by Team SKM | May 5, 2025 | ITR, News
The Central Board of Direct Taxes (CBDT), on May 1, 2025, officially announced the release of the updated Income Tax Return Form ITR-5 for the Assessment Year 2025–26. This latest version of the form includes several important modifications that align with the changes...
by Team SKM | May 2, 2025 | ITR, News
The Income Tax Department has released ITR Forms 1 and 4 for AY 2025–26. The last date to file returns for FY 2024–25 is July 31, 2025. ITR-1 is for resident individuals with income up to ₹50 lakh from salary, one house property, and other sources. ITR-4 is for...
by Team SKM | May 1, 2025 | News
GST revenue reached an all-time high of ₹2.37 lakh crore in April, marking a 12.6% year-on-year increase, according to official government data released on Thursday. This surpasses the previous second-highest collection of ₹2.10 lakh crore recorded in April 2024,...
by Team SKM | Apr 29, 2025 | News
The Uttar Pradesh government is preparing to approve the UP Leather and Footwear Policy-2025. Officials stated that the draft has been finalized and will soon be presented to the Cabinet for approval. READ MORE AT
by Team SKM | Apr 28, 2025 | News
India is creating an indigenous foundational AI model, trained on a wide range of Indian datasets and designed to enable reasoning in Indic languages, according to Vivek Raghavan, founder of Sarvam AI — the company chosen by the Government of India to develop...
by Team SKM | Apr 26, 2025 | News
The government has notified the rules for the Goods and Services Tax Appellate Tribunal (GSTAT), making e-filing and hybrid hearings mandatory. Urgent matters filed before noon will be listed the following day, ensuring faster dispute resolution. With benches set up...