# news
12 posts in `news` tag
Big News: Now Update Aadhaar Mobile Number From Home
UIDAI is rolling out a new feature in the Aadhaar App that allows users to update their Aadhaar-linked mobile number directly from home using OTP and face scan verification. The process is digital, simple, and includes a small fee of about ₹50 to ₹75.
New Income Tax Rules Effective December 2025: Key Updates
The Income Tax Department has introduced key updates effective December 1, 2025, focusing on real-time TDS error alerts, significantly faster ITR refund processing (7 days), strict AIS/26AS income matching rules, and an increased late filing penalty of ₹7,500 for high-income taxpayers.
UIDAI Removes 2 Crore Aadhaar Numbers to Stop Misuse
UIDAI has taken a big step to protect India’s identity system by deactivating over 2 crore Aadhaar numbers. Most of these numbers belonged to people who have passed away. The purpose is to prevent fraud and keep the Aadhaar system accurate and safe.
Why Your Income Tax Refund Is Delayed and How to Check Status
Many taxpayers are still waiting for their refund. This guide explains how to check your income tax refund status, why refunds get delayed, and simple steps you can take to fix the issue and receive your money soon.
Big Relief for Small Businesses: Audit Rules May Change
The Indian government is planning to remove the mandatory annual audit requirement for companies earning up to 1 crore. This move may reduce paperwork, cost, and compliance pressure for small business owners. The proposal is under review and may soon be introduced in Parliament.
MVAT & PT Returns Deadline Extended for October 2025 Updated Filing Schedule
The Maharashtra government has extended the deadlines for filing MVAT and Professional Tax returns for October 2025. Payment due dates remain unchanged, and interest applies if taxes are paid late. Taxpayers now have additional time to file returns correctly and avoid late fees. This update helps businesses manage compliance efficiently and avoid penalties by following the revised dates.
Supreme Court Protects CAs: Issuing Form 15CB Is Not Money Laundering
The Supreme Court of India has upheld that Chartered Accountants cannot be prosecuted for money laundering simply for issuing Form 15CB, as it is a statutory duty under the Income Tax Act. This ruling protects professionals from being unfairly targeted and clarifies the limited role of CAs in compliance matters.
Income Tax Return & Audit Report Deadlines Extended for AY 2025–26
The Central Board of Direct Taxes (CBDT) has extended the deadlines for filing Income Tax Returns and audit reports for the Assessment Year 2025–26. This move offers relief to taxpayers and professionals by giving them more time to complete their filings.
Supreme Court’s Big GST Decision Huge Relief for Taxpayers
The Supreme Court of India has ruled that once a taxpayer pays the 10% pre-deposit required to file a GST appeal, the government cannot freeze bank accounts or recover additional funds. This landmark decision protects honest taxpayers and ensures fair enforcement under GST law.
Great News for Entrepreneurs! Get Your GST Number in Just 3 Days
GST 2.0 is a game-changer for small businesses in India. Starting November 1, 2025, new applicants can opt for a simplified GST registration process with automatic approval in just 3 working days. Designed for low-risk businesses, this reform reduces hassle and speeds up business launch.
CBI Nabs GST Officer in Nashik for 5 Lakh Bribe 19 Lakh Seized
The CBI has arrested a Superintendent of CGST & Central Excise in Nashik for allegedly accepting a 5 lakh bribe related to an ITC case. Raids led to the recovery of ₹19 lakh in cash and key documents. The officer is currently in police custody.
CBDT Revises Tax Audit Deadline to 31st October 2025
CBDT has extended the deadline for filing Tax Audit Reports for AY 2025–26 to 31st October 2025. This move provides relief to professionals and businesses facing compliance pressure. Stakeholders are advised to file promptly and stay informed via official channels.