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Big Relief for Fitness Lovers: GST Council Proposes lower 5% Tax on Gyms, Salons & Yoga Services

The 56th meeting of the Goods and Services Tax (GST) Council was held at Sushma Swaraj Bhavan in New Delhi on September 03, 2025, chaired by Union Finance Minister Nirmala Sitharaman, has brought...

Big Relief for Fitness Lovers: GST Council Proposes lower 5% Tax on Gyms, Salons & Yoga Services
Kavi Priya

56th GST Council Meeting: Expectations of Citizens, Businesses, and Tax Professionals

The 56th meeting of the Goods and Services Tax (GST) Council is scheduled to be held in New Delhi on September 3 and 4, 2025. Finance Minister Nirmala Sitharaman will chair the session, with state...

56th GST Council Meeting: Expectations of Citizens, Businesses, and Tax Professionals
Manu Sharma

Karnataka Garment and Hosiery Industry Urges Uniform 5% GST on Apparel and Inclusion of Petroleum

The Karnataka garment and hosiery industry has called for major changes to the Goods and Service Tax ( GST ) Act, urging the GST Council to set a uniform 5% tax on all apparel and hosiery products...

Karnataka Garment and Hosiery Industry Urges Uniform 5% GST on Apparel and Inclusion of Petroleum
Sneha Sukumaran Mullakkal

Malad Chamber of Tax Consultants seeks Extension of Due Dates for Filing of ITR and Audit Reports for AY 2025-26, submits representation to FM

The Malad Chamber of Tax Consultants (MCTC), a prominent association of tax professionals, has urged the Union Finance Ministry and the Central Board of Direct Taxes (CBDT) to extend the due dates...

Malad Chamber of Tax Consultants seeks Extension of Due Dates for Filing of ITR and Audit Reports for AY 2025-26, submits representation to FM
Manu Sharma

IBC Amendment Bill 2025 Promises Quicker Debt Resolutions and Stronger Creditor Power: Know More [Read Bill]

The government has introduced a major reform to India’s insolvency framework with the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. Presented in the Lok Sabha by Finance Minister Nirmala...

IBC Amendment Bill 2025 Promises Quicker Debt Resolutions and Stronger Creditor Power: Know More [Read Bill]
Kavi Priya

Income Tax Bill 2025: New Changes Homeowners, Salaried People, Investors Should Know

The Ministry of Finance under the Indian government has presented the revised Income Tax Bill 2025 in Parliament, replacing the earlier version that was withdrawn last week. Finance Minister Nirmala...

Income Tax Bill 2025: New Changes Homeowners, Salaried People, Investors Should Know
Kavi Priya

Updated Income Tax Bill tabled at Lok Sabha: No Changes to "Accountant" Definition [Read Bill]

Finance Minister Nirmala Sitharaman today introduced the Income-tax (No. 2) Bill, 2025 in the Lok Sabha, replacing the earlier February draft that the government withdrew last week. The revised...

Updated Income Tax Bill tabled at Lok Sabha: No Changes to Accountant Definition [Read Bill]
Manu Sharma

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