News

ICAI has released FAQs clarifying auditors’ opinions on financial statements, types of modified opinions, and UDIN reporting requirements.

ICAI Releases FAQs on Auditor’s Opinion in Financial Statements

Notifications

The Ministry of Finance has issued a new comprehensive Customs Notification (No. 45/2025) consolidating and replacing several older notifications dating back to 1957.

FM Replaces Multiple Old Custom Notifications for Simplified Tariff Structure

Articles

The last date of filing the income tax audit report and ITR of Audit cases for FY 2024-25 is October 31, with almost 5 days left

ITR and Tax Audit due date will not be extended: File Before 31st October

A government panel led by Cabinet Secretary Rajiv Gauba has proposed major reforms to ease compliance, reduce costs, and simplify regulations for MSMEs in India.

Big Compliance Relief for Small Businesses; Govt Panel Proposes Multiple Changes in MSMEs' Regulation

The Central Government amends CGST rate notification No. 26/2018, effective November 1, 2025, updating the definition of ‘Nominated Agency’.

Central Government Notifies Amendment in CGST Rate Notification No. 26/2018

Government amends definition of Nominated Agency for import of precious metals [Read Notification]

Understand the latest GSTR-9/9C FY 2024-25 amendments, with new tables, auto-populated sections, and tips to simplify filing while reducing errors and compliance risks before the December 31 deadline.

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ICAI Releases FAQs on Auditor’s Opinion in Financial Statements

FM Replaces Multiple Old Custom Notifications for Simplified Tariff Structure

ITR and Tax Audit due date will not be extended: File Before 31st October

Big Compliance Relief for Small Businesses; Govt Panel Proposes Multiple Changes in MSMEs' Regulation

Government amends definition of Nominated Agency for import of precious metals [Read Notification]

GSTR-9/9C FY 2024-25: Key Updates, New Tables and Filing Insights Ahead of Dec 31 Deadline