CAclubindia Articles

GST 3.0: Major Reforms Ahead as FM Sitharaman Promises Consumer Benefits

gstregistration.co 08 September 2025 at 08:36

In an interview, FM Sitharaman outlined GST 3.0 reforms, benefits for consumers, GST on fuel, impact on education & insurance, and why One Nation One GST is still a challenge.

GST Relief or an Illusion: The Unseen Costs of GST Rate Restructuring

CA Shubhi Khandelwal 06 September 2025 at 08:45

The GST Council's new two-slab reform (5% & 18%) simplifies the tax structure but brings hidden costs. With ITC withdrawal and sectoral anomalies, hotels, salons, insurance, garments, and footwear may see higher prices despite lower GST rates.

The New Rate of GST: Full List and Rate Chart Effective from 22 September 2025

Pranab Banerjee 06 September 2025 at 08:43

Discover the new GST rates effective from 22 September 2025. Learn how reduced taxes on food and medicines, higher levies on luxury goods, and simplified compliance rules will impact consumers, businesses, and the economy.

56th GST Council Meeting Updates: Key GST Rate Changes Effective September 2025

CA Varun Gupta 06 September 2025 at 08:35

Discover key highlights of the 56th GST Council Meeting held in New Delhi. Effective from September 22, 2025, the latest GST rate changes bring exemptions, reductions, and structural reforms across food, healthcare, energy, automobiles and services.

Determination of Effective Tax Rate and Time of Supply when there is a Change in Tax Rate

K Seeta Rajani 05 September 2025 at 17:02

GST rate revisions effective from 22nd September 2025 bring crucial changes in determining the Time of Supply under Section 14.

Modi Ji's Leadership Lessons for a New India - Part I

Raj Jaggi 05 September 2025 at 16:53

IntroductionBorn on 17th September 1950, Narendra Modi Ji, our Honourable Prime Minister, has risen from humble beginnings to become one of the most admired lea..

Wife Receives Rent but Property in Husband's Name: Hidden Tax Trap

Mitali 05 September 2025 at 13:13

Know how the rental agreements in a spouse’s or children's name impact tax with legal provisions and how AI can traces Tax Evasion.

Property and Cash Received as Gifts: How To Report in ITR?

Poojitha Raam Vinay 05 September 2025 at 12:36

Learn the tax rules on gifts in India under Section 56(2)(x) of the Income Tax Act. Know which gifts are exempt, when they become taxable, and how to report them in your ITR to ensure compliance and avoid scrutiny

Crypto Reporting in ITR: Rules and Filing Tips

Chaitra Seetharam 05 September 2025 at 11:19

Learn how newly introduced disclosures and schedules in your ITR help ensure accurate reporting of crypto income.

GST Rate Changes on Passenger Bus Services: 56th GST Council Meeting

CA Varun Gupta 05 September 2025 at 08:50

From 22 September 2025, GST on passenger transport and motor vehicle rentals will follow a dual rate structure - 5% with restricted ITC or 18% with full ITC. Learn the revised rules, rate comparisons, and compliance guidelines from the 56th GST Council meeting