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CAclubindia News


Income Tax Refund Scam Busted: Indians Posing as Foreign Citizens to Evade Tax

   08 July 2025 at 08:55

The Income Tax Department has uncovered a large-scale scam involving fraudulent refund claims by Indian taxpayers who falsely declared themselves as foreign citizens during IT return filing.

Posted in Income Tax |   2961 Views


Finance Ministry Grants Five-Year Exemption to IDFC First Bank from Shareholding Cap in Niraj Kakad Constructions

   08 July 2025 at 08:48

The Ministry of Finance, on the recommendation of the Reserve Bank of India (RBI), has granted a five-year exemption to IDFC First Bank Limited from the provisions of Section 19(2) of the Banking Regulation Act, 1949.

Posted in Income Tax |   2256 Views


Finance Ministry Grants Income Tax Exemption to Rajasthan Housing Board Under Section 10(46A)

   08 July 2025 at 08:45

In a significant relief to the Rajasthan Housing Board, the Ministry of Finance has granted income tax exemption under Section 10(46A)(b) of the Income-tax Act, 1961.

Posted in Income Tax |   300 Views


Multi-State GST Scam Uncovered: 5 Arrested in Rs 248 Crore Tax Evasion Case

   07 July 2025 at 09:01

UP STF busts Rs 248 crore GST fraud using 100+ shell firms; five arrested from Rajasthan for running a multi-state fake invoice racket with stolen identities and bogus e-way bills.

Posted in GST |   1179 Views


State Govt to Expand Amnesty Scheme for Pending Pre-GST Tax Arrears

   07 July 2025 at 08:57

Maharashtra govt proposes amendment to recover Rs 25,000 crore in pre-GST tax dues from PSUs, banks, and infrastructure bodies under an expanded amnesty scheme...

Posted in GST |   17958 Views


SGST Launches Statewide Crackdown on Scrap Dealers to Curb GST Evasion

   07 July 2025 at 08:51

Assam SGST conducts statewide raids on scrap dealers for GST evasion; Rs 90 lakh recovered in initial findings, crackdown aims to deter tax fraud and boost compliance.

Posted in GST |   471 Views


GoM on GST Revenue Forms Panel to Curb Tax Evasion and Boost Compliance

   07 July 2025 at 08:47

Goa CM Pramod Sawant leads GoM meeting on GST revenue; a group of officers will analyze state-wise data and fraud patterns to enhance GST compliance and suggest policy changes.

Posted in GST |   1623 Views


Toppers, Marksheet & Pass Percentage of CA Foundation May 2025 Exams

   06 July 2025 at 09:40

Check the pass percentage, marksheet and toppers of the CA Foundation May 2025 exams released by ICAI.

Posted in Students |   19659 Views


ICAI CA Foundation May 2025 Results Declared

   06 July 2025 at 09:15

ICAI has declared the CA Foundation May 2025 results. Check your result, details of pass percentage & toppers now!

Posted in Students |   1566 Views


Toppers, Marksheet & Pass Percentage of CA Final May 2025 Exams

   06 July 2025 at 09:14

Explore the detailed analysis of CA Final May 2025 results including all-India toppers, their marksheets, subject-wise scores, and the official pass percentage released by ICAI.

Posted in Students  1 comments |   30438 Views



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