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 »
Ministry of Finance DFS releases detailed FAQs on the tax treatment under UPS; NPS Tax Benefits applicable to UPS Posted On: 23 SEP 2025 8:05PM by PIB Delhi The Unified Pension Scheme (UPS) was notified by the Ministry of Finance, Government of India, vide Notification No. F. No. FX-1/3/2024-PR dated 24.01.2025. The scheme is applicable… Read More »
Government of India and ADB sign $125 million loan to upgrade urban services in Assam Ministry of Finance Government of India and ADB sign $125 million loan to upgrade urban services in Assam Project will benefit 360,000 residents of Assam by delivering continuous metered water supply and upgrading stormwater management systems Project will enhance urban… Read More »
Ministry of Finance Frequently Asked Questions-3 (FAQs-3) on the decisions of the 56th GST Council held in New Delhi Posted On: 18 SEP 2025 11:00AM by PIB Delhi Q1. In which notification will I find the CGST rates changes for goods? Is a new Notification being issued? You will find the changes in CGST rates… Read More »
Ministry of Finance Frequently Asked Questions (FAQs) on the decisions of the 56th GST Council held in New Delhi Posted On: 03 SEP 2025 11:28PM by PIB Delhi 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… Read More »
Ministry of Finance India’s Sovereign Rating Upgraded to BBB+ (Stable) by Rating and Investment Information, Inc. (R&I), Japan This is third such upgrade of India by a sovereign credit rating agency this year, following S&P’s upgrade to ‘BBB’ (from BBB-) in August 2025 and Morningstar DBRS’ upgrade to ‘BBB’ (from BBB (low)) in May 2025Three… Read More »