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The CBDT circular announcing the due date extension specifies that the due date itself, as provided under Section 139(1), has been extended from July 31, 2025, to September 15, 2025

The CBDT circular announcing the due date extension specifies that the due date itself, as provided under Section 139(1), has been extended from July 31, 2025, to September 15, 2025

Understanding Taxes and GST: A Beginner’s Guide

Introduction: Types of Taxes in India Before we dive into GST, it’s important to first understand the two major types of taxes in India. Taxes are broadly classified into: 1. Direct Taxes Direct Taxes are levied directly on individuals or organizations based on their income or profits. These taxes cannot be shifted to another person, […]