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.
GSTN Advisory for GST Registration Applicants of Maharashtra/Lakshadweep
GSTN Advisory/Update on Biometric-Based Aadhaar Authentication and Document Verification for Taxpayers (GST Registration Applicants in Maharashtra and Lakshadweep).
RBI Monetary Policy February 2025: Rate Cut, Digital Security Boost, and Market Reforms
Comprehensive coverage of RBI's February 2025 monetary policy: First rate cut in 5 years, new digital security framework, market reforms, and economic projections. Key highlights and industry impact explained.
GSTN Advisory on E-Way Bill Generation for Goods Under Chapter 71
GSTN has issued an Advisory/Clarification dated 06/02/2025 regarding E-Way Bill Generation requirement in the case of Goods falling under HSN Chapter 71.
Budget 2025: Block Assessments and Safe Harbour Expansion (Transfer Pricing)
Discover how the 2025 budget reforms simplify transfer pricing with block assessments and expanded Safe Harbour Rules for reduced compliance burdens.
Key Changes to Goods and Services Tax in Budget 2025
Explore the significant updates to Goods and Services Tax (GST) in the 2025 Union Budget, including amendments to provisions on plant machinery, supply of goods, and appeal processes.
Significant Changes to Personal Taxation in Union Budget 2025
Discover the key updates in personal taxation from the 2025 Union Budget, including new tax slabs, increased TDS thresholds, and changes in tax compliance measures aimed at simplifying taxpayers' …