ICAI secures global practice rights for Indian CAs under India-UK Free Trade Agreement.
FM Sitharaman confirms 100% FDI in insurance to boost sector growth; government rules out any changes to crypto tax or GST on flex-fuel vehicles. Key updates also include smart meter progress, ADP fund allocation and GST collection trends.
The Supreme Court is set to conclude hearings on the online gaming GST dispute, deciding whether 28% GST applies retrospectively on the full value of bets, impacting companies like Dream11, Gameskraft, and MPL.
The Ministry of Finance has notified a 0.1% concessional government guarantee fee for NaBFID borrowings from multilateral and foreign institutions, boosting access to low-cost funds for infrastructure development.
The Income Tax Department has released the offline and online utilities for ITR-3 filing for AY 2025-26. Taxpayers with income from business or profession can now file their returns using updated tools via the e-filing portal.
ICAI will host its Convocation on 25th August 2025 across major cities to award Certificates of Membership/COP to new CAs enrolled between Jan 1 and July 15, 2025, and felicitate CA Final rank holders from Nov 2024 and May 2025 exams.
A 25-year-old Gurugram man, Dheeraj Kansal, died by suicide in a Delhi Airbnb flat after inhaling helium gas. His emotional Facebook note revealed years of inner turmoil and requested no one be blamed. Police are investigating.
CGST clerk in Nagpur was caught stealing sensitive tax files and selling them as scrap for Rs 5,000. CCTV footage led to his suspension and a departmental inquiry, raising serious data security concerns.
Government confirms 18% GST on User Development Fees collected by airlines, as clarified in Lok Sabha on July 28, 2025, following a query by MP Shri Matheswaran V S.
MP G. Kumar Naik has raised concerns that the proposed amendments to the Income Tax Act may negatively impact Chartered Accountants.
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