Starting October 2025, the GST system will undergo major changes affecting how businesses file returns and claim input tax credit. Key updates include manual ITC acceptance, locked GSTR-3B liabilities, new credit note rules, and invoice-level TDS reporting. Businesses must adapt to stay compliant and avoid filing issues.

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.

October 2025 is packed with critical tax and regulatory deadlines. This blog highlights key dates for income tax, GST, MCA filings, EPF/ESI contributions, and audit-related submissions to help you stay compliant and avoid penalties.

The GST portal now requires invoice wise reporting in Form GSTR-7 for all TDS deductors. This blog explains the change, its impact on deductors and suppliers, and provides a practical checklist to stay compliant and avoid mismatches.

Starting October 2025, the GSTN has rolled out major updates to the Invoice Management System (IMS) that simplify compliance, improve transparency, and give taxpayers more control over invoice handling. This blog breaks down the key changes and what they mean for businesses.

This blog post announces a significant and permanent change in GST compliance for small businesses in India. From Financial Year 2024-25, businesses with an annual aggregate turnover of up to 2 crore are exempt from filing the annual GST return (Form GSTR-9). The article details what changed, who benefits, and the tangible advantages like time and cost savings. It also highlights crucial reminders about continued monthly/quarterly filings, record-keeping, and turnover monitoring. The post emphasizes that this move will greatly enhance the "Ease of Doing Business" for millions of small enterprises.

This blog post clarifies the latest GST rules for bricks in India, effective September 22, 2025. It details the two tax options for most brick types (6% without ITC under composition scheme or 12% with ITC under regular scheme) and introduces a special 5% GST rate with ITC for sand-lime bricks, which cannot opt for the composition scheme. The article also highlights the crucial annual turnover threshold of ₹20 lakh for GST registration. It explains the importance of these changes, who is affected, the pros and cons, and provides actionable advice for businesses, including checking turnover, correct brick classification, scheme selection, pricing adjustments, and record-keeping. Finally, it discusses the implications for buyers and builders and outlines potential issues such as classification disputes and transitional challenges.

This quick-reference guide lays out all key GST return due dates for September 2025 — including deadlines for GSTR-7, GSTR-8, GSTR-1, IFF (QRMP), GSTR-6, GSTR-5, GSTR-3B and GSTR-5A — plus practical notes on why on-time filing matters and a simple table you can use as a checklist.

This blog post provides a comprehensive guide to the upcoming GST rate changes in India, effective 22 September 2025, focusing specifically on the implications for Input Tax Credit (ITC) on stock. It explains the new simplified tax slab structure (5%, 18%, 40% for luxury goods) and details how businesses should handle ITC for stock purchased before the changes, supplies made after the changes, and unsold old inventory. The post offers practical advice on identifying stock, claiming eligible ITC, reversing ITC where necessary, seeking manufacturer support, and maintaining audit-ready records to navigate this significant tax transition effectively.

This blog post analyzes the impact of the latest GST reforms on the Indian media industry. It highlights how, despite appeals from media and advertising groups, the sector received no significant relief regarding tax parity for digital publications, input tax credit access, or flexible tax payment timing. The article details the approved reforms that benefited other sectors and consumers, contrasting them with the ignored pleas of the media, leading to concerns about worsening the digital divide, liquidity pressure, and hindered cost recovery. It concludes that the lack of targeted reforms poses a major setback for innovation, job creation, and overall growth in the Indian media landscape.

India is set to implement GST 2.0 from September 22, 2025, introducing a new 40% GST rate for "sin" and luxury goods. This reform simplifies the existing tax structure, lowers GST on essentials, and aims to balance public health with revenue generation. The move will benefit households with reduced costs on necessities, while consumers and industries dealing with luxury and harmful products will face higher taxes.GST 2.0: India Introduces New 40% Tax Slab for Luxury & Sin Goods