MCA Extends DIR-3-KYC Filing Deadline (FY 2024-25)
MCA further extends DIR-3-KYC & DIR-3-KYC-WEB filing deadline from 15th October to 31st October 2025 without late fees vide General Circular 5/2025.
Author: Vinod Arora
Madras High Court Removes Penalty for Delayed ITC Reversal on Obsolete Stock
The Madras High Court has passed a helpful ruling for businesses dealing with old or slow-moving stock. In the case GE T&D India Ltd. v. Deputy Commissioner of GST …
Capital Gains Tax India 2025: Guide & Tips
Navigate India's 2025 capital gains tax: LTCG at 12.5%, STCG up to 20%, no indexation for new assets. Learn rules for equities, property, gold, exemptions & strategies.
Unified Pension Scheme: FAQs Explaining Tax Benefits
Explore tax benefits under the Unified Pension Scheme (UPS) for Central Govt employees. Learn deductions, exemptions, and retirement payout rules.
New ESIC Amnesty Scheme 2025: Compliance Made Easy
Learn how ESIC’s New Amnesty Scheme 2025 helps employers settle disputes, avoid penalties, and ensure compliance from Oct 2025 to Sept 2026.
CBIC Instructions on 90% Provisional GST Refunds
CBIC Instruction on provisional GST refunds. 90% refund for low-risk applications filed on or after 01.10.2025. Includes zero-rated & inverted duty structure.
Basic Savings Bank Deposit (BSBD) Accounts: RBI Draft Guidelines 2025
RBI’s draft guidelines (2025) for Basic Savings Bank Deposit (BSBD) Accounts aim to boost financial inclusion with free services and digital banking features.
Certain Sections of CGST Act, 2017 Omitted by Subsequent Amendments
Details of certain sections of CGST Act, 2017 which have been omitted by subsequent amendments thereto notified by the GOI/CBIC. Text of such sections before omission:.
Third Schedule (III) to CGST Act 2017: Activities/ Transactions which shall not be treated as Supply of Goods or Services
Provisions under the 'Third Schedule (III)' to the CGST Act 2017 regarding "Activities/ Transactions which shall not be treated as Supply of Goods or Services".
Second Schedule (II) to CGST Act 2017: Activities or Transactions to be treated as Supply of Goods or Services
Provisions under Second Schedule (II) to CGST Act 2017 regarding "Activities or Transactions to be treated as Supply of Goods or Services".