DGGI arrests a Jamnagar-based tax consultant and trader in a Rs 30 crore bogus GST ITC fraud in Gujarat, uncovering fake firms, invoices and e-way bills.
India’s rural economy recorded a strong recovery in late 2025, driven by higher consumption, rising incomes, GST rate rationalisation and easing inflation, according to NABARD’s latest Rural Economic Conditions and Sentiments Survey.
The State GST department has launched a 10-day special drive across the Chhatrapati Sambhajinagar Zone to clear pending GSTR-3B returns of over 8,600 taxpayers, aiming to recover Rs 47.63 crore in SGST and improve compliance.
ICAI announces landmark reforms allowing advertising by CA firms, approves global networking guidelines and reports UDIN crossing 10 crore.
IndiGo has received a Rs 58.75 crore GST penalty notice for FY21 from the Delhi South CGST Commissionerate. The airline says the order is flawed, will challenge it legally, and expects no impact on operations or financials.
The Union Finance Ministry has ruled out any new GST compensation mechanism for Karnataka, citing strong growth in GST collections and rising central fiscal transfers, even as the State faces challenges in stamp duty and registration revenues.
Supreme Court rules that statutory corporations cannot claim the 40% tax deduction under Section 36(1)(viii) on income from dividends, deposits, or service charges, limiting the benefit strictly to profits derived from long-term financing activities.
CBDT has launched a data-driven NUDGE campaign to curb bogus tax deductions under Sections 80G and 80GGC.
The Institute of Chartered Accountants of India (ICAI) has announced the December 2025 Convocation schedule. Members enrolled between 16 July and 30 Nov 2025 and CA Final rank holders of Sept 2025 will be felicitated across multiple cities in India.
ICSI launches fast-track support for MCA21 V3 e-filing issues, offering a dedicated email, helpline and Google Form for tickets pending over 7 days.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
