Chronicles of Compressed Compliance in Income Tax
Chronicles of Compressed Compliance in Income Tax The post Chronicles of Compressed Compliance in Income Tax appeared first on The Tax Talk.
Request for Extension of Due Date for Filing of Income Tax Returns for A.Y. 2025-26
Request for Extension of Due Date for Filing of Income Tax Returns for A.Y. 2025-26 To Respected Smt. Nirmala Sitharaman ji The Finance Minister Government of India New Delhi – 110001 Email: nsitharaman@nic.in, fmo@nic.in Respected Sir, Vidarbha Industries Association (VIA), established in 1957, is a premier industry body representing industrialists, business houses, and professionals from the… […]
Intermediary Services to Finally Join the Export Club (Omission of Section 13(8) of IGST Act)
Intermediary Services to Finally Join the Export Club (Omission of Section 13(8) of IGST Act) One of the most debated provisions in the GST law has been Section 13(8)(b) of the IGST Act, 2017, which decided the place of supply for intermediary services. For years, this section created confusion, litigation, and even hardship… […]
Redevelopment: Can a Builder’s Delay Cost You Your Capital Gains Exemption?
Redevelopment: Can a Builder’s Delay Cost You Your Capital Gains Exemption? [Query 1] We had given our old property for redevelopment to a builder. As per the agreement, part of the consideration was paid in cash, while the balance was to be given in the form of a flat. It has now been more… […]
Compliance Calendar for Sept’2025
Compliance Calendar for Sept’2025 INCOME TAX ▪ 07th Sept 2025- Due date for deposit of Tax deducted and collected for the month of Aug 2025. ▪ 14th Sept 2025- Due date for issue of TDS Certificate for tax deducted under section 194-IA/ 194-IB in the month of July, 2025 ▪ 15th Sept 2025- Due date… […]
When Taxes Go Up but Prices Come Down: The Curious Case of SUVs and Big Cars
When Taxes Go Up but Prices Come Down: The Curious Case of SUVs and Big Cars It’s not often that you see taxes climb higher while showroom prices roll down. But that is exactly what has happened with SUVs and other large cars, including several luxury models. After the 56th GST Council meeting, these… […]
Change in the GST Rate on Individual Health Insurance and all Life Insurance products
Change in the GST Rate on Individual Health Insurance and all Life Insurance products The GST Council has made a big change, GST on Individual Health Insurance and GST Council has made a big change, GST on Individual Health Insurance and all Life Insurance products (both Term & Savings) all Life Insurance products (both Term… […]
Press Release of the Landmark 56th GST Council Meeting
Press Release of the Landmark 56th GST Council Meeting The 56th meeting of the GST Council was held on 3rd September, 2025 at Sushma Swaraj Bhavan, New Delhi under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council inter-alia made the recommendations relating to changes in GST tax… […]
FAQ of 56th GST Council Meeting
FAQ of 56th GST Council Meeting 1.When will the changes in GST rates come into force? As per recommendations of the GST Council in its 56th meeting, the changes in GST rates on services and goods other than cigarettes, chewing tobacco products like zarda, unmanufactured tobacco and beedi will be effective from 22nd September, 2025…. […]
Recommendations of the 56th Meeting of the GST Council held at New Delhi, today
Recommendations of the 56th Meeting of the GST Council held at New Delhi, today Next-generation GST reforms, as announced by Prime Minister Shri Narendra Modi from the ramparts of Red Fort on 15th August 2025, represent a strategic, principled, and citizen-centric evolution of a landmark tax framework, which will enhance the quality of life of… […]
