CAclubindia News

ICAI Releases CA Foundation, Intermediate & Final Admit Cards for September 2025 Exams

26 August 2025 at 10:23

The Institute of Chartered Accountants of India (ICAI) has officially released the admit cards for the upcoming Chartered Accountancy (CA) Foundation, Intermediate & Final exams scheduled for September 2025.

Posted in Students | 2016 Views

Chartered Accountant and his Associate Booked for Rs 217 Crore GST Scam Using Forged Signatures

26 August 2025 at 09:44

Navrangpura police have booked a chartered accountant and his associate in Ahmedabad for allegedly defrauding a businessman of Rs 217 crore through forged signatures and bogus GST transactions.

Posted in GST | 5460 Views

CBDT Panel Recommends Tougher Benami Law With Wider Data Access for IT Department

26 August 2025 at 09:38

Centre may tighten Benami law with Aadhaar, property, and vehicle data access for tax officials, stricter rules for shell firms and dummy directors.

Posted in Income Tax | 1506 Views

Centre Braces for Rs 40,000 Crore Revenue Loss as GST Overhaul Nears

26 August 2025 at 09:35

Centre braces for Rs 40,000 crore revenue loss as GST reforms shift to two slabs of 5% and 18%.

Posted in GST | 1380 Views

Income Tax Raids NGOs Across 6 States, Uncover Rs 800 Crore CSR Fund Misuse

26 August 2025 at 09:21

Income Tax raids on NGOs across 6 states expose Rs 800 crore CSR misuse and Rs 10,000 crore bogus remittances abroad; probe still underway.

Posted in Income Tax | 936 Views

GST Council May Roll Out New Rate Slabs by September 22, Ahead of Festive Season

26 August 2025 at 09:12

GST Council may roll out new two-slab GST rates around September 22 to boost festive demand, with cuts likely after its September 3-4 meeting.

Posted in GST | 2193 Views

ITAT Patna Grants Tax Relief on Rs 4.5 Crore Property Sale Despite Filing Error

25 August 2025 at 09:10

ITAT Patna grants major relief to taxpayer, allowing Rs 4.5 crore property sale exemption despite the wrong section being claimed. Tribunal rules substance over form, citing CBDT's 1955 circular.

Posted in Income Tax | 1815 Views

Police Arrest Four for Impersonating Income Tax Officers, Extorting Citizen at Gunpoint

25 August 2025 at 09:03

Surendranagar police arrested four men posing as income tax officers for extorting valuables at gunpoint. Cash, gold, and SUVs worth over Rs 24 lakh seized; three accused still absconding.

Posted in Income Tax | 336 Views

GST Rationalisation: Real Estate Sector Poised for Major Boost

25 August 2025 at 08:54

The GoM on GST rationalisation has approved a two-slab structure of 5% and 18%, removing 12% and 28% rates. Experts say the move could cut housing costs, boost buyer sentiment, and improve transparency in India's real estate sector.

Posted in GST | 3963 Views

FMCG Distributors Seek Clarity from Finance Minister on GST Rate Transition

25 August 2025 at 08:49

FMCG distributors urge Finance Minister to issue guidelines on GST rate cuts, warning of supply chain disruption, margin pressure and ITC concerns during the transition.

Posted in GST | 1 comments | 5967 Views