CAclubindia News

Excel Utilities for Updated ITR-5, ITR-6, and ITR-7 for AYs 2021-22 & 2022-23 Released

06 September 2025 at 17:13

The Income Tax Department has announced the release of Excel utilities for filing updated returns in ITR-5, ITR-6, and ITR-7 for the Assessment Years 2021-22 and 2022-23

Posted in Income Tax | 99 Views

ITR-5 Offline Utility for AY 2025-26 Now Available for Filing

06 September 2025 at 17:08

The Income Tax Department has released the offline utility for ITR-5 for AY 2025-26, enabling firms, LLPs, AOPs, and trusts to file returns easily.

Posted in Income Tax | 399 Views

GST Overhaul a "Diwali Gift for Green India," Hails Bhupender Yadav

06 September 2025 at 09:52

Union Minister Bhupender Yadav hails Next Gen GST Reforms as “GST Reforms for a Green India,” boosting renewable energy, waste management, and sustainability.

Posted in GST | 219 Views

PM Underscores Transformative Impact of GST Reforms on Manufacturing Sector

06 September 2025 at 09:46

PM highlights how latest GST reforms will boost India’s manufacturing sector, cut costs, strengthen MSMEs, and enhance global competitiveness.

Posted in GST | 129 Views

GST 2.0 Rollout: CBIC Expects Temporary Dip in Revenues, Festive Demand to Aid Recovery

06 September 2025 at 09:41

CBIC warns of a short-term dip in GST collections after GST 2.0 rollout on Sept 22, but festive demand and tax cuts are set to boost sales and ease inflation.

Posted in GST | 1413 Views

GST Rationalisation to Boost MSMEs, Exports and Consumer Welfare

06 September 2025 at 09:34

GST rationalisation lowers costs, eases refunds for low-value e-commerce exports, supports MSMEs, fixes inverted duty structures, and boosts competitiveness.

Posted in GST | 129 Views

GST Reforms: Cigarettes to Cost More, But Bidi Prices Cut to Protect Industry

06 September 2025 at 09:28

GST reforms make cigarettes costlier at 40% tax, while bidi GST cut to 18% aims to protect jobs of 70 lakh workers, sparking debate on health and politics.

Posted in GST | 1371 Views

CBIC Confident of Smooth Transition to Next-Gen GST by September 22, Says Chairman

06 September 2025 at 09:24

CBIC Chairman says next-gen GST rollout from Sept 22 will be glitch-free, with lower tax slabs, ITC flexibility, and festive season boost to demand.

Posted in GST | 1845 Views

CBIC Refutes Reports of 18% GST on Caramel Popcorn

06 September 2025 at 09:20

CBIC clarifies GST on popcorn: both salted and caramel varieties will attract 5% tax under new rates, refuting earlier reports of 18% GST on caramel popcorn.

Posted in GST | 1431 Views