India’s Micro, Small, and Medium Enterprises (MSME) sector as of May 31, 2025:
1. Credit Expansion and Financial Inclusion 2. Policy Reforms and Structural Enhancements 3. State-Level Initiatives 4. Infrastructure and Investment 5. Skill Development and Artisan Support 6. Digital Transformation and Market Access
GST Council Updates
53rd GST Council Meeting Highlights: 🧾 GSTN Portal Enhancements GSTR-1/1A Updates: Biometric Aadhaar Verification: 💸 Refund Process Revisions CBIC Amendments Effective May 2025: ⚖️ Legal and Enforcement Developments 📈 GST Collections
Latest Regulatory Updates for Trusts and NGOs in India – 2025
The regulatory landscape for trusts and non-governmental organizations (NGOs) in India has undergone significant changes in 2025. These updates aim to enhance transparency, streamline compliance, and ensure the effective utilization of resources within the sector. Below is an overview of the key developments: 1. Income Tax Reforms: Introduction of the Income Tax Bill 2025 The […]
New Income Tax Slabs under the Default Regime
Effective from April 1, 2025, the new tax regime has become the default for individual taxpayers. Taxpayers still have the option to opt for the old regime. The revised tax slabs under the new regime are:The Times of India+4Income Tax Department+4Income Tax Department+4Income Tax Department+5ICICI Bank+5ClearTax+5 Additionally, individuals with taxable income up to ₹12 lakh […]
