Tax Logic India

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Understanding the New Income Tax Regime Introduced in the 2025 Indian Union Budget

  The 2025 Indian Union Budget brought about significant changes to the  income tax regime, benefiting taxpayers, especially those with lower to middle incomes. The new regime has been designed to provide tax relief and simplify the process, making it easier for individuals to save and plan their finances. Let’s take a closer look at […]

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GST Portal Activates LUT Filing for FY 2025-26

GST Portal Activates LUT Filing for FY 2025-26: Ensure Seamless Exports Without IGST! The Goods and Services Tax (GST) Portal has now activated the functionality for filing the Letter of Undertaking (LUT) for the Financial Year 2025-26. Exporters and suppliers to Special Economic Zones (SEZs) must take note of this crucial update to ensure uninterrupted

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GST + CESS Implications on Sale of Old and Used Vehicles

  (As per NN 04-2025 Dated 16-01-2025) Selling old and used vehicles in India involves various tax implications under the Goods and Services Tax (GST) regime. The tax treatment depends on factors such as the period of ownership, Input Tax Credit (ITC) claims, and valuation methods. This blog simplifies the GST and CESS implications for

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