# rd
12 posts in `rd` tag
Premiums Surge as Health Insurance Demand Rises
The health insurance sector in India is witnessing strong growth after the GST cut on premiums. Stand-alone insurers saw a 38.3% rise in October, overall premiums grew 7.7% in FY26, and health insurance now makes up nearly 40% of the non-life insurance market. With leaders like Star Health, Niva Bupa, Aditya Birla, and New India Assurance driving momentum, this is the right time for families to secure affordable health coverage.
PAN Cards to Be Deactivated from January 1, 2026 If Not Linked with Aadhaar
The Indian government has set December 31, 2025, as the final deadline to link PAN cards with Aadhaar. Starting January 1, 2026, non-linked PANs will be deactivated, affecting tax filing, refunds, and financial services. Learn who needs to link, what happens if you don’t, and how to complete the process online or via SMS.
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.
GST Removed on Insurance But Agents Are Paying the Price
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.
ITR Filing Deadline Extended: Relief for Tax Audit Cases
The Gujarat High Court has directed the CBDT to extend the Income Tax Return (ITR) filing deadline for tax audit cases from October 31 to November 30, 2025. This move provides much-needed relief to taxpayers and professionals, allowing more time for accurate filing and reducing stress.
Compliance Calendar October 2025 – Key Tax and Regulatory Deadlines
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.
Relief for Taxpayers: Gujarat HC Pushes for ITR Deadline Shift
In a major relief for taxpayers and professionals, the Gujarat High Court has directed CBDT to extend the ITR filing deadline for audit-case assessees to 30th November 2025, aligning it with the tax audit timeline.Gujarat High Court Directs CBDT to Extend ITR Filing Deadline
Taxpayers Alert: Old Income Tax Records Removed from Portal
The Income Tax Department has removed all data for Assessment Year (AY) 2022-23 and prior years from its website. This blog explains the reason behind this change and provides actionable steps for taxpayers to secure their old records, emphasizing the importance of keeping personal backups.
ICAI Eases Financial Reporting for Non-Corporate Entities & LLPs in FY 2024-25
The Institute of Chartered Accountants of India (ICAI) has announced a significant, temporary compliance relaxation for non-corporate entities and Limited Liability Partnerships (LLPs) for the Financial Year 2024-25. This allows these entities to optionally adopt updated guidance notes on financial statements, aiming to reduce administrative burden while maintaining transparency and accuracy. This flexibility ensures that core accounting standards remain paramount, offering businesses a choice in their reporting approach for the upcoming fiscal year.
Didn’t File ITR by September 16? Here’s What You Can Still Do
This blog post provides a comprehensive guide for individuals who have missed the September 16, 2025, deadline for filing their Income Tax Return (ITR) for FY 2024-25. It reassures readers that filing is still possible through a "belated return" by December 31, 2025, but outlines the associated penalties, including late filing fees (₹1,000 or ₹5,000) and interest on unpaid tax. The article also details other consequences of late filing, such as the inability to carry forward certain losses, delayed refunds, and potential loss of specific deductions. It touches on rare exceptions and what happens if even the belated deadline is missed. Finally, it offers practical advice to act promptly, gather documents, compute accurately, and seek professional help, promoting MyITROnline as a solution for simplified tax filing.
Due Date for Filing ITRs AY 2025-26 Extended Again
The Income Tax Department has granted a crucial one-day extension for filing Income Tax Returns for Assessment Year 2025-26, pushing the final deadline to September 16, 2025. This extension aims to assist taxpayers who encountered issues with the e-filing portal. This is a final opportunity to avoid penalties, so file your ITR promptly with myITRonline.
Is Your Tax Deadline Extended? Beware of Fake Circulars
A false circular claiming that the Income Tax Return (ITR) deadline has been extended past 15 September 2025 is being circulated. The post explains what the official record shows, how fake notices are spread, why they can be costly, and how to verify whether a circular is genuine.