Clipped from: https://www.business-standard.com/finance/personal-finance/no-gst-on-insurance-a-loss-for-policyholders-what-the-math-shows-125091700975_1.html Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on
Day: September 17, 2025
Irdai Chairman Ajay Seth launches Bima Sugam India Federation website | Insurance News – Business Standard
Clipped from: https://www.business-standard.com/finance/insurance/irdai-chairman-ajay-seth-launches-bima-sugam-india-federation-website-125091701252_1.html The website was launched in the presence of industry CEOs, senior IRDAI officials, and the Bima Sugam leadership team at the IRDAI headquarters
OTS scheme not a borrower’s right without upfront payment: Supreme Court | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/ots-scheme-not-a-borrower-s-right-without-upfront-payment-supreme-court-125091701267_1.html Apex court rules SBI justified in rejecting OTS plea for non-compliance with 5% deposit condition Allowing SBI’s appeal, the apex court held that
*****CBDT issues SOP to track capital gains from JDAs, reports due Oct 31 | Industry News – Business Standard
lipped from: https://www.business-standard.com/industry/news/cbdt-sop-capital-gains-jda-october-deadline-125091701218_1.html CBDT has issued an SOP for field officers to track capital gains from JDAs using RERA data, cross-checking with ITRs and requiring reports
*****ITR deadline gone: How a slight mismatch can lead to tax notices; key things to note – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-deadline-gone-how-a-slight-mismatch-can-lead-to-tax-notices-key-things-to-note-494372-2025-09-17 Even small mistakes in your Income Tax Return (ITR), like missing a few thousand rupees of interest income, can trigger a notice from
ICAI Requests Clarification on GST Appeal Jurisdiction
Clipped from: https://taxguru.in/goods-and-service-tax/icai-requests-clarification-on-gst-appeal-jurisdiction.html This letter from the Institute of Chartered Accountants of India (ICAI) to the Central Board of Indirect Taxes & Customs (CBIC) outlines concerns
ICAI: Suggestions To Enhance Efficacy of GST Adjudication
Clipped from: https://taxguru.in/goods-and-service-tax/icai-suggestions-enhance-efficacy-gst-adjudication.html The Institute of Chartered Accountants of India (ICAI) has identified several issues in the GST adjudication process. These include the last-minute issuance of
ICAI’s Suggestions on Practical Issues in GST
Clipped from: https://taxguru.in/goods-and-service-tax/icais-suggestions-practical-issues-gst.html The Institute of Chartered Accountants of India (ICAI), a statutory body established by an Act of Parliament, has identified and proposed solutions for
Transferring to wife’s account = Tax savings or trap? The taxman may still bill you – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/transferring-to-wifes-account-tax-savings-or-trap-the-taxman-may-still-bill-you-494263-2025-09-16 “Can I transfer money to my wife’s account and save tax?” is a question many taxpayers ask. At first glance, it looks like
Post ITR filing guide: What taxpayers should do after September 16 deadline – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-deadline-2025-refund-e-verification-belated-filing-penalties-494281-2025-09-16 After completing your tax payment for ITR 2025, it’s important to confirm that the transaction was successful. The e-filing portal provides a Challan