Waiver Applications (SPL-01/SPL-02) and Deadlines: GSTN Advisory
GSTN Advisory clarifies issue in filing applications (SPL 01/SPL 02) under waiver scheme and deadlines for compliance by taxpayers.
Author: Vinod Arora
CBDT FAQs/Clarifications on Compounding of IT Offences
CBDT Circular 4/2025 provides crucial FAQs/Clarifications on the revised guidelines (Oct 2024) for compounding offences under the Income Tax Act, 1961.
Directors’ Biometric Authentication at Home State GSK
GSTN has announced enhancements in the process of Biometric Authentication, whereby certain Directors shall be facilitated at the Home State GSKs.
GSTN Form ENR-03: Enrolment of Unregistered Dealers in e-Way Bill Portal
GSTN has introduced a new feature (Form ENR-03) in the e-Way Bill (EWB) system to facilitate the enrolment of unregistered dealers involved in the movement of goods.
Tax Rebate Conflict (FM vs. CA Raghav Chadha): Finance Bill 2025
Detailed explanation of the conflict between FM Nirmala Sitharaman and AAP MP CA Raghav Chadha regarding the tax-free income up to Rs 12 lacs in the Finance Bill 2025.
Exemptions Revisited in the Income Tax Bill 2025: A Step Toward Clarity
Proposed Income Tax Bill 2025 aims to streamline exemptions by restructuring Section 10 of the Income Tax Act, 1961. Learn about the simplification measures for clarity and easier compliance.
Key Changes in Salary/House Property Provisions: Income Tax Bill 2025
Income Tax Bill 2025 aims to simplify tax compliance by restructuring the chapters on salaries and house property, reducing redundancies and clarifying key terminologies.
Simplification of TDS/TCS Compliance in Income Tax Bill 2025
Income Tax Bill 2025 streamlines TDS/TCS provisions by merging multiple sections, reducing word count, and retaining current tax rates for easier compliance and clarity.
Key Reforms in Tax Assessments: New Income Tax Bill, 2025
New Income Tax Bill, 2025 simplifies complex assessment procedures by reducing word count/number of sections, consolidating faceless assessments and treatment of VDAs.
RBI Imposes Operational Restrictions at New India Cooperative Bank
Analysis of RBI’s intervention at New India Cooperative Bank, covering supersession of its board, appointment of an administrator, and imposition of strict operational restrictions.