CAclubindia News
RBI guidelines ensure multilingual customer communication and a quicker grievance redressal by banks
13 August 2025 at 08:47The Reserve Bank of India (RBI) mandates banks to communicate with customers in Hindi, English and the regional language, ensuring clarity and accessibility.
JioFinance App Launches Rs 24 Self-Service ITR Filing Feature
12 August 2025 at 17:25JioFinance App, with TaxBuddy, launches a new ITR filing feature offering regime comparison, deduction mapping & expert-assisted tax planning.
Income Tax Department Warns Taxpayers Against Phishing Emails Promising Refunds
12 August 2025 at 09:18Income Tax Department warns taxpayers about phishing emails promising refunds from fake address donotreply@incometaxindiafilling.gov.in; advises not to click suspicious links and report scams.
ICAI Launches Practical Guide to GST Disputes to Empower CAs in Litigation and Representation
12 August 2025 at 09:13ICAI releases Practical Guide to GST Disputes to help Chartered Accountants master GST litigation, evidence handling, appeals, and representation, updated till May 31, 2025.
Tax Consultant Booked for Misusing Client's GST Number in Rs 73 Lakh Fraud Case
12 August 2025 at 09:07Jawahar Nagar police in Chhatrapati Sambhajinagar have booked a tax consultant for allegedly misusing a client's GST number to execute fraudulent transactions worth Rs 73.63 lakh
Taxation Laws (Amendment) Bill, 2025 Introduced in Lok Sabha
12 August 2025 at 09:04The Taxation Laws (Amendment) Bill, 2025, introduced in Lok Sabha by FM Nirmala Sitharaman, proposes tax exemptions for Unified Pension Scheme payouts, enhances standard deduction and refines search case block assessments.
State to Tighten GST Scrutiny After Rs 3000 Crore ITC Fraud Cases Surface
12 August 2025 at 08:52State to intensify GST checks after Rs 3000 crore ITC frauds; high-turnover dealers face stricter registration, tighter monitoring and special audits.
Excise & GST Teams Raid Over a Dozen High-End Salons in City for Alleged GST Evasion
12 August 2025 at 08:46Excise & GST teams raid 12+ luxury salons in city over alleged 18% GST evasion; records seized, inspections to expand, penalties likely for violators.
ICAI Expands Mandatory Scope of Audit Quality Maturity Model (AQMM) and Introduces Public Disclosure of AQMM Levels
12 August 2025 at 08:39ICAI widens AQMM v2.0 scope from April 2026, adds more audit firms under mandatory compliance, and begins public disclosure of AQMM levels.
FM Sitharaman introduces Revised Income Tax (No. 2) Bill, 2025 in Lok Sabha
11 August 2025 at 15:13The Income-tax (No. 2) Bill, 2025, introduced in Lok Sabha, proposes a comprehensive overhaul of India's direct tax laws from April 1, 2026, with simplified provisions, updated definitions, modern compliance and stronger anti-avoidance measures.
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