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Govt Raises Collateral-Free Farm Loan Limit to Rs 2 Lakh to Boost Agricultural Credit

   12 March 2026 at 09:05

The government has introduced several measures to boost credit flow to the agriculture sector, including raising collateral-free farm loan limits to Rs 2 lakh, expanding Kisan Credit Card coverage and launching PM Dhan Dhaanya Krishi Yojana.

Posted in Community & General |   213 Views


ICAI Opens Verification & Certified Copies Window for CA January 2026 Exams

   12 March 2026 at 09:05

ICAI has opened the online application window for verification, certified copies and inspection of answer sheets for the CA January 2026 exams. Check important dates and application details.

Posted in Students |   2310 Views


Two Maharashtra GST Officers, Intermediary Arrested for Rs 20 Lakh Bribe Demand

   11 March 2026 at 07:19

The Maharashtra ACB has arrested two state GST officials and a private intermediary for allegedly accepting a Rs 20 lakh bribe in Nashik to settle a GST investigation. Further probe underway!

Posted in GST |   6564 Views


ICAI Releases Handbook on Key Compliances and Exemptions for Private Limited Companies

   11 March 2026 at 07:19

ICAI has issued a detailed handbook explaining key compliances, exemptions and incorporation procedures for private limited companies under the Companies Act, 2013.

Posted in Corporate Law |   7176 Views


CGST Delhi Arrests Smartphone Trader's Director for Rs 60.59 Crore Fake ITC Fraud

   10 March 2026 at 09:05

The Central Goods and Services Tax Delhi South Commissionerate arrests a company director for fraudulently claiming Rs 60.59 crore Input Tax Credit through bogus invoices worth Rs 397 crore under the Central Goods and Services Tax Act, 2017.

Posted in GST |   5001 Views


Income Tax Department Finds Rs 408 Crore Sales Suppression in Restaurants After Nationwide Survey

   10 March 2026 at 09:00

The Income Tax Department uncovers Rs 408 crore in suppressed sales after surveying 62 restaurants across 46 cities. Under the SAKSHAM NUDGE campaign, 63,000 restaurants have been asked to update their tax returns before 31 March 2026.

Posted in Income Tax |   4503 Views


Finance Ministry Flags Economic Risks for India Amid Escalating West Asia Conflict

   10 March 2026 at 06:58

Finance Ministry warns prolonged West Asia conflict may widen India's current account deficit, weaken the rupee and raise inflation due to rising oil and LNG prices.

Posted in Community & General |   105 Views


GST Registration Rejected for Legal Heir After Proprietor's Death, CA Flags Procedural Issues

   10 March 2026 at 06:58

GST department rejects registration of legal heir continuing deceased proprietor's business, citing missing succession documents. Experts call for clearer GST guidelines.

Posted in GST |   2730 Views


Fake Income Tax Raid Busted: Two Youths Posing as Officers Arrested

   09 March 2026 at 08:54

Two youths posing as Income Tax officers attempted a fake raid at a residence but were caught by Ramnagar police after locals verified their credentials.

Posted in Income Tax |   2781 Views


CIC Asks Income Tax Department to Fix TDS Mismatch Process, Protect Honest Taxpayers

   09 March 2026 at 08:53

The Central Information Commission has advised the Income Tax Department to create a taxpayer-friendly mechanism to resolve TDS mismatches between Form 16 and Form 26AS and prevent harassment of honest taxpayers.

Posted in Income Tax |   4764 Views



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