory Annual Cyber Audits: CERT-In's Bold Move

CS Lalit Rajput 15 September 2025 at 09:09

CERT-In has made annual cybersecurity audits mandatory for MSMEs from September 1, 2025. This landmark move aims to strengthen digital security, protect small businesses from rising cyber threats, and establish a baseline framework with 15 core defense principles and 45 actionable steps.

Online Company Registration in India for Foreigners & NRIs (No Physical Visit Required)

Kapil kumar 15 September 2025 at 08:27

Discover how foreigners can register a company in India entirely online through the MCA portal. Learn about business structures, stepwise registration, compliance and the advantages of starting a business in India without physical presence.

Save Tax on Residential Property Sales by Using Sections 54 and 54F

Pranab Banerjee 15 September 2025 at 08:23

Learn how to save capital gains tax when selling residential property in India using Sections 54 and 54F. Understand eligibility, timelines, exemptions and smart reinvestment strategies to maximize your tax savings.