CAclubindia Articles

GST 2.0: Updated GST Rates (Effective 22 Sept 2025) & What They Mean for Your Business

24 September 2025 567 Views

India has introduced GST 2.0 with simplified slabs - 0%, 5%, 18% and 40% bringing big changes for essentials, consumer goods, durables and luxury items. Learn the key rate revisions, item movements, and what MSMEs must do now to update billing, pricing and compliance smoothly.

Income Tax On Gratuity: Exemptions and Limits

Posted by Chaitra Seetharam 24 September 2025 0 Views

This article explains about the IT exemptions on gratuity in India, eligibility criteria, tax rules for government and private employees.

194S TDS Rates on Cryptocurrency and Digital Assets

Posted by Mitali 24 September 2025 0 Views

194S TDS applies when a person transfers VDAs. Know about taxation on Crypto Transactions and who is responsible for deducting TDS on VDAs?

Income Tax Return Refund Status: What Does It Say For AY 2025-26?

Posted by Chaitra Seetharam 23 September 2025 1 Views

Income Tax Return Refund Status - Know what does it say for the Financial Year 2024-25 when you check your status?

9 Days of Navratri, 9 Impacts of GST 2.0

Posted by CA Umesh Sharma 23 September 2025 621 Views

The Government of India has notified major GST reforms, effective 22nd September 2025, simplifying the tax structure into three main slabs - 5%, 18% and 40%.

GST Implications on Write-off of Unclaimed Creditors' Balances

Posted by Akshay Parakh 23 September 2025 8069 Views

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 New Savings Scheme 2025: How to Get Benefits Worth Up to Rs 40 Lakh with Guaranteed Returns

Posted by Pranab Banerjee

23 September 2025 5532 Views

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.

Section 115 BAC of the Income Tax Act as per Budget 2025

Posted by Pranab Banerjee

22 September 2025 1165 Views

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.

Income Tax Audit 2025: Businessmen and CAs Tension, Demand for Deadline Extension

Posted by LegalDev 22 September 2025 14189 Views

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.

Full List of Products with 0% GST from September 22, 2025

Posted by gstregistration.co 22 September 2025 5320 Views

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.