CAclubindia News
56th GST Council Recommends Two-Tier GST Structure, Major GST Rate Reforms from 22nd Sept 2025
04 September 2025 at 09:04GST Council approves a simplified two-tier GST structure - 18% & 5% with major exemptions on insurance, food, medicines, and more. Changes effective 22 September 2025
Casino Entry, Luxury Services May Move to 40% Slab at GST Council Meet Sept 2025
03 September 2025 at 09:27The 56th GST Council meet on Sept 3-4 may rationalise service tax slabs, shifting many items from 12% to 5%. Industries brace for festive season demand surge amid GST uncertainty.
56th GST Council Meet may Grant Full GST Exemption on Life and Health Insurance
03 September 2025 at 09:20The 56th GST Council meet on Sept 3-4 may approve full GST exemption on life & health insurance policies. Proposal could save policyholders Rs 9,900 crore annually.
GST Reform on Cigarettes Likely at Sept 3-4 Council Meeting as FAIDA Pushes for MRP-Based Levy
03 September 2025 at 09:16FAIDA has urged the Finance Ministry to levy GST on the MRP of cigarettes upfront to curb leakages and illicit trade. The proposal will be discussed at the GST Council meeting on 3-4 Sept 2025.
TV & Digital News Broadcasters Urge GST Relief Ahead of 3-4 Sept 2025 Council Meeting
03 September 2025 at 09:09Ahead of the GST Council meeting on 3-4 Sept 2025, TV & digital news broadcasters urged FM Nirmala Sitharaman to shift GST tax point on ads to payment receipt and allow ITC on blocked expenses.
ICAI Postpones CA Final & Intermediate Exams Scheduled on 3rd & 4th September 2025 in Punjab and Jammu City Due to Heavy Rainfall
03 September 2025 at 09:02ICAI has postponed the CA Final & Intermediate exams scheduled on 3rd and 4th September 2025 in Punjab and Jammu City due to heavy rainfall and floods. Revised dates will be announced soon.
UP Shopkeeper Gets Rs 141 Crore Tax Notice After PAN Misuse for Fake Firms
02 September 2025 at 09:30A grocery shopkeeper in Bulandshahr, UP, was shocked after receiving a Rs 141 crore tax notice when his PAN card was allegedly misused to create fake firms.
PAN Card Misused for Fake GST Registrations Worth Rs 43 Crore in Major Identity Theft Case
02 September 2025 at 09:15PAN card misused to create fake GST registrations, leading to Rs 43 crore fraud. Police launch probe into major identity theft case involving cyber crime.
Delhi CM Rekha Gupta Announces Rs 1600 Crore GST Refunds for Traders Before Diwali
02 September 2025 at 09:07Delhi CM Rekha Gupta announces release of Rs 1600 crore GST refunds pending since 2019, ahead of Diwali, with a new IT module to fast-track claims.
Indian Beverage Association Urges GST Council to Reclassify Aerated Drinks as 'Food/Merit' Goods
02 September 2025 at 08:59The Indian Beverage Association has urged the GST Council to reclassify aerated drinks as “food/merit” goods, seeking 18% GST instead of 40%, and lower GST on fruit juices to 5%.
Popular News
- Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
- AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27
- MTPA Seeks Tax Audit Deadline Extension: TAR by 31st Oct, ITR by 30th Nov 2026
- CBDT Notifies SFT Rules for Depository Transactions Under Income Tax Act 2025
- CBDT Notifies SFT Reporting Rules for Mutual Fund Transactions by RTAs Under IT Act 2025
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
