CAclubindia News


CBDT Extends ITR Filing Due Date from 31st July to 15th September for AY 2025-26

   27 May 2025 at 17:08

CBDT has extended the ITR filing deadline for AY 2025-26 from July 31 to September 15, 2025, providing taxpayers additional time to comply with updated return filing requirements.

Posted in Income Tax |   14034 Views


EPFO Confirms 8.25% Interest on Provident Fund Deposits for FY25

   27 May 2025 at 09:11

The Government of India has approved an interest rate of 8.25% on Employees' Provident Fund (EPF) deposits for the financial year 2024-25.

Posted in Corporate Law |   1938 Views


Gujarat GST Department Uncovers Rs. 15 Crore Tax Evasion in Manpower Services Sector

   27 May 2025 at 09:07

The Gujarat State GST Department conducted a series of coordinated search operations on May 2, 2025, targeting seven manpower service providers operating across Mehsana, Ahmedabad and Junagadh districts.

Posted in GST |   762 Views


KYC Update in Bank Accounts to Get Simpler: RBI Draft Guidelines

   26 May 2025 at 11:01

The Reserve Bank of India (RBI) has invited public and stakeholder feedback on a draft circular proposing revised guidelines for the updation and periodic updation of Know Your Customer (KYC) details.

Posted in Community & General |   996 Views


Ministry of Finance Hosts DRT-DRAT Colloquium to Boost Debt Recovery Mechanism

   26 May 2025 at 09:27

Department of Financial Services (DFS), Ministry of Finance organises a colloquium of Chairpersons of Debt Recovery

Posted in Income Tax |   405 Views


Supreme Court Grants Relief to Paytm's First Games in Rs 5,712 Crore GST Dispute

   26 May 2025 at 09:24

In a significant relief for Paytm-owned First Games, the Supreme Court of India has stayed proceedings related to a Rs 5712 crore GST notice issued by the DGGI, New Delhi.

Posted in GST |   2262 Views


RBI Eases Process to Reactivate Inoperative Bank Accounts and Claim Unclaimed Deposits

   26 May 2025 at 09:16

The Reserve Bank of India (RBI) has released a draft circular titled "Inoperative Accounts/ Unclaimed Deposits in Banks - Revised Instructions (Amendment), 2025", which proposes modifications to the earlier guidelines issued on January 1, 2024.

Posted in Community & General |   1908 Views


Relief for Arjun Rampal: Bombay HC Cancels Non-Bailable Warrant in 2019 Tax Evasion Case

   24 May 2025 at 11:02

In a major relief for Bollywood actor Arjun Rampal, the Bombay High Court has overturned a non-bailable warrant issued against him in connection with a 2019 tax case.

Posted in Income Tax |   2043 Views


GST Officials Bust Multi-Crore Brick Trade Tax Evasion Racket, Two Arrested

   24 May 2025 at 08:56

Sambhal Police and GST authorities have unearthed a large-scale GST evasion racket involving fake firms and fraudulent invoicing in the brick trade.

Posted in GST |   912 Views


Commercial Tax Department Unearths Rs 10 Crore Tax Evasion by Industrial Firm

   24 May 2025 at 08:53

The Special Investigation Branch (SIB) of the Commercial Tax Department has uncovered a massive GST evasion case involving a firm operating in the Ghaziabad industrial area.

Posted in GST  1 comments |   1899 Views



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