October 2025 – Tax Calendar

  7th Oct ​Due date for deposit of Tax deducted/collected for the month of September, 2025 7th Oct ​Uploading of declarations received in Form 27C from the buyer in the month of September, 2025​ 15th Oct Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, 194-M & 194S  in the month of August, 2025 15th […]

Indirect Tax News Letter

GST Calendar –Compliances for the month of September ’2025   Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’)  October 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’)  October 10, 2025 GSTR-1  October 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) October 13, 2025 GSTR-6 Input Service Distributor October 13, 2025 GSTR-2B (Auto Generated Statement) October 14, 2025 […]

RNM Tax Alert – Direct Tax Part for September 2025

CBDT extends due date for filing tax audit report for AY 2025-26 to 31-10-2025 The CBDT vide Press release dated 25.09.2025; has extended the due date for furnishing the report of audit under any provision of the Income-tax Act, 1961 for the Assessment Year 2025-26. The due date is extended to 31st October 2025. CIRCULAR NO. 13/2025 [F. NO. 275/09/2025-IT(BUDGET)], […]

September 2025 – Tax Calendar

7th Sep ​Due date for deposit of Tax deducted/collected for the month of August, 2025 7th Sep ​Uploading of declarations received in Form 27C from the buyer in the month of August, 2025​ 14th Sep Due date for issue of TDS Certificate for tax deducted under section 194-IA, 194-IB, 194-M & 194S  in the month of July, 2025 15th Sep […]

Indirect Tax News Letter

GST Calendar –Compliances for the month of August ’2025   Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’)  September 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’)  September 10, 2025 GSTR-1  September 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) September 13, 2025 GSTR-6 Input Service Distributor September 13, 2025 GSTR-2B (Auto Generated Statement) September 14, 2025 […]

RNM Tax Alert – Direct Tax Part for August 2025

NOTIFICATION G.S.R. 555(E) [NO. 133/2025/F. NO. 370142/27/2025-TPL], DATED 18-8-2025 The CBDT notifies monetary limits for salary u/s 17(2)(iii) & tax-free medical treatment abroad.  For the purposes of item (c) of sub-clause (iii) of clause (2) of section 17 of the Act, the prescribed income under the head “Salaries” shall be four lakh rupees. For the purposes of clause (vi) of Proviso […]

Blackstone Acquires South City Mall for $377 Mn

Global investment giant Blackstone has acquired South City Mall in Kolkata for $376.8 million (around INR 3225 crores) from South City Projects (Kolkata) Ltd, a joint venture of six prominent Kolkata-based real estate families, including the Emami, Rameswara, Shrachi, Sureka, Merlin, and JB Groups. Launched in 2006, the 1 million sq. ft. mall is one of eastern India’s largest retail […]

Indirect Tax Updates June 2025

Gujarat High Court – Addwrap Packaging Pvt. Ltd. & Anr. v. Union of India & Ors. Facts: Rule 96(10) restricted the ability of certain exporters to claim IGST refunds on exports made under LUT (Letter of Undertaking) or payment of tax, if they or their suppliers availed certain customs/GST exemptions (e.g., Advance Authorization, EPCG, EOU). The petitioners had exported goods […]

Direct Tax Updates for June 2025

CBDT notified ‘376’ as Cost Inflation Index (CII) for Financial Year 2025-26 The CBDT vide Notification No. 70/2025, dated 01-07-2025, has notified ‘376’ as the Cost Inflation Index (CII) for the Financial Year 2025-26. CIRCULAR F. NO. 225/37/2025/ITA-I, DATED 13-6-2025 The CBDT vide circular dated 13.06.2025; issues guidelines for mandatory selection of returns for complete scrutiny in FY 2025-26. Important […]

Brookfield Eyes Tripling India Assets To $100 Bn In Five Years

Brookfield Asset Management plans to triple its India investments to $100 billion (around INR 8,52,908 crores) in five years, driven by strong growth and demand in infrastructure and clean energy. The firm has already invested $12 billion (around INR 102,390 crores) each in infrastructure and real estate, and $3 billion (around INR 25,599 crores) in clean energy projects. Brookfield sees […]