CAclubindia News

Income Tax Act, 2025 Explained: Effective Date, Key Reforms & Impact

05 September 2025 at 09:26

Income Tax Act, 2025 takes effect from April 1, 2026, simplifying laws, defining 'Tax Year,' recognizing VDAs, and ensuring transparency & digital compliance.

Posted in Income Tax | 1530 Views

GST Reforms 2025: Relief for Common Man, Boost for Businesses

05 September 2025 at 09:13

GST undergoes Next-Gen reforms with a simplified 2-slab structure (5% & 18%), rate cuts on essentials, medicines, cars, cement and farm equipment, plus 40% tax on luxury/sin goods.

Posted in GST | 2094 Views

Central Govt Employees Can Opt for UPS to NPS Switch Till 30 Sept 2025

05 September 2025 at 09:00

The Government has allowed a one-time, one-way switch from the UPS to the NPS for eligible Central Government employees under specific conditions. Employees must exercise this option by 30th September 2025

Posted in Corporate Law | 108 Views

GST Council Introduces Risk-Based Provisional Refunds for Zero-Rated Supplies from November 2025

04 September 2025 at 09:48

GST Council approves risk-based 90% provisional refunds for zero-rated supplies including exports & SEZ supplies, effective Nov 1, 2025

Posted in GST | 1773 Views

GST Council Approves Risk-Based Provisional Refunds for Inverted Duty Structure from November 2025

04 September 2025 at 09:44

GST Council clears risk-based provisional refunds for inverted duty structure; 90% refund to be sanctioned from Nov 1, 2025 for faster liquidity

Posted in GST | 261 Views

GST Council Removes Threshold for Refunds on Low-Value Export Consignments

04 September 2025 at 09:41

GST Council removes threshold for refunds on low-value export consignments, helping small exporters using courier and postal modes claim benefits

Posted in GST | 228 Views

56th GST Council Meet Approves 3-Day Automated Registration for Small Businesses

04 September 2025 at 09:37

Small Businesses to Benefit as GST Council Approves Automated Registration in 3 Days

Posted in GST | 2241 Views

GST Council Approves Simplified Registration Scheme for Small E-Commerce Suppliers

04 September 2025 at 09:30

"GST Council approves simplified registration scheme for small e-commerce suppliers, easing compliance and boosting MSME participation nationwide

Posted in GST | 1527 Views

Omission of Section 13(8)(b) Brings GST Relief to Indian Intermediary Service Providers

04 September 2025 at 09:25

GST Council removes Section 13(8)(b) of IGST Act, making intermediary services exports eligible for zero-rated GST benefits under new place of supply rules

Posted in GST | 3351 Views

GST Reform: Post-Sale Discounts Clarified with Changes to Section 15 and 34

04 September 2025 at 09:20

Major GST update: Amendments to Section 15 & 34 of CGST Act clarify post-sale discount treatment and improve compliance framework

Posted in GST | 414 Views