New Income Tax Act 2025: Section List and Everything You Need to Know India's tax system just went through its biggest makeover in over 60 years. The Income Tax Act, 2025 officially replaced the old Income Tax Act, 1961, and came into force on 1…
This case from the Madras High Court goes deeper than just a “9-day delay.” It highlights the constant tension between strict legal timelines and real human circumstances . 🧾 What Actually Happened? The taxpayer received an adverse GST order and int…
Budget 2026: What Salaried & Middle-Class Taxpayers Really Want This Year As India prepares for the Union Budget 2026 , to be presented by Finance Minister Nirmala Sitharaman , many salaried and middle-class households are watching closely wit…
Draft reply to Show Cause notice (SCN) under Section 74 of GST A Show Cause Notice (SCN) under Section 74 of the GST Act is one of the most serious notices a taxpayer can receive. This section is invoked only when the department alleges fraud, wi…
December 2025 — What’s Changing (and Why It Matters) 📌 Overview As the year-end approaches, December 2025 brings a dense set of financial deadlines and regulatory changes that affect a wide range of people — salaried individuals, pensioners, s…
🧾 New GST Registration System from November 2025 – Key Changes for Small Businesses (Simplified Registration Process Explained) India’s Goods and Services Tax (GST) regime is set to undergo a major transformation from 1 November 2025 . The Gover…