CAclubindia News

CBIC Exempts Small Taxpayers from Filing GST Annual Return for FY 2024-25 Onwards

18 September 2025 at 08:43

The Finance Ministry has exempted GST-registered taxpayers with turnover up to Rs 2 crore from filing annual returns (Form GSTR-9) for FY 2024-25 onwards, reducing compliance burden on small businesses.

Posted in GST | 40707 Views

Finance Ministry Notifies Cases to Be Heard Exclusively by Principal Bench of GSTAT

18 September 2025 at 08:38

The Finance Ministry has notified that appeals involving identical legal issues across States, provisions under IGST Act sections 14/14A, and CGST Act section 20 will be heard only by the Principal Bench of the GST Appellate Tribunal.

Posted in GST | 1386 Views

Finance Ministry Sets June 30, 2026 Deadline for Filing Pending GST Appeals Before Tribunal

18 September 2025 at 08:33

The Finance Ministry has notified June 30, 2026, as the last date to file pending GST appeals before the Appellate Tribunal for orders issued before April 1, 2026. For orders after April 1, 2026, appeals must be filed within three months.

Posted in GST | 2163 Views

CBIC Notifies Major GST Rate Changes on Services Effective September 22, 2025

18 September 2025 at 08:29

The Finance Ministry has notified GST Notification No. 15/2025 revising tax rates on services including transport, courier, job work, wellness and professional services.

Posted in GST | 3993 Views

IT Department Sees Record Surge with Over 7.3 Crore ITRs Filed for AY 2025-26

18 September 2025 at 08:20

A record of over 7.3 crore ITRs were filed by Sept 15. CBDT extended deadline to Sept 16 amid heavy portal traffic and taxpayer complaints of glitches.

Posted in Income Tax | 108 Views

CBDT and its Subordinate Offices to undertake Special Campaign 5.0 for Swachhata and Efficiency

18 September 2025 at 08:20

Govt launches Special Campaign 5.0 (Oct 2-31, 2025). CBDT to focus on swachhata, e-waste disposal, record management, and grievance redressal.

Posted in Income Tax | 78 Views

CBDT Issues SOP for Taxing Capital Gains on JDAs Under Section 45(5A)

18 September 2025 at 08:19

CBDT issues SOP for assessing capital gains on Joint Development Agreements under Section 45(5A), adopting the successful Kolkata model nationwide.

Posted in Income Tax | 8541 Views

Finance Ministry Clarifies: Hotels up to Rs 7500 Tariff to Pay 5% GST Without ITC

18 September 2025 at 08:19

Finance Ministry clarifies hotels charging up to Rs 7,500 per room per day will pay 5% GST without ITC, raising concerns for the hospitality sector.

Posted in GST | 1338 Views

No Recall or Re-Labelling Needed for Medicines Before Sept 22: Finance Ministry Clarifies

18 September 2025 at 08:19

Finance Ministry FAQs clarify GST changes on medicines, drones, hotels, insurance & delivery services. No recall or re-labelling needed before Sept 22.

Posted in GST | 93 Views

PFRDA Extends One-Time Option for Central Govt Employees to Opt for UPS

17 September 2025 at 09:04

PFRDA has extended the one-time option for Central Government employees who joined services between April 1 and August 31, 2025, to migrate from NPS to the Unified Pension Scheme (UPS). Eligible employees must exercise this option by September 30, 2025.

Posted in Corporate Law | 111 Views