Latest Updates
Tax & GST Updates 2024-25 |
Income Tax, Compliance News – SNR Tax Care
Get the latest Income Tax, GST, TDS, and business registration updates.
SNR Tax Care provides expert guidance on compliance deadlines, new rules,
and filing changes for individuals and businesses in India.
SNR Tax Care provides expert guidance on compliance deadlines, new rules,
and filing changes for individuals and businesses in India.
Recent updates & notifications
New
ITR Forms AY 2024-25 released
ITR Forms AY 2024-25 released
Income Tax Department has notified updated ITR-1 to ITR-7 forms for Assessment Year 2024-25. Key changes include new disclosures for foreign assets and capital gains reporting.
Income Tax · June 2025
Updated
GST rate revisions effective July 2025
GST rate revisions effective July 2025
GST Council approved rate changes on select goods and services. Insurance premium GST reduced to 5%. Review your invoicing system for impacted categories.
GST · July 2025
Reminder
TDS return filing – Q1 FY 2025-26
TDS return filing – Q1 FY 2025-26
Due date for Q1 TDS/TCS return (Form 24Q, 26Q, 27Q) is 31st July 2025. Late filing attracts ₹200/day penalty under Section 234E.
TDS Compliance · July 2025
New
MSME Udyam re-registration mandatory
MSME Udyam re-registration mandatory
Enterprises registered under EM-Part II or UAM must re-register on the Udyam portal. Old certificates will be invalid for government benefits after the cutoff date.
MSME / Udyam · 2025
Updated
DSC validity — Class 3 certificate now mandatory
DSC validity — Class 3 certificate now mandatory
Class 2 Digital Signature Certificates are no longer issued. All new and renewal DSCs for MCA, GST, and Income Tax filings require Class 3 certificates.
Digital Signature · 2025
Upcoming compliance deadlines
