07 Aug, 2025
GST and UPI awareness campaign in Bengaluru: What you need to know The GST and UPI awareness campaign in Bengaluru is a joint initiative by CBIC and NPCI to promote tax compliance and digital payment adoption. Conducted across key trade hubs, this outreach aims to educate traders, MSMEs, and consumers on correct GST invoicing and […]
Read More07 Aug, 2025
July Sees Uptick, But UP’s GST Growth Stays Negative Uttar Pradesh GST collection improved sharply in July 2025, clocking ₹10,767 crore, up from ₹9,643 crore in July 2024 — a healthy 11.64% year-on-year growth. However, this recovery masks a deeper issue: the state’s cumulative GST revenue for FY 2025 remains in the red, down –0.44% […]
Read More07 Aug, 2025
ICAI Certificate Issuance Checklist for CAs: Everything You Need Chartered Accountants issuing certificates must follow ICAI certificate issuance checklist to avoid legal or disciplinary consequences. From UDIN to format and verification, here’s a complete guide based on ICAI guidelines, circulars, and expert inputs. Why a Certificate from a CA Is Legally Sensitive A certificate issued […]
Read More07 Aug, 2025
Intro:The New Income Tax Bill 2025 is expected to be introduced in Parliament on August 11, aiming to simplify the 1961 Act. Let’s break down what this means for you. Why a New Income Tax Bill Now? Key Focus Areas of the New Bill Area Likely Change Tax Regimes May shift focus entirely to new […]
Read More07 Aug, 2025
Summary The Karnataka Government has reconstituted its GST Authority for Advance Ruling (AAR) by appointing new members. This move is set to impact how GST advance rulings are handled in the state and may influence taxpayers seeking clarity on GST classification, valuation, or applicability. Karnataka GST AAR Reconstituted: Key Update for Taxpayers The Karnataka GST […]
Read More07 Aug, 2025
India’s ₹30,444 Cr Undisclosed Income Haul: What It Means for Taxpayers The focus keyphrase undisclosed income FY25 has made headlines after the Income Tax Department detected ₹30,444 crore of undisclosed income through 465 surveys during FY 2024–25. This sharp increase in tax enforcement activity signals one thing: the department is serious about widening the tax […]
Read More07 Aug, 2025
Facing GST Attachment? Here’s Where to Go First When a taxpayer faces GST attachment of bank accounts or property, the first instinct is to rush to the court. But a recent Delhi High Court ruling has clarified the legal route: approach the GST Commissioner first, not the court. This blog simplifies the procedure, legal basis, […]
Read More07 Aug, 2025
K. Moses Chalai May Become the Next Finance Secretary K. Moses Chalai, currently Secretary of the Department of Public Enterprises (DPE), is being considered for appointment as the next Finance Secretary of India, according to recent reports. This move comes at a crucial time when India’s fiscal and administrative priorities are under close scrutiny ahead […]
Read More07 Aug, 2025
Authorised Officers under Section 25 of FSS Act play a critical role in ensuring food imports comply with Indian safety norms. CBIC has issued updated guidelines for these officers under Section 47(5) of the FSS Act, 2006 and Regulation 13(1) of the FSS (Import) Regulations, 2017. This blog breaks down what it means for importers […]
Read More07 Aug, 2025
Export of Services: Why Contract Matters More Than Beneficiary Location Under Indian tax laws, export of services enjoys several benefits, including zero-rated GST and income tax relief. However, disputes often arise when beneficiaries are located in India. The recent CBDT and court observations make it clear — contractual relationship governs taxability, not where the service […]
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