CBIC Instructions for processing GST registration
These instructions address long-standing grievances regarding excessive documentation demands and arbitrary clarifications sought by GST officers during the registration process.
West Bengal Introduces New Digital Submission System for Profession Tax Return Filers
In a major step towards streamlining tax return submissions and reducing paperwork, the Commissioner of Commercial Taxes and Profession Tax, Government of West Bengal, has issued a new directive to simplify the return filing process for registered employers under the West Bengal State Tax on Professions, Trades, Callings and Employments Rules, 1979.
CBDT extends date of filing of Income Tax Returns
It has been decided that the due date for filing of ITRs, originally due on 31st July, 2025, is extended to 15th September, 2025.
IMS Mandatory in Rajasthan Govt Depts from May 25, 2025
Rajasthan Finance Dept mandates use of Inventory Management System (IMS) under IFMS 3.0 in all departments; rollout begins May 25, 2025.
Income Tax (Ninteenth Amendment) Rules 2025
These amendments aim to enhance compliance, simplify processes, and align with global standards.
MoF Amennds Securities Contracts Rules to Clarify Investments
The Finance Ministry amended Rule 8 of the Securities Contracts Rules, 1957, clarifying when broker investments count as business. Effective May 19, 2025.
CBIC celebrates ‘Sundays on Cycle’ – A fitness and GST awareness initiative
In the run-up to completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the FIT INDIA Movement, organised a nationwide cyclothon titled “Sundays on Cycle” under the aegis of FIT INDIA movement launched by the Prime Minister.
Assam issues New Professional Tax Slabs for Salaried Class
Assam updates professional tax for salaried employees. New slabs with revised monthly rates effective from April 1, 2025.
Puducherry Issues New FTCL Wages with Effect from Jan 2025
Puducherry revises daily wages for Full Time Casual Labourers following DA hike to 55%. New rates effective from January 1, 2025.
West Bengal Shifts Professional Tax Return Filing Online
WB Govt mandates e-filing of professional tax returns. Return page must be signed and uploaded; no hard copies or challans to be submitted
