CAclubindia Articles

Income Tax Act 2025: Highlights, Slab Rates & Provisions

LegalDev 25 August 2025 at 08:23

The Income Tax Act 2025, effective from 1 April 2026, replaces the 1961 Act with simplified provisions, new tax slabs, the concept of "tax year," consolidated TDS rules and recognition of digital assets for taxation.

Perquisite & Overseas Medical Exemption Become Tax-Free under Rule 3C and 3D for Salaried Employees

Mitali 23 August 2025 at 15:21

Learn about Rule 3C & Rule 3D under the 2025 Income Tax 2nd Amendment - Govt raises tax-free limits for perks and overseas treatment. Rule 3C and 3D bring major relief to salaried employees.

Pensioners Above 60, 75 and 80: Hidden Tax Benefits To Save Thousands And Skip Filing

Mitali 23 August 2025 at 12:32

Know which pensioners can skip ITR filing or who gets exemption and key tax benefits under Income Tax Act. Rules by age, income type are also explained.

Relevant Section / Rules - GST Registration Exemptions: Complete Legal and Practical Overview

Pooja Garg 23 August 2025 at 08:45

Learn about GST registration thresholds, exemptions, and notifications under the CGST Act. Understand turnover limits, special category states, and categories of persons not required to register.

The Enforceability of Non-Compete Clauses in India: Section 27 and Judicial Precedents

Affluence Advisory 23 August 2025 at 08:40

Understand the enforceability of non-compete clauses in India under Section 27 of the Indian Contract Act, 1872. Explore key judgments, employment restrictions, and exceptions in commercial contracts

Technological Innovations in GST Inspection and Seizure

Abhishek Raja 23 August 2025 at 08:38

Explore GST inspection, search, and seizure under Section 67 of the CGST Act. Learn how technology like AI, blockchain, and digital records can enhance transparency, reduce misuse and streamline enforcement.

Penalty Provisions in the Online Gaming Bill, 2025

Srinidhi S 22 August 2025 at 11:21

The Promotion and Regulation of Online Gaming Bill, 2025 bans online money games while regulating social games and e-sports. Learn about penalties, industry impact and key provisions of the new law.

Foreign Direct Investment (FDI) Rules for Starting a Company in India: A Detailed Guide

Kapil kumar 22 August 2025 at 08:34

In the past few years, India's business landscape has witnessed a remarkable shift and has emerged as a global destination for investment. This shift has taken..

GSTR-3B ITC Utilization Glitch: Why Trusting the Portal Can Be Risky

Joseph Amal T A 22 August 2025 at 08:30

A GST portal glitch is allowing wrong ITC set-offs during GSTR-3B filing, creating compliance risks for taxpayers. Learn the legal rules, risks and safeguards.

GST + Income Tax: Rules for Small Traders Above Rs 25 Lakh Receipt

Ayush 21 August 2025 at 17:03

Maintaining proper books of accounts is crucial for GST and Income Tax compliance. Learn why small traders must keep records, key requirements under GST & IT Act, types of books to maintain, and the risks of non-compliance.