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 The Goods and Services Tax (GST) framework in India continues to evolve, enhancing transparency, accountability, and compliance for all registered taxpayers. In its latest update, the GST Network (GSTN) has made a significant change for TDS deductors . Starting September 2025 , invoice-wise reporting has become mandatory in GSTR-7 , the return filed by TDS deductors under GST . This new requirement emphasizes detailed reporting and aims to bring greater accuracy in tax credit reflection and reconciliation. This blog will help you understand the importance , impact , and steps for compliance under this new rule. 🧾 What is GSTR-7? GSTR-7 is a monthly return that must be filed by taxpayers who are required to deduct tax at source (TDS) under GST. Typically, these include: Government departments Local authorities Public sector undertakings (PSUs) Other notified entities The return contains details of: TDS deducted TDS paid to the government TDS li...

The Ministry of Corporate Affairs (MCA) has recently announced an important update for company directors across India. Through General Circular No. 04/2025 dated 29th September 2025 , the MCA has extended the due date for filing DIR-3 KYC and DIR-3 KYC-WEB without any filing fees. The new due date is now 15th October 2025 , offering a valuable extension for directors to complete their KYC compliance without incurring additional costs or penalties. This extension comes as a welcome relief to thousands of directors and companies who were rushing to meet the earlier deadline of 30th September 2025 . Based on stakeholder feedback and industry representations, the MCA decided to provide additional time to ensure smooth compliance and avoid last-minute technical issues. 🔍 Understanding DIR-3 KYC Every individual who has been allotted a Director Identification Number (DIN) and is marked as ‘Approved’ is required to file their KYC details annually with the MCA. This is done using eithe...