GST Waiver Scheme SPL Application Issue 2025 Overview of GST Waiver Scheme SPL Application Issue 2025 The Goods and Services Tax Network (GSTN) has officially announced issues being faced while filing SPL 01 and SPL 02 applications under the current Waiver Scheme. This information aims to alert taxpayers and tax professionals about the technical glitches impacting the submission and processing of these forms. This update primarily affects those applying for late fee waivers, interest exemptions, […]

CBDT Notification: Section 138 Income Tax Act, 2025 Overview of Section 138 Income Tax Notification 2025 On March 14, 2025, the Central Board of Direct Taxes (CBDT) officially designated the Additional Chief Secretary (Information Technology), Government of Maharashtra, as an authorized officer under Section 138(1)(a)(ii) of the Income-tax Act, 1961. This designation empowers Maharashtra’s IT department to access income-tax-related information for governance and policy-making, aligning with government-to-government data-sharing norms while ensuring confidentiality under relevant clauses. […]

Pink Tax & Gender Pay Gap: How It Affects Women’s Financial Independence The Silent Surcharge: Pink Tax and How It Eats into Women’s Earnings Understanding the Pink Tax: A Hidden Cost on Women’s Finances Have you ever noticed that products and services marketed to women often cost more than similar ones for men? This hidden price disparity, known as the pink tax, is an invisible financial burden placed on women for everything from personal care […]

GST Registration for Professional Landlords: When Do You Need to Register? Do You Need to Register for GST as a Professional Landlord? Are you earning rental income from commercial properties? If your income crosses a certain threshold, you may be required to register for GST and charge tax on rent. Understanding GST rules for landlords is essential to avoid penalties and ensure compliance. 🚀 Let’s break it down step by step. GST Registration Threshold for […]

Income Tax Deduction from Salaries in Financial Year 2024-25 Under Section 192 – A Complete Guide Understanding income tax deductions from salaries is crucial for both employers and employees. The Income Tax Act, 1961, under Section 192, governs how tax is deducted at source (TDS) from salaried individuals. The Financial Year 2024-25 brings several amendments, including revised tax slabs, exemptions, and deductions introduced through various Finance Acts. This guide will simplify the latest tax provisions […]