The Haryana AAR has ruled that writing off unclaimed creditors' balances does not attract GST, as it is not a "supply" under the CGST Act, 2017. This article explains the implications for Input Tax Credit (ITC), risks of double taxation and key takeaways for businesses managing GST compliance.
Post Office launches a new savings scheme in 2025 with guaranteed returns and tax benefits. Start small, save consistently and build up to Rs 40 lakh safely with government-backed security.
Discover the features of Section 115BAC of the Income Tax Act, the default new tax regime from FY 2023-24. Learn about revised slabs, higher standard deduction, available exemptions and how to switch between old and new tax regimes.
With the September 30, 2025 Income Tax Audit deadline approaching, only 8% audits are done. CAs and traders demand deadline extension due to workload, delays and festivals.
From September 22, 2025, GST Council’s reform brings 0% GST on food items, stationery, medicines, oxygen and insurance. Check the full Zero GST product list.
GST Notification No. 9/2025-CT(Rate) consolidates all HSN-wise GST rates into one framework, effective September 22, 2025. Check new schedules, slabs and compliance details.
Income Tax for Senior Citizens provides a complete overview of tax slabs applicable to senior citizens and super senior citizens in India.
Exempted income in income tax in India - Learn which incomes are exempt from tax but mandatory to report in ITR.
Invoice Management System is a new feature that helps businesses to track and manage invoices efficiently.
Explore employer-based retirement benefits: understand superannuation types, exemption limits and tax advantages.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English