CAclubindia News
RBI: Tax Cuts and Moderating Inflation to Boost Household Consumption
22 February 2025 at 09:00The Reserve Bank of India (RBI), in its latest bulletin released on February 19, 2025, highlighted that the tax relief measures announced in the Union Budget 2025-26 and easing inflation are set to strengthen household consumption and investments.
CBDT Begins Overhaul of Tax Rules After New Income Tax Act 2025
22 February 2025 at 08:59In a significant move aimed at streamlining India's tax framework, the Union Budget 2025-26 has introduced a brand-new Income Tax Act, 2025.
DRI Busts Seven Fake Currency Modules Across Four States, Nine Arrested
22 February 2025 at 08:58In its drive against facilities engaged in the printing of Fake Indian Currency Notes (FICN), DRI busts seven more modules in Maharashtra (4), Haryana (1), Bihar (1) and Andhra Pradesh (1); nine arrested
ICAI Announces Mock Test Papers for CA Final May 2025 Exams
22 February 2025 at 08:58The Institute of Chartered Accountants of India (ICAI) has announced the schedule for the Mock Test Papers Series - I & II for CA Final students appearing in the May 2025 Examinations.
ICAI Announces Mock Test Paper Series I & II for CA Intermediate May 2025 Exams
22 February 2025 at 08:57The Institute of Chartered Accountants of India (ICAI) has announced the commencement of Mock Test Paper Series I & II for students appearing in the CA Intermediate May 2025 Examinations.
E-Way Bill Now Mandatory for Scrap Supply in Dadra & Nagar Haveli, Daman & Diu
22 February 2025 at 08:57In a significant compliance reminder, authorities have reiterated that taxpayers engaged in the supply of scrap are mandatorily required to generate e-way bills for consignments exceeding ₹50,000 in value.
ICMAI Seeks Inclusion of Cost Accountants in Definition of 'Accountant' under Income Tax Bill 2025
21 February 2025 at 09:42The Institute of Cost Accountants of India (ICMAI) has submitted a memorandum to the Select Committee of Lok Sabha, requesting the inclusion of "Cost Accountant" in the definition of "Accountant" under Section 515(3)(b) of the Income-Tax Bill, 2025.
CBDT Issues Circular on TDS Deduction from Salaries for FY 2024-25 under Section 192
21 February 2025 at 08:50The Central Board of Direct Taxes (CBDT) has released Circular No. 3/2025, detailing the income tax deduction from salaries under Section 192 of the Income Tax Act, 1961, for the financial year 2024-25.
CBIC Introduces New Facility Allowing Accredited Importers to Store and Clear Goods at Authorized Premises
21 February 2025 at 08:47The Central Board of Indirect Taxes and Customs (CBIC) has rolled out a new facility enabling accredited merchants to move, store, and clear imported goods directly at their authorized premises instead of congested ports.
RBI Launches 'RBIDATA' App for Seamless Access to Economic and Financial Data
21 February 2025 at 08:46Reserve Bank of India launched RBIDATA, a Mobile App, that offers macroeconomic and financial statistics relating to the Indian economy in a user-friendly and visually engaging format.
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