CAclubindia News


Delhi Police Bust Fake Police & IT Squad in 1 kg Gold Robbery

   09 December 2025 at 06:45

Delhi Police arrested five men running a fake police and bogus IT squad behind a 1 kg gold heist. In a separate action, police busted a phone-snatching racket linked to an international smuggling network.

Posted in Income Tax |   1119 Views


FM Sitharaman: First Time in Independent India That Income Tax & GST Taxes Slashed Together

   09 December 2025 at 06:45

FM Nirmala Sitharaman says the Modi government has made history by cutting both direct and indirect taxes in the same year, an unprecedented step in independent India.

Posted in GST |   2067 Views


FM Sitharaman Says Customs Reform Is Next Big Focus After Income Tax & GST Overhaul

   09 December 2025 at 06:45

FM Nirmala Sitharaman says customs reform is the government's next big focus after GST and income tax overhaul. Rupee slide, inflation, and RBI's upgraded GDP forecast also discussed.

Posted in Income Tax |   1116 Views


CGST Ludhiana Busts Rs 54 Crore GST Fraud: Fake Invoices Worth Rs 300 Crore Detected

   09 December 2025 at 06:45

CGST Ludhiana uncovers a Rs 54-crore GST fraud at a Mandi Gobindgarh iron and steel firm. Fake invoices worth Rs 300 crore detected; key person arrested. Probe ongoing.

Posted in GST |   255 Views


Finance Ministry Extends Countervailing Duty on Tempered Glass Imports Till June 2026

   09 December 2025 at 06:45

India has extended the countervailing duty on Textured Tempered Glass imported from Malaysia until June 8, 2026. The move follows DGTR's sunset review to assess continued injury to domestic industry.

Posted in Custom |   117 Views


ICAI to Implement Income Tax Act, 2025 in CA Exams from May 2027 Onwards

   08 December 2025 at 11:38

ICAI has announced that the Income-tax Act, 2025 will be applicable in CA Intermediate, Final, and Self-Paced Module exams from May 2027. Students must prepare as per the new tax law for attempts after March 2027.

Posted in Students |   6603 Views


MoCA directs IndiGo to clear refunds, regulates airfare amid operational disruption

   08 December 2025 at 06:37

The Ministry of Civil Aviation issues strict directives to IndiGo to clear all pending refunds, cap airfares, and protect passengers amid operational disruptions. Full details on refunds, fare regulation and passenger support.

Posted in Others |   1170 Views


RBI Cuts Penal Interest on CRR, SLR Shortfalls as Bank Rate Reduced to 5.50%

   08 December 2025 at 06:37

RBI's latest circular reduces penal interest on CRR and SLR shortfalls following a 25 bps cut in the Bank Rate to 5.50%. The revised rates now stand at 8.50% and 10.50%.

Posted in Others |   213 Views


RBI Brings Repo Rate Down to 5.25% Amid Falling Inflation

   08 December 2025 at 06:37

RBI has cut the repo rate by 25 bps to 5.25% in the December 2025 MPC meeting, citing easing inflation and stable growth. The SDF stands at 5.00% and MSF/Bank Rate at 5.50%.

Posted in Others |   201 Views


Haryana GST Mandates Strict Multi-Level Approval for Suo-Moto Audit & Scrutiny Cases

   08 December 2025 at 06:37

Haryana GST enforces new two-tier approval (DETC/JETC) for Suo-Moto Audit & Scrutiny cases. Learn how the HGST Act 2017 circular ensures GST transparency & limits arbitrary action.

Posted in GST |   1671 Views



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