CAclubindia News

GSTR-1/1A Table 12 Bifurcated: B2B and B2C HSN Data to Be Reported Separately from May 2025

29 May 2025 at 09:35

Table 12 of GSTR-1/1A has now been bifurcated into two distinct sections, mandating separate HSN-wise reporting for Business-to-Business (B2B) and Business-to-Consumer (B2C) outward supplies.

Posted in GST | 2445 Views

ICAI Extends Deadline to Submit CPE Self-Declaration for 2024 Unstructured Learning Activities to 31st May 2025

29 May 2025 at 09:31

In a significant relief to its members, the ICAI has extended the last date to submit the Self-Declaration Form for claiming CPE Hours under Unstructured Learning Activities (ULA) for Calendar Year 2024 to 31st May, 2025.

Posted in Professional Resource | 1377 Views

CBDT Kicks Off Massive Training Drive Ahead of New Income Tax Bill Implementation

28 May 2025 at 09:15

In anticipation of the landmark Income Tax Bill being passed, the CBDT has launched a detailed implementation program to ensure a seamless transition to the new legal framework.

Posted in Income Tax | 1 comments | 2364 Views

Delhi GST Zone Sets Up Grievance Redressal Cell to Resolve Registration Issues

28 May 2025 at 09:11

The Office of the Principal Chief Commissioner, CGST & Central Excise, Delhi Zone, in a significant step toward improving taxpayer experience and ensuring procedural transparency, has issued Trade Notice No. 01/2025 dated May 23, 2025

Posted in GST | 213 Views

CBDT Extends ITR Filing Due Date from 31st July to 15th September for AY 2025-26

27 May 2025 at 17:08

CBDT has extended the ITR filing deadline for AY 2025-26 from July 31 to September 15, 2025, providing taxpayers additional time to comply with updated return filing requirements.

Posted in Income Tax | 11427 Views

EPFO Confirms 8.25% Interest on Provident Fund Deposits for FY25

27 May 2025 at 09:11

The Government of India has approved an interest rate of 8.25% on Employees' Provident Fund (EPF) deposits for the financial year 2024-25.

Posted in Corporate Law | 1362 Views

Gujarat GST Department Uncovers Rs. 15 Crore Tax Evasion in Manpower Services Sector

27 May 2025 at 09:07

The Gujarat State GST Department conducted a series of coordinated search operations on May 2, 2025, targeting seven manpower service providers operating across Mehsana, Ahmedabad and Junagadh districts.

Posted in GST | 321 Views

KYC Update in Bank Accounts to Get Simpler: RBI Draft Guidelines

26 May 2025 at 11:01

The Reserve Bank of India (RBI) has invited public and stakeholder feedback on a draft circular proposing revised guidelines for the updation and periodic updation of Know Your Customer (KYC) details.

Posted in Others | 585 Views

Ministry of Finance Hosts DRT-DRAT Colloquium to Boost Debt Recovery Mechanism

26 May 2025 at 09:27

Department of Financial Services (DFS), Ministry of Finance organises a colloquium of Chairpersons of Debt Recovery

Posted in Income Tax | 150 Views

Supreme Court Grants Relief to Paytm's First Games in Rs 5,712 Crore GST Dispute

26 May 2025 at 09:24

In a significant relief for Paytm-owned First Games, the Supreme Court of India has stayed proceedings related to a Rs 5712 crore GST notice issued by the DGGI, New Delhi.

Posted in GST | 1887 Views