HK Associates & Co.

11/04/2026

31/03/2026

🚨 URGENT REQUIREMENT – DELIVERY BOY 🚨
We are hiring Delivery Boys for immediate joining.
📍 Requirements:
✔ Must have own Two-Wheeler
✔ Valid Driving License
✔ PAN Card & Aadhaar Card compulsory
💰 Salary:
➡ Depends on number of deliveries per day
➡ More delivery = More earnings
📌 Location: (Add your location here)
📞 Contact:
9864870534 / 7002780712
📧 [email protected]
⚡ Freshers can also apply
⚡ Immediate joining

30/03/2026

**HK Newz**
❖ Ministry of Finance Detailed Parliament About GST Exemption on Insurance
Premiums.
The Ministry of Finance informed Parliament that GST exemption on
individual life and health insurance policies (effective 22.09.2025) is set to
significantly reduce premium costs by removing the 18% tax burden.
This move, based on recommendations of the GST Council, aims to boost
affordability and expand insurance coverage, especially among underserved
populations.
The reform aligns with the Government’s vision of Insurance for All and Viksit
Bharat 2047, promoting financial inclusion and risk protection across India.
The Insurance Regulatory and Development Authority of India is actively
monitoring insurers to ensure full pass-through of GST benefits, with companies
confirming no increase in premiums post-exemption.

30/03/2026

30/03/2026

🚨 URGENT VACANCY – ACCOUNTANT (2 POSTS) 🚨
We are hiring Accountants for the following locations:
📍 Guwahati (Dhirenpara)
📍 Lanka
💼 Position: Accountant
👥 Vacancies: 2
✅ Eligibility:
Freshers can apply
Basic knowledge of Tally required
⏳ Note:
First 1 month will be a Provisional Period
📞 Contact: 9864870534 / 7002780712
📧 Email: [email protected]

22/03/2025

GST Waiver Scheme (SPL 01/02) Filing Issues – Important Update from

It has been brought to the notice of that taxpayers are facing issues while filing SPL 01/02 waiver applications, including
✅ Order/payment details not auto-populating
✅ Issues with DRC-03 adjustments & Payment Towards Demand
✅ Appeal withdrawal challenges

is working for resolving the issues!!

📌 Important Clarification:
❌ 31.03.2025 is NOT the last date to file SPL-01/02 waiver applications.
✅ 31.03.2025 – Last date for tax payment (Use Payment Towards Demand or DRC-03A to link DRC-03 payments).
✅ 30.06.2025 – Last date to file SPL 01/02 waiver applications.

📢 Don't Panic! If facing issues, raise a grievance on the GST portal.

04/03/2025

In the landmark judgment of Radhika Agarwal v. Union of India, the Supreme Court has upheld the constitutional validity of GST arrest provisions. However, it clarified that GST officers are not equivalent to police officers and must adhere to due process. The court emphasized that arrests under GST must follow the statutory guidelines of the Code of Criminal Procedure (CrPC), ensuring fairness and protecting taxpayer rights. This ruling strikes a balance between tax enforcement and individual safeguards.

15/02/2025

❖ Tax Research Unit of CBIC issued clarificatory circular no. 247/04/2025-GST
dated 14th Feb 2025 on 5 issues regarding GST rates & classification (goods)
based on the recommendations of the GST Council in its 55th meeting held on
21st December, 2024, at Jaisalmer.
These 5 issues are:-
1. Classification and GST rate on pepper of genus piper.
2. Clarification regarding raisins supplied by agriculturists.
3. Clarification regarding GST rate on ready to eat popcorns.
4. Classification and GST rate on fly ash based autoclaved aerated concrete
blocks.
5. Effective date of amended entry regarding ground clearance.

Description for CBICWebPortal

14/02/2025

❖ Finance Minister tabled The New Income-tax Bill, 2025 in Parliament yesterday.
The Income-tax Bill, 2025 was tabled in Parliament marking a significant step
toward simplifying the language and structure of the Income-tax Act, 1961.

11/02/2025

For allegedly availing ineligible , Vedanta Ltd. has been slapped with penalties totaling ₹141.36 crores. The -listed company has received two demanding the amount, applicable interest, and penalties.

11/02/2025

1. GST on Renting/Leasing of Property: Since GST was introduced in 2017, renting or leasing of non-residential (commercial) property has been subject to 18% GST under the forward charge mechanism (i.e., the supplier/landlord collects and remits GST).

2. Change in Tax Mechanism: In its 54th GST Council Meeting, the government decided to shift the GST on commercial property rentals from forward charge to reverse charge (i.e., the recipient/tenant had to pay GST instead of the supplier). This change was implemented via Notification No. 09/2024-CT(R) dated 08.10.2024.

3. Impact on Composition Dealers: This change negatively impacted businesses under the Composition Scheme because they cannot claim Input Tax Credit (ITC) on the GST paid under reverse charge.

4. Relief in 55th GST Council Meeting: On 21.12.2024, the GST Council decided to exempt Composition Scheme taxpayers from this reverse charge requirement. This was formalized through Notification No. 07/2025-CT(R) dated 16.01.2025.

**Key Takeaway
Normal taxpayers must still pay GST under reverse charge on renting/leasing of commercial property from unregistered persons.
Composition taxpayers are exempted from this requirement, reducing their tax burden.

11/02/2025

GST evasion of ₹1.88 lakh crore detected by CGST officers during April-Dec
2024. In the first drive against fake registration, 21,808 non-existing GSTINs
were found and ₹24,357 crore worth of tax evasion detected.