CAclubindia Articles

GST Rate Reduction from 18% to 5% - Is ITC Reversal Required Under Section 18(4)?

Posted by Rajagopal K 09 September 2025 9049 Views

Does GST rate reduction from 18% to 5% require ITC reversal under Section 18(4) of the CGST Act? Explore legal provisions, CBIC clarifications, and practical implications for taxpayers.

Methods To Achieve Minimum Public Shareholding

Posted by CS Anshika Gupta 08 September 2025 213 Views

Learn about Public Issues, Offer for Sale (OFS) via prospectus and stock exchange mechanism, eligibility criteria, cooling-off periods, offer size, operational requirements, retail participation, allocation, and SEBI regulations governing share sales and MPS compliance.

Modi Ji: Lead. Serve. Inspire - Part II

Posted by Raj Jaggi

08 September 2025 158 Views

Discover the next 10 inspiring qualities of Prime Minister Narendra Modi - from embracing poverty with pride and rejecting nepotism, to donating gifts, empowering youth, honouring unsung heroes with the People’s Padma and launching UDAN.

PMS Fees and Capital Gains: Can You Claim Deduction Under Section 48?

Posted by CA Varun Gupta

08 September 2025 2055 Views

Can PMS fees be claimed as deduction under Section 48 while computing capital gains? Explore statutory law, ITAT rulings, SEBI PMS rules & filing tips.

Capitalization of Borrowing Cost on Land as per Ind AS 23: Borrowing Costs

Posted by CA Rahul Agarwal 08 September 2025 318 Views

Understand the capitalization of borrowing costs on land under Ind AS 23. Learn when borrowing costs qualify for capitalization, key principles, and practical implications for businesses.

Last Date of Income Tax Filing with ITR for the AY 2025-26: What Happens If You Miss It?

Posted by Pranab Banerjee

08 September 2025 4905 Views

The last date for Income Tax Return filing for AY 2025-26 is September 15, 2025, with no further extensions. Learn penalties, interest, and consequences of missing the ITR deadline, plus tips to file on time.

GST 3.0: Major Reforms Ahead as FM Sitharaman Promises Consumer Benefits

Posted by gstregistration.co 08 September 2025 139 Views

In an interview, FM Sitharaman outlined GST 3.0 reforms, benefits for consumers, GST on fuel, impact on education & insurance, and why One Nation One GST is still a challenge.

GST Relief or an Illusion: The Unseen Costs of GST Rate Restructuring

Posted by CA Shubhi Khandelwal 06 September 2025 2766 Views

The GST Council's new two-slab reform (5% & 18%) simplifies the tax structure but brings hidden costs. With ITC withdrawal and sectoral anomalies, hotels, salons, insurance, garments, and footwear may see higher prices despite lower GST rates.

The New Rate of GST: Full List and Rate Chart Effective from 22 September 2025

Posted by Pranab Banerjee

06 September 2025 33950 Views

Discover the new GST rates effective from 22 September 2025. Learn how reduced taxes on food and medicines, higher levies on luxury goods, and simplified compliance rules will impact consumers, businesses, and the economy.

56th GST Council Meeting Updates: Key GST Rate Changes Effective September 2025

Posted by CA Varun Gupta

06 September 2025 844 Views

Discover key highlights of the 56th GST Council Meeting held in New Delhi. Effective from September 22, 2025, the latest GST rate changes bring exemptions, reductions, and structural reforms across food, healthcare, energy, automobiles and services.