How to Surrender or Correct Your PAN Card
How to Surrender or Correct Your PAN Card Read More »
Date: November 6, 2025 The GST Network (GSTN) is issuing a crucial advisory to all taxpayers regarding the strict time limit for filing Goods and Services Tax (GST) returns. As per recent changes in the law, you will soon be permanently barred from filing returns that are more than three years overdue. The New Rule The
File Your Pending GST Returns Now Before the deadline expires Read More »
The clock is ticking! The deadline to link your Permanent Account Number (PAN) with your Aadhaar card is fast approaching. Failure to link these two essential documents by December 31, 2025, will result in your PAN becoming “inoperative” starting from January 1, 2026. This deadline applies specifically to the remaining group of PAN holders who obtained their
Your PAN Card Will Be Inoperative from Jan 1, 2026 if Not Linked to Aadhaar! Read More »
The Karnataka State Commercial Taxes Department has issued show-cause notices to nearly 13,000 small businesses and street vendors. These notices are based on discrepancies between digital payment transactions and GST compliance, particularly focusing on data from UPI platforms such as PhonePe, Google Pay, and Paytm. What Triggered the Notices? Over a six-month audit period, the
Nearly 13,000 Small Businesses in Karnataka Receive GST Show-Cause Notices Read More »
Effective from January 1, 2025, the Goods and Services Tax Network (GSTN) has issued updated guidelines for the accurate entry of Receipt Numbers pertaining to Leased Wagons in the E-Way Bill (EWB) system. These instructions aim to ensure streamlined data validation and compliance for taxpayers transporting goods via rail networks, particularly through Leased Wagons. Key
Advisory on Entry of Receipt Numbers for Leased Wagons in the E-Way Bill System Read More »
In a bizarre incident from Chhattisgarh’s Bastar district, a man named Virendra Joshi fraudulently registered under the names ‘Sunny Leone’ and ‘Johnny Sins’ to siphon funds from the Mahatari Vandan Yojana, a government scheme providing ₹1,000 monthly to married women. Joshi managed to receive these payments for ten months before officials detected the irregularity. Upon
Fraudster Registers ‘Sunny Leone’ and ‘Johnny Sins’ to Scam Government Scheme Read More »
Senior citizens in India can avail themselves of several income tax benefits to reduce their tax liability for the financial year 2024-25. Here are some key provisions: 1. Higher Tax Exemption Limits: 2. Deductions Under Section 80TTB: Senior citizens can claim a deduction of up to ₹50,000 annually on interest income from savings accounts, fixed
The 54th GST Council meeting, chaired by Union Finance Minister Smt. Nirmala Sitharaman, brought about several pivotal recommendations aimed at fine-tuning India’s GST regime. Attended by key officials and ministers from various states, the meeting resulted in decisions on tax rates, trade facilitation, and procedural improvements, benefiting both businesses and consumers. Here are some of
Key Highlights from the 54th GST Council Meeting Read More »
The Jammu and Kashmir Startup Policy 2024 marks a significant step towards fostering innovation and entrepreneurship in the region. This policy aims to create a vibrant startup ecosystem by providing necessary support and incentives to budding entrepreneurs. The policy is designed to nurture startups through various stages of their development, from ideation to scaling up.
Jammu and Kashmir Startup Policy 2024: A Comprehensive Overview Read More »