CA Naveen Garg

Chartered Accountant

[Basu-CA & RV @Basappamv]

When Nirmala Sitaraman Announced, "I am now happy to announce that there will be no income tax payable up to income of Rs 12 lakh under the new regime".
Further in press meet she deliberated this is 12.75 Lakhs for the salaried class.

But it pained me lot since I belong to the actual income taxpayer's community of 2%, since this benefit is not applicable to this community, when the Rs.250000 exemption under old regime available for all individual taxpayers, why not this benefits available to only to income earners less than 12/12.75 Lakhs only.
What is the sin of this 2% community?

Is earning for the country and self-more than 12/12.75 Lakhs is a crime?

What kind of logic and rule says that the if your income increases certain limit you have to pay the tax basic exemption?

This kind of illogical disparity not existed Africa third world countries or in America

I am not blaming here finance minister, it is all play of the bureaucracy, which is hell bent on secure their earning.

Many public sector employees come under this category including DRDO, Army, Banks, Teachers, professors etc., their only source of income is this salary and unlike tax officials they don't have under the table earning.

Take example of an individual earning 13 Lakhs has to pay Rs. 78,000 and whereas another individual earning 12 Lakhs no need to pay even a penny, what kind of justice and equality is this?
This just purely an illogical law brought by some kind of bureaucratic legacy nothing else. That Rs.78000 matter more for everyone including earning in crores.

punishing tax contributors shall not be the state policy

This write up is from a genuine CA someone convey to media head of Finance Ministry Mr. Rishibagree

#incometaxindia #incometax

[Ajay Gupta @ajayguptaca]

Thanks @MCA21India for removing annual DIR-3 KYC 👍

Earlier:
✔️ DIR-3-KYC or DIR-3-KYC-WEB
✔️ Annual filing every year

Now (w.e.f. 31-03-2026):
🔹 Filing once every 3 years (by 30 June)
🔹 Mandatory update within 30 days of any change

A welcome rationalisation. ✔️

[Dinesh Wadera @dineshwadera]

Mr. Kumar Mangalam Birla shared his inspiring Chartered Accountancy journey with Mr. Amitabh Bachchan on a historic episode of Kaun Banega Crorepati.
A moment filled with pride and inspiration for the CA community!

[CA Naveen Garg @CANaveen8]

@Sudhirhalakhndi Happy birthday sir 🎂💐

[Basu-CA & RV @Basappamv]

Thank you Judges specially Karnataka and Rajasthan high courts for making this to happen.

At least you have acknowledged the issues portal and late notifying forms.

#extend_ITR_TAR_duedates #Extend_Due_Date_Immediately #extend_due_dates_immediately

[Basu-CA & RV @Basappamv]

We, have “ministry of Ego” .
Which does all shorts of misadventures and still ends blaming taxpayers and tax professionals.

#TaxAuditExtension #TaxAudit

[Rohit Jain @rohitjain2021]

#taxauditextension

[Abhas Halakhandi @AbhasHalakhandi]

📢 Humble appeal for Tax Audit Due Date Extension
⚠️Unrealistic Deadline-Risk to Auditors’ Health/Life

📌Expecting 2 months’ work to be finished in just 14 days is an impractical expectation from auditors. Till 16th September, every auditor was fully engaged in ITR filing compliance.

📌Earlier also each time, whenever ITR dates were extended, Audit dates too were extended as it is well-known that auditors are responsible not only for audits but also engaged in ITR filing.

📌Today, the immense pressure of an unrealistic deadline has created a situation where professionals are forced to working day & night under extreme stress
Such stress may unfortunately lead to mis-happenings which cannot be undone.

📌We sincerely request that the due date be extended before this undue pressure results in irreparable damage or before the collective request of professionals/taxpayers takes an unwanted turn.

@IncomeTaxIndia @FinMinIndia @nsitharamanoffc - Either you are unaware of the immense pressure auditors are facing or are choosing to ignore it. Both situations are equally worrying!!

🙏 Kindly extend the due date and relieve professionals from this unsustainable stress

#ExtendTaxAuditDueDate #Extend_Due_Date_Immediately

[CA Naveen Garg @CANaveen8]

#ExtendTaxAuditDueDate

[SURESH PATEL @SURESH_PATEL282]

@nsitharaman @narendramodi
#ExtendTaxAuditDueDate

[Ajay Gupta @ajayguptaca]

Let’s Retweet, Share & Speak in One Voice.

✊ If united, we can make the Govt. listen.

We, CAs, call for an immediate & fair extension of Tax Audit deadlines.

@IncomeTaxIndia @nsitharamanoffc

#TaxAudit #ExtendTaxAuditDueDate #TaxAuditExtension #GSTReforms #INDvsPAK

[CA Naveen Garg @CANaveen8]

#ExtendTaxAuditDueDate

[Ravinder Rathi Adv. @Ravinder_Rathi4]

#TaxAudit

CBDT -
📢 Audit is not a speed test, it’s a quality test.

#ExtendTaxAuditDueDate
#Extend_TAR_DueDate
#extend_TAR_Due_Date

[CA Naveen Garg @CANaveen8]

@abhishekrajaram Congratulations sir 🎉💐

[CA Naveen Garg @CANaveen8]

"India lost, but Test cricket won!"
#INDvsENG

[CA Naveen Garg @CANaveen8]

@AbhasHalakhandi Happy CA Day 💐💐

[CA Himank Singla @CAHimankSingla]

Important Update for Practicing CAs :

✅ As per the latest update, Auditor’s Opinion is now mandatory for all UDINs generated on the portal.

✅ The portal screenshot is attached herewith for the kind reference.

UDIN was introduced to curb fake certifications & ensure authenticity of CA attestation.

Now asking for KAM, EOM, Other Matter details defeats the very purpose it seems and UDIN is itself now a mini audit report.

Time to rethink ?

[Dr Kumar Vishvas @DrKumarVishwas]

एक बेहद आवश्यक संदेश। सुने, समझें और सब तक पहुँचाएँ 🇮🇳💪🏼
“आज पूरा देश पूरे लाम पर है,
जो जहाँ पर है वतन के काम पर है..।”🙏
https://t.co/BPLAn13tt0

[CA Naveen Garg @CANaveen8]

लहरों का शोर नहीं, सागर का 'शान्त' सुनो
जीवन में कुछ बड़ा करना है, तो एकान्त चुनो

~प्रह्लाद पाठक

[CA Naveen Garg @CANaveen8]

@CAHimankSingla

[Ministry of MSME @minmsme]

In exercise of powers conferred by section 9 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006) and read with section 15 of the said Act, the Central Government hereby directs that all companies who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed forty five days from the date of acceptance or the date of deemed acceptance of the goods or services as per the provisions of the said Act, shall submit a half yearly return to the Ministry of Corporate Affairs stating the following:
(a) the amounts of payments due; and
(b) the reasons of the delay.

#MSME #MSMEs

[CA Naveen Garg @CANaveen8]

@abhishekrajaram I have paid and got an email with WhatsApp link .