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🌐 GST reforms 2.0

GST 2.0 reforms

India’s Goods and Services Tax (GST) has matured since 2017. In 2025 the GST Council fast-tracked a major rationalisation — scrapping 12% and 28% GST slabs and rolling out a broader package called GST 2.0 reforms. Announced as a “Diwali…

🚨 High-Value Transactions Can Invite IT Scrutiny?

🚨 High-Value Transactions Can Invite IT Scrutiny?

High-value financial transactions—like large cash deposits, property deals, or luxury purchases—are under the Income Tax Department's watch. Learn how to stay compliant, avoid notices, and safeguard your finances with expert guidance from C.P. Agrawal & Associates.

 🚨 Tax Audit Alert for AY 2025–26: MSME Reporting in Form 3CD

Tax Audit Alert for AY 2025–26: MSME Reporting in Form 3CD has undergone significant changes, impacting how businesses disclose payments to Micro, Small, and Medium Enterprises (MSMEs). In this detailed update by C.P. Agrawal & Associates, CA Khushi Sharma, Senior Associate, breaks down the revised Clause 22 of Form 3CD. Understand the new disclosure requirements under Sections 15 and 23 of the MSMED Act, learn how delayed payments affect tax deductions, and ensure your audit reporting stays compliant. This guide is essential for tax professionals and businesses aiming to navigate the updated compliance landscape for AY 2025–26.

Budget 2025: Major Changes to Section 194-I TDS Structure 🏢💡

Infographic illustrating the key changes in Section 194-I TDS structure from Budget 2025. The image features a professional, clean layout with icons representing tax documents, rent, and real estate. It includes the heading 'Budget 2025: Simplified Rent TDS Changes' along with bullet points summarizing key updates such as increased threshold limits for TDS, streamlined tax rates, and simplified compliance measures for rent taxation.

The Union Budget 2025 introduces major changes to Section 194-I of the Income-tax Act, simplifying the TDS process on rent payments. In this detailed analysis by C.P. Agrawal & Associates, Accounts Executive Sandeep Kumar Mourya breaks down the new rules that exempt monthly rent payments up to ₹50,000 from TDS deductions. He explains how shifting from an annual to a monthly threshold benefits smaller landlords and tenants, streamlining tax compliance for both individuals and businesses. The guide also outlines the impact of these changes effective from April 1, 2025.

TDS on Sale of Property by NRI: A Comprehensive Guide 🏡💰

TDS on Sale of Property by NRI: A Comprehensive Guide 🏡💰

Selling property in India as an NRI involves critical tax implications, especially concerning TDS (Tax Deducted at Source) under Section 195 of the Income Tax Act, 1961. In this comprehensive guide by C.P. Agrawal & Associates, CA Khushi Sharma, Senior Associate, explains the nuances of TDS on property sales by NRIs. Learn about the correct TDS rates for Long-Term and Short-Term Capital Gains, the importance of obtaining a TAN (Tax Deduction Account Number), and the necessity of forms like 15CA & 15CB. The guide also covers how NRIs can claim refunds on excess TDS and leverage exemptions under sections 54 and 54EC.

🚨In-Depth Analysis of Union Budget 2025 Live!🚨