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26/03/2026

25/09/2025

CBDT Extends Audit Report Filing Deadline!
CBDT has extended the audit report filing date for AY-2025-26 from 30th Sept to 31st Oct 2025, giving businesses extra time for compliance.

16/09/2025

The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025.

The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRs for AY 2025-26 from 15th September, 2025 to 16th September, 2025.

To enable changes in the utilities, the e- filing portal will remain in maintenance mode from 12:00 AM to 02:30AM on 16th September 2025.
Press Release issued:

15/09/2025

Today has been the worst Last Date Experience with the ITR portal! 😩💻

Returns are ready to go, but the portal is just not letting us file! ⚠️ With only 2 1/2 hours left on the clock, it's chaos out here. The glitches have reduced efficiency, and now we're all facing massive pendency. 🕐

Anyone else feeling this pain today? 🙋🏽‍♂️🙋🏽‍♀️ It's crunch time, but the system is holding us back.

Drop your thoughts below. How many returns have you been able to file today? Or are you stuck just like me? 👀

💥 💥

11/09/2025

ITR Deadline What Every Taxpayer Should Know

The last date to file Income Tax Returns (ITR) for FY 2024–25 (AY 2025–26) is 15 September 2025.

A late filing fee is levied if the return is furnished after the specified due date. A fee of ₹5,000 is payable for returns filed after the due date.

However, in cases where the total income does not exceed ₹5 lakh, the late fee is restricted to ₹1,000.

In addition, a delay in filing attracts 1% interest per month on the pending tax amount, in addition to the late filing fee.

06/09/2025

Deadline is near, File your ITR on time to avoid penalty
Last date to file Income Tax Return (ITR) for Financial Year 2024-25 (Assessment Year 2025-26) without late fees is 15th September 2025.

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03/09/2025

Confused about Next-Gen GST?
Is it just hype or actually helpful?
We've got the answers you're looking for: straight,

03/09/2025

GST 2.0: Reduced Rates from the 56th GST Council Meeting

Below is an item-wise breakdown of key reductions, based on the announcements.

Items Now at 0% GST (Previously Taxed)
- Ultra-High Temperature (UHT) milk, chena or paneer, pizza bread, khakhra, chapathi or roti
- 33 life-saving drugs and medicines, including cancer treatments and medications for rare diseases
- Individual life insurance and health policies
- Maps, charts, globes, pencils, sharpeners, crayons, pastels, exercise books, notebooks, erasers

Items Reduced to 5% GST (From 12% or 18%)
- Hair oil, shampoo, toothpaste, toilet soap, toothbrush, shaving cream
- Butter, ghee, cheese, dairy spreads, namkeens, packaged snacks like bhujia and mixtures
- Packaged foods such as pasta, cornflakes, biscuits, chocolates, cocoa products, sausages, meat preparations, fish products, malt extract-based foods
- Dry fruits and nuts including almonds, pistachios, hazelnuts, cashews, dates
- Sugar, confectionery items like toffees and candy, sugar syrups
- Vegetable oils, animal fats, edible spreads
- Household items: utensils, tableware, kitchenware, bicycles, umbrellas, hair pins
- Baby products: feeding bottles, napkins for babies, clinical diapers
- Health and medical: thermometer, medical-grade oxygen, diagnostic kits, glucometer and test strips, corrective spectacles
- Agriculture and machinery: tractor tyres and parts, tractors, specified bio-pesticides, micro-nutrients, drip irrigation systems, sprinklers, agricultural/horticultural/forestry machines for soil preparation
- Other essentials: packaged drinking water, nuts, certain footwear and apparel up to ₹2,500

Items Reduced to 18% GST (From 28%)
- Buses, trucks, ambulance
- All auto parts (uniform rate

New 40% GST Slab (For Sin and Luxury Goods)
- Aerated water, carbonated beverages, caffeinated drinks, non-alcoholic beverages
- Motorcycles with engine capacity above 350cc
- Helicopters, yachts
- High-end cars (specific luxury models)

These reforms focus on easing the burden on common households.

04/06/2025

The Income Tax Department this time has tightened its filing process, making fraudulent tax deductions significantly harder to execute. The updated Income Tax Return (ITR) utilities—ITR-1 and ITR-4—now demand granular proof for deductions across key sections of the Income Tax Act.

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