CAT, Cuttack, has imposed a Rs 20,000 cost on a CBIC officer for non-compliance in the suspension case of Deepak Niranjan Nath Pandit, directing submission of a full compliance report or personal appearance on December 11, 2025.
UPI transactions hit a record 20.7 billion worth Rs 27.28 trillion in October 2025, driven by festive spending and GST 2.0 relief measures.
The Finance Ministry's September 2025 Economic Review warns that global uncertainties may dampen external demand, even as GST cuts, structural reforms, and strong domestic demand continue to support India’s growth momentum.
Government notifies Banking Companies (Nomination) Rules, 2025, effective Nov 1 enabling e-nomination for deposits, lockers, and safe custody items.
Key nomination provisions under the Banking Laws (Amendment) Act, 2025 to take effect from Nov 1, allowing up to 4 nominees and ensuring transparent claim settlements.
UPI recorded its highest-ever single-day transaction value this Diwali, hitting Rs 1.02 lakh crore across 754 million transactions. NPCI data shows India’s festive season driving record digital payments, credit card growth, and fintech innovation.
Union Finance Minister Nirmala Sitharaman urges rural banks, including Karnataka Grameena Bank, to boost credit for agriculture, allied sectors and MSMEs, focusing on financial inclusion and rural economic growth
CBI recovers cash, luxury vehicles, properties, and documents from NHIDCL Executive Director in Assam bribery case; accused remanded to 3 days police custody.
Ministry of Finance notifies new PMLA rules allowing SEBI-registered intermediaries to upload and update KYC data via KRAs or directly on the CKYC Registry, streamlining compliance and data sharing.
FM Nirmala Sitharaman launches "आपकी पूँजी, आपका अधिकार" campaign to help citizens trace and reclaim unclaimed deposits, insurance, and mutual fund balances.
Online GST Course - Master the Fundamentals of GST with Practical Insights
CAclubindia
