M B A S & Company, Chartered Accountants

📢 ICAI Important Announcement
CA Exams – Sept/Nov 2026

📝 Apply at
🔗 https://eservices.icai.org
📄 For more detailshttps://resource.cdn.icai.org/92035exam020526.pdf

🚨 Big Update: IBC Amendment 2025 Passed

The Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 to improve India’s bankruptcy system.

🔹 Key Changes:
✔ Faster resolution (strict timelines)
✔ Pre-pack insolvency extended beyond MSMEs
✔ Cross-border insolvency introduced
✔ More power to lenders (CoC)
✔ Group insolvency for companies
✔ Better protection for homebuyers & small creditors

📊 Why it matters?
This will help in quicker recovery of loans, reduce delays, and improve ease of doing business in India.

💼 For Professionals:
Good opportunity in insolvency advisory, restructuring & compliance.

The new GST reforms mark a significant step towards simplification and transparency:
🔹 Fewer tax slabs, with clearer classification
🔹 Pre-filled returns for reduced compliance burden
🔹 Lower rates on essentials, higher on luxury/sin goods
🔹 Streamlined refund and appellate mechanisms

For businesses, this means it’s time to:
✅ Re-align product/service classifications
✅ Update billing & ERP systems
✅ Review ITC claims carefully
✅ Ensure smooth communication of pricing changes

At MBAS & Company, we are committed to guiding our clients through this transition and ensuring full compliance under the new framework.

🌟📊 Prosperity in finances, positivity in life – Happy Navratri from MBAS & Company! 📊🌟
Regrads
CA BRIJESH JINDAL

& company # finance advisor

# GST Update # finance advisor # chartered accountants

# finance advisor # charterted accountants # mbas & company # gst

"Just as Lord Ganesha removes obstacles, may He help us overcome financial challenges and lead us toward growth, clarity, and prosperity.
Happy Ganesh Chaturthi