Starting October 1, 2025, businesses affected by inverted duty structure (IDS) can now receive 90% of their GST refund upfront. This move by CBIC aims to ease working capital pressure and improve cash flow for industries like textiles, footwear, and fertilizers. Learn how this change impacts your business and what steps you need to take.

The government has eliminated the 18% GST on life and health insurance premiums effective October 1, 2025. While this benefits customers by lowering costs, insurance agents—especially those working with private insurers—are facing commission cuts of up to 18% due to the loss of input tax credit. Public insurers are absorbing the GST cost, but private companies are passing it on to agents.

The CBIC has rolled out a provisional refund mechanism allowing eligible businesses to receive 90% of their GST refunds upfront from October 1, 2025. This move targets industries facing cash flow issues due to inverted duty structures and aims to accelerate business operations and growth.

Section 115BAC introduces a simplified tax structure with reduced slab rates, but at the cost of foregoing key exemptions and deductions. Effective from AY 2024–25 as the default regime, this blog explains the revised tax slabs, outlines the benefits that are no longer available, and guides taxpayers on choosing between the new and old regimes based on their financial profile and investment habits.

This blog post provides a comprehensive overview of India's GST 2.0, implemented on September 22, 2025. It details the key features, including the reduction of tax slabs to 5% and 18% (with a new 40% for luxury/sin goods), lower taxes on essential goods, durables, and automobiles, and increased prices for luxury items. The article identifies beneficiaries like everyday households, the middle class, farmers, healthcare consumers, and MSMEs. It also addresses potential challenges such as revenue shortfall, price pass-through issues, and transition headaches for businesses. Finally, it outlines expected economic ripples and crucial factors to monitor for the reform's success, concluding that GST 2.0 is a bold step towards simplifying life for millions. An appendix with sample MRP comparisons is also included.

This blog details the significant GST cuts introduced as a 'Diwali gift' for the nation. It highlights how these reforms aim to simplify the tax structure and ease financial burdens across various sectors including daily essentials, agriculture, healthcare, education, and certain electronic appliances and vehicles, ultimately fostering a self-reliant India. The article also touches upon process reforms and a positive message from the Prime Minister.

This blog post explains CBDT Circular No. 9/2025, which clarifies that the higher 20% TDS rate under Section 206AB will not apply to property transactions covered by Section 194-IA. This brings significant relief to buyers and sellers by ensuring a consistent 1% TDS deduction on property sales over ₹50 Lakhs, simplifying compliance and streamlining real estate dealings.

This blog post details India's landmark decision to replace the sixty-year-old Income-tax Act, 1961, with the new, simplified Income-tax Act, 2025, which will be effective from April 1, 2026. It breaks down the key changes in simple terms, explaining the reduction in legal complexity, the introduction of a unified "Tax Year," clearer definitions for digital assets, and the move towards faceless, technology-driven tax processes. The post highlights how these changes aim to create a more transparent, efficient, and taxpayer-friendly direct tax system for individuals and businesses across the country.

A simplified guide for individuals who sold property in FY 2024-25, explaining the tax rates on short-term and long-term capital gains and detailing how to save tax by reinvesting under Sections 54, 54EC, and 54F of the Income Tax Act.

The Central Board of Direct Taxes (CBDT) has introduced new rules, 3C and 3D, effective August 18, 2025, which raise the income thresholds to 4 lakh (salary) and ₹8 lakh (gross total income) for taxing specific perquisites. This move provides significant tax relief on non-cash benefits for middle-income salaried employees.

In a major relief for Indian taxpayers, the Central Board of Direct Taxes (CBDT) has waived demands for short TDS deduction arising from payments to inoperative PAN holders. This addresses the widespread issue where deductors received tax notices for not applying the higher TDS rate mandated for unlinked PANs. This blog details the conditions of this relief as per CBDT Circular No. 9/2025, outlines the crucial deadlines like September 30, 2025, and explains the actionable steps for both deductors and deductees to benefit from this waiver and ensure future compliance.

India's digital asset taxation is maturing. For FY 2025-26, the core 30% tax and 1% TDS on VDAs remain, but expect a wider definition of VDAs and mandatory reporting by exchanges. This blog details current rules and what enhanced compliance means for crypto and other new-age investors.