CAclubindia News

ICAI Announces Mock Test Papers Series I & II for CA Final January 2026 Exams

30 September 2025 at 09:10

ICAI has announced Mock Test Papers Series I & II for CA Final students appearing in January 2026 exams. Check the complete schedule, dates and how to access question papers and answer keys.

Posted in Students | 348 Views

Karnataka and Himachal Hotels Seek GST Relief and Financial Support Amid Rising Costs

30 September 2025 at 08:59

Karnataka and Himachal hotels cite high LPG and property rent taxes, urging GST relief and financial support from the government to pass benefits to consumers and revive tourism amid monsoon losses.

Posted in GST | 333 Views

Gujarat SGST Busts Rs 52 Crore Tax Evasion in Food and Restaurant Sector

30 September 2025 at 08:54

Gujarat SGST busts Rs 52 crore tax evasion in food and restaurant sector under GST Composition Scheme, uncovering fraudulent QR code payments and underreported sales across multiple cities.

Posted in GST | 348 Views

FMCG Distributors Warn of ITC Lock-In After GST Circular

30 September 2025 at 08:47

GST Circular 251 clarifies trade discounts and credit notes, ensuring manufacturers’ tax certainty, but FMCG distributors face cash-flow pressures due to excess input tax credit under the new dual-rate GST regime.

Posted in GST | 663 Views

GST Cut Boosts Ice-Cream Market, Organised Players See Surge in Demand

30 September 2025 at 08:41

GST rate cut from 18% to 5% boosts India's ice-cream market, driving demand for organised players like Amul, HUL, and Vadilal, while fostering innovation and expansion across urban and rural areas.

Posted in GST | 1221 Views

FHRAI Urges GST Council to Revisit 5% Slab Without ITC for Hotels Under Rs 7500 Tariff

30 September 2025 at 07:47

FHRAI has urged the GST Council to review the 5% GST slab on hotel tariffs up to Rs 7500 without ITC, warning it burdens mid-market hotels, affects affordability, and chokes investment in India’s hospitality sector.

Posted in GST | 1470 Views

MCA Extends Deadline for Filing DIR-3 KYC Without Fee to October 15, 2025

30 September 2025 at 07:38

The Ministry of Corporate Affairs (MCA) has extended the due date for filing DIR-3 KYC and DIR-3 KYC-WEB without fees to October 15, 2025, offering directors more time to meet compliance requirements.

Posted in Corporate Law | 3906 Views

Government Extends APR Filing Deadline for SEZ Units to December 31, 2025

30 September 2025 at 07:28

The Government of India has extended the due date for SEZ Annual Performance Report (APR) filing for FY 2024-25 to December 31, 2025, aligning it with GST audit deadlines to ease compliance.

Posted in Corporate Law | 2250 Views

CA Firm's Re 1 Audit Fee Sparks Nationwide Debate on Audit Standards and Professional Ethics

29 September 2025 at 10:30

Chandra Gupta & Associates' Re1 statutory audit bid for NHAI subsidiary raises questions on audit quality, fee sustainability, and professional ethics in India...

Posted in Audit | 7878 Views