CAclubindia News

ICAI Handbook Highlights How Interest and Penalties Can Escalate GST Disputes for Taxpayers

25 December 2025 at 07:34

CAI handbook highlights automatic GST interest, penalty exposure and how audits can inflate tax disputes beyond the original demand.

Posted in GST | 1194 Views

GST Row in Noida: Apartment Owners Associations Oppose 18% Tax on Society Charges

25 December 2025 at 07:34

Apartment Owners Associations in Noida oppose UP tax department's 18% GST on maintenance and electricity charges, calling the levy unjustified and non-commercial.

Posted in GST | 1329 Views

CBDT Launches NUDGE Campaign to Correct Ineligible Tax Deductions for AY 2025-26

24 December 2025 at 09:26

CBDT urges taxpayers to review potentially ineligible deduction and exemption claims flagged by data analytics and revise ITRs by December 31, 2025.

Posted in Income Tax | 2178 Views

India-New Zealand FTA Boosts Fintech, Digital Payments and Banking Access

24 December 2025 at 06:48

India and New Zealand have concluded negotiations on the Financial Services Annex of the FTA, strengthening cooperation in fintech, digital payments, banking, insurance and cross-border services.

Posted in Others | 126 Views

GSTAT Revokes Staggered Filing of Appeals Under Section 112 of CGST Act

24 December 2025 at 06:48

The GST Appellate Tribunal has revoked its earlier order mandating staggered filing of GST appeals under Section 112 of the CGST Act. Effective Dec 18, 2025.

Posted in GST | 1884 Views

Union Budget 2026-27: Finance Ministry Invites Public Suggestions, Deadline January 16

24 December 2025 at 06:47

he Finance Ministry has invited citizens to submit suggestions for the Union Budget 2026-27 through MyGov. Inputs can be shared till January 16. Budget likely on Feb 1.

Posted in Union Budget | 1143 Views

Fake GST Firms Busted in Thane: Rs 22.06 Crore ITC Fraud Under Probe

24 December 2025 at 06:47

Police in Maharashtra’s Thane district have registered a case against four persons for allegedly creating fake GST-registered firms and fraudulently claiming input tax credit worth over Rs 22.06 crore. Investigation is underway.

Posted in GST | 321 Views

No Routine Access to Social Media, Emails Under Income Tax Act 2025: PIB Clarifies

23 December 2025 at 09:40

PIB Fact Check clarifies that the Income Tax Department has no routine power to access social media or emails from April 2026. Digital access applies only during search and survey cases.

Posted in Income Tax | 1473 Views

SEBI Engages GST Council to Resolve GST Issues in Commodity Trading

23 December 2025 at 06:38

SEBI chairman Tuhin Kanta Pandey said the regulator is working with the GST Council to resolve GST hurdles affecting commodity trading, delivery and market liquidity.

Posted in GST | 540 Views

FM Nirmala Sitharaman Chairs Finance & Corporate Affairs Chintan Shivir at Hampi

23 December 2025 at 06:38

Finance Minister Nirmala Sitharaman chaired the Chintan Shivir of the Ministries of Finance and Corporate Affairs at Hampi, focusing on AI, Ease of Doing Business, tax reforms and financing for Viksit Bharat.

Posted in Custom | 300 Views