CAclubindia News

India-Oman Double Taxation Agreement Amended

27 June 2025 at 09:22

The Government of India has officially notified the Protocol amending the 1997 Double Taxation Avoidance Agreement (DTAA) between India and the Sultanate of Oman.

Posted in Income Tax | 1452 Views

Aadhaar Authentication for IBPS Exams Notified to Curb Fraud and Impersonation

27 June 2025 at 09:10

Government Notifies Voluntary Use of Aadhaar Authentication by IBPS for Candidate Verification in Examinations conducted by it

Posted in Community & General | 1257 Views

GST Tax Evasion Scam Worth Rs 524 Crore Busted, Seven Arrested Across States

26 June 2025 at 09:20

In a major breakthrough, police have arrested seven individuals allegedly involved in a massive GST tax evasion racket valued at over Rs 524 crore.

Posted in GST | 564 Views

FM Sitharaman Directs CBDT to Accelerate Tax Refunds and Settle Pending Appeals

26 June 2025 at 09:19

Union Finance Minister reiterated the need for timely processing of tax refunds and proactive resolution of taxpayer grievances

Posted in Income Tax | 6522 Views

CBDT Relaxes Time Limit for Processing Conditionally Accepted ITRs Filed Under Section 119(2)(b)

26 June 2025 at 09:18

The Central Board of Direct Taxes (CBDT) has issued Circular No. 07/2025, dated June 25, 2025, extending the time limit for processing income tax returns (ITRs) filed with condonation of delay under Section 119(2)(b) of the Income-tax Act, 1961.

Posted in Income Tax | 6852 Views

Ministry of Finance Notifies Launch of Rs 50 Commemorative Silver Coin for Golden Year Celebration

26 June 2025 at 09:15

The Ministry of Finance has notified the release of a special commemorative Rs 50 silver coin to celebrate the Golden Year of the Official Language Department, as per Gazette Notification No. G.S.R. 412(E) dated June 25, 2025.

Posted in Community & General | 576 Views

ICAI Releases Detailed Guidelines for CA Intermediate September 2025 Exams

25 June 2025 at 09:28

The Institute of Chartered Accountants of India (ICAI) has officially issued the Guidance Notes for the CA Intermediate Examination scheduled in September 2025, under Regulation 28G(4) of the Chartered Accountants Regulations, 1988.

Posted in Students | 10023 Views

CBDT Grants Income Tax Exemption to FSSAI Under Section 10(46A)

25 June 2025 at 09:16

CBDT notifies tax exemption for FSSAI under Section 10(46A) of the Income-tax Act, effective AY 2026–27. The exemption supports the authority’s role under the Food Safety and Standards Act, 2006.

Posted in Income Tax | 2862 Views

CBIC Clarifies Review, Revision & Appeal Procedures for Orders Passed by Common Adjudicating Authorities Handling DGGI SCNs

25 June 2025 at 09:13

CBIC has issued Circular No. 250/07/2025-GST dated June 24, 2025, providing much-needed clarity on the review, revision, and appeal procedures applicable to Orders-in-Original (O-I-Os) passed by Common Adjudicating Authorities (CAA).

Posted in GST | 3213 Views

Fake GST Officer Arrested in Mehsana for Rs 5 Lakh Extortion Attempt

25 June 2025 at 09:11

A fake GST officer has been arrested from Jotana in Mehsana district, Gujarat, for allegedly attempting to extort Rs 5 lakh from a local shopkeeper under the guise of an investigation.

Posted in GST | 159 Views