Thakur Tax Consultant

🚨 Big Update for Anyone Renting a Home in India - The New Rent Agreement Act 2025 Changes EVERYTHING.

If you’re a tenant or a landlord, these rules will impact your daily life:

• Your rent agreement must be online + digitally stamped, and filed within 60 days. No more vague paper contracts.
• Security deposit capped - max 2 months’ rent for homes, 6 months for commercial spaces.
• Rent hike only after 12 months, and only with a 90-day written notice.
• If you complain about major repairs, the landlord must fix them within 30 days, else you can adjust the cost from rent.
• Landlords can’t just “drop in” - 24-hr written notice is mandatory.
• Eviction needs a legal order from the Rent Tribunal - no forced eviction, no cutting water/electricity, no threats.
• Police verification is compulsory before a tenant moves in.
• Disputes and eviction cases must be resolved within 60 days by the Tribunal.

In simple words:
This Act brings transparency for landlords, safety for tenants, and finally puts an end to India’s “verbal rental agreements era.”

If you rent or plan to rent in 2025 - this is the update you cannot afford to miss. 🏠✨

Akhil Singh Tax & Account's Consultant Akhil Tax Consultant

Key Points on Simplified GST Registration Scheme

The 56th GST Council has recommended an optional "Simplified GST Registration Scheme" effective from 01-Nov-2025.

Under this scheme, registration will be granted automatically within 3 working days to applicants classified as "low-risk" and to those who self-assess their output tax liability on B2B supplies to not exceed ₹2.5 lakh per month.

The documentation requirements remain as per FORM GST REG-01.

🎯Conditions for Availing the Scheme
The eligibility for this expedited, three-day registration process is based on the following conditions:

✅️Low-Risk Applicants: The scheme is available to applicants identified as low risk based on data analytics and risk parameters set by the department.

✅️Self-Assessed Output Tax Liability: Applicants who, based on their own assessment, determine that their output tax liability on supplies made to registered persons will not exceed ₹2.5 lakh per month. This limit includes CGST, SGST/UTGST, and IGST.

✅️Optional Scheme: It is not mandatory. Applicants can choose either the simplified process or the standard registration process.

✅️Automated Grant of Registration: For eligible applicants, the registration shall be granted automatically within three working days of the application submission date.

Key Statutory Due Dates — October 2025
• 31st October 2025 is the last date for:
1. Furnishing the Tax Audit Report under Section 44AB of the Income-tax Act, 1961.
2. Filing the Income-tax Return (ITR) for assessees to whom tax audit is applicable.
3. Filing the Income-tax Return (ITR) for all companies, irrespective of turnover or applicability of tax audit.
• 30th October 2025 is the last date for filing Form 8 (Statement of Accounts and Solvency) for Limited Liability Partnerships (LLPs) for the financial year 2024–25.

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Thanks & Regards
Akhil Tax Consultant
Thakur Tax Consultant