CBIC introduces system-based auto-approval for IFSC code registration to enhance Ease of Doing Business Posted On: 07 OCT 2025 4:11PM by PIB Delhi In another step towards streamlining Customs procedures and enhancing trade facilitation, the Central Board of Indirect Taxes and Customs (CBIC) has introduced system-based auto-approval for IFSC code registration to enhance Ease of… Read More »
Union Finance Minister Smt. Nirmala Sitharaman launches nationwide financial awareness campaign “आपकी पूँजी, आपका अधिकार” in Gandhinagar today “Unclaimed deposits not mere entries on paper; they represent the hard-earned savings of ordinary families”- Union Finance Minister “The 3As Strategy of Awareness, Accessibility and Action to be the guiding principles of the campaign”- Smt. Nirmala Sitharaman… Read More »
New FASTag rules from November 15, 2025. New Payment Option: Drivers without a valid FASTag can now pay tolls using the Unified Payment Interface (UPI). Penalty Charge: The UPI payment will be 1.25 times the standard toll fee. Effective Date: This new rule will come into effect on November 15, 2025. Cash Payments: Vehicles paying… Read More »
Withdrawal of circular No. 212/6/2024-GST dated 26th June, 2024 – reg. Circular No. 253/10/2025 – GST F. No. CBIC-20001/3/2025-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing North Block, New Delhi Dated the 1st October, 2025 To The Principal Chief Commissioners / Chief Commissioners… Read More »
Smart Year-End Tax Moves: How Fixed Deposits Can Help You Stay Ahead As the year winds down, smart taxpayers know it is not just about wrapping gifts. It is also about wrapping up finances. Proactive tax planning now can reduce surprises and improve savings when tax season arrives. For individuals and small business owners seeking… Read More »
Invoice-wise Reporting Functionality in Form GSTR-7 on portal-reg Sep 26th, 2025 Vide Notification No. 09/2025 – Central Tax dated 11.02.2025, Form GSTR-7 was amended to enable capture of invoice-wise reporting of tax deducted at source (TDS). In this regard, it is informed that the functionality for invoice-wise reporting in GSTR-7 has now been made operational… Read More »
Professional Development Committee The Institute of Chartered Accountants of India September 20, 2025 ANNOUNCEMENT FOR EXTENSION OF LAST DATE FOR SUBMITTING MEF 2025-26 FROM 26th SEPTEMBER TO 10th OCTOBER, 2025 In order to give adequate time to members to submit MEF, it has been decided to extend the last date for submitting the MEF from… Read More »
Circular No. 14/2025 :Extension of timelines for filing of various reports of audit for Financial Year 2024-25 (relevant to Assessment Year 2025-26) by auditable assessees Circular No.14/2025 F. No. 225/131/2025/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, dated 25th September 2025 Subject: – Extension of… Read More »
Circular No. 252/09/2025 -GST F. No. GST/INV/DIN-Utility/2022-23 Government of IndiaMinistry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) New Delhi, Dated – 23rd September 2025. Subject: Communication to taxpayers through eOffice – requirement of Document Identification Number (DIN) – reg. Attention is invited to Board’s Circular No. 122/41/2019- GST dated 05th… Read More »
MINISTRY OF FINANCE (Department of Economic Affairs) (FINANCIAL MARKETS DIVISION) NOTIFICATION New Delhi, the 24th September, 2025 S.O. 4358(E).— In exercise of the powers conferred by clause (c) of sub-section (1) of section 5 of International Financial Services Centres Authority Act, 2019 (No. 50 of 2019), the Central Government hereby makes the following further amendment… Read More »