This blog post announces significant changes to Goods and Services Tax (GST) rates in India, set to become effective from September 22, 2025, as per Notification No. 09/2025 – Central Tax (Rate). It provides a clear, simplified table comparing old and new rates for categories like household essentials, packaged food, luxury goods, hospitality, travel, professional consultancy, and IT services. The post highlights the implications for businesses (updating systems for compliance) and consumers (potential price changes), emphasizing the government's aim for clarity and easier compliance. It concludes by advising consultation with tax professionals for specific sector-related queries.

Discover how Sections 54 and 54F of the Indian Income Tax Act provide crucial tax exemptions on Long-Term Capital Gains from property sales. This comprehensive guide covers the latest rules for 2025, including the new ₹10 Crore cap and the two-house option under Section 54, offering practical examples and a step-by-step plan for effective tax planning.

This blog post addresses the increasing tax notices faced by Indian content creators, influencers, and consultants due to a common mismatch: clients deducting TDS under Section 194J while they file income tax returns under Section 44AD. It breaks down the key tax provisions (194J, 44AD, 44ADA), explaining what each means for freelancers and businesses. The article clarifies that a 194J deduction doesn't automatically mandate filing under 44ADA; the crucial factor is whether the profession is listed under Section 44AA. It details potential impacts on tax burden, cash flow, and the need for increased documentation, while also offering actionable steps for creators and consultants to ensure compliance, including clarifying work nature, maintaining records, client communication, cash flow monitoring, and seeking professional tax advice.

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.

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.

The Income Tax Department has given a final chance to correct mistakes in TDS/TCS returns for FY 2018–19 to FY 2023–24. The correction deadline is March 31, 2026. After this, only 2 years will be allowed for revisions, and unresolved errors may lead to tax notices.

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 detailed overview of the key highlights from the Income Tax Return (ITR) filing season for Assessment Year (AY) 2025-26, as of September 8, 2025. It showcases significant statistics including over 13.36 crore registered users, more than 5 crore returns filed, nearly 4.72 crore verified returns, and over 3.39 crore processed returns. The post emphasizes the growing trust in the e-filing platform, faster processing times, and the success of India's digital transformation in tax administration, positioning the Income Tax Department as "Success Enablers."

This blog post provides a comprehensive yet easy-to-understand guide to saving Long-Term Capital Gains (LTCG) tax arising from property sales in India. It delves into three crucial sections of the Income Tax Act – Section 54, Section 54EC, and Section 54F – detailing their eligibility criteria, investment options, time limits for reinvestment, and lock-in periods. The post also includes a comparative table and a practical example to illustrate how these exemptions work, empowering taxpayers to make informed decisions and potentially reduce their tax liabilities.

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.

This blog post details the Central Board of Direct Taxes' (CBDT) extension of due dates for filing Income Tax Returns (ITRs) and tax audit reports for Assessment Year (AY) 2025-26. It explains the reasons behind the extension, provides a clear table of new deadlines for various taxpayer categories (individuals, audit cases, and transfer pricing cases), and discusses why tax professionals are still advocating for further extensions. The post also outlines the penalties and interest associated with missing these extended deadlines, including fees under Section 234F and interest under Section 234A. Finally, it offers practical advice for taxpayers to ensure timely compliance.