CAclubindia Articles

Missed Filing GSTR-9 or GSTR-9C for the Financial Years 2017 to 2023

CA Varun Gupta 27 February 2025 at 08:40

As per Notification No. 8/2025, the CBIC is offering a waiver of late fees for delayed GSTR-9C filings, provided the forms are submitted by March 31, 2025.

Income-Tax Amendments 2025: New Compliance Requirements for Trusts

CA Jaydeep Babubhai Vadher 27 February 2025 at 08:36

In exercise of the powers granted under sub-section (1A) of section 115AD, sub-section (4) of section 115TCA, sub-section (4) of section 115UA, and sub-section (7) of section 115UB, read with section 295 of the Income-tax Act, 1961, the CBDT has introduced important amendments to the Income-tax Rules, 1962.

Budget 2025: No Income Tax on Rs 12 Lakh - A Revolutionary Step for India's Economy

CS Rakesh Chandak 26 February 2025 at 08:44

The Union Budget 2025 has brought a significant reform-exempting individuals earning up to Rs 12 lakh per annum from paying income tax.

Exception-Based MIS Reporting: A Smarter Approach to Decision-Making

Sundaran.D 26 February 2025 at 08:34

Management Information Systems (MIS) play a crucial role in data-driven decision-making within organizations. Traditional MIS reporting often involves generating and analyzing vast amounts of data, making it time-consuming and inefficient.

Capital Levels of Banks and NBFCs: Resilience amid Stress Scenarios

Affluence Advisory 26 February 2025 at 08:33

The Reserve Bank of India’s (RBI) recent stress test results reveal a robust financial system, with capital levels at banks and Non-Banking Financial Comp

Can a Strike-Off LLP Be Revived? Process and Legal Aspects

Ishita Ramani 26 February 2025 at 08:33

This article shall discover the Reasons for Revival of a Strike-Off LLP and its processes.

Where Should Your Savings of Tax Go?

CA Umesh Sharma 25 February 2025 at 08:28

ow, anyone earning up to ₹12 lakh won't have to pay any tax. This change helps taxpayers save between ₹35,000 to ₹1,10,000 depending on the income level, putting more money in their hands and giving major relief to the middle class.

Late Intimation Of Claim Would Not Disentitle A Claimant To File Claim

FCS Deepak Pratap Singh 25 February 2025 at 08:28

As to whether the delay in informing the occurrence of the theft of the vehicle to the insurance company, though the FIR was registered immediately, would disentitle the claimant of the insurance claim.

TDS Rate Chart for FY 2025-26 (AY 2026-27)

CA Aman Rajput 24 February 2025 at 09:52

TDS Section ListNature of PaymentThresholdIndividual or HUFOthers192Payment in form of salary₹ 2,50,000Slab RatesSlab Rates192A(Note 1)Employee Provident Fund ..