CAclubindia News
No New GoM on GST Revenue Losses Yet, Says FM Sitharaman
18 December 2025 at 06:55No new GoM planned on GST revenue losses as Centre admits rate rationalisation may leave states with Rs 47,700 crore net shortfall.
GST Rate on Apparel Rationalised; 18% Tax for Garments Above Rs 2500
18 December 2025 at 06:54GST on readymade garments priced above Rs 2500 has been increased to 18% from September 22, 2025, while items up to Rs 2500 now attract 5%, the government told Lok Sabha.
GST Fraud: Four Arrested for Rs 37.87 Crore Tax Evasion Using Fake Firms
18 December 2025 at 06:54Kanpur police and State Tax department arrest four for Rs 37.87 crore GST evasion involving fake firms and bogus sales exceeding Rs 210 crore.
GST Automation Playing Key Role in Tackling Tax Evasion: Finance Ministry
18 December 2025 at 06:54GST automation, e-invoicing and AI tools have reduced tax evasion, improved revenue buoyancy and boosted investor confidence, the government told Lok Sabha.
Fake GST Registrations Led to Rs 31,000 Crore Tax Evasion, Govt Tells Lok Sabha
18 December 2025 at 06:54More than 10,000 fraudulent GST registrations using forged PAN and Aadhaar detected in last 2.5 years, involving Rs 31,000+ crore tax evasion, govt tells Lok Sabha.
ICAI Releases Updated UDIN Portal Manual: New Features for GST, Tax Audit & Certificates
17 December 2025 at 09:28ICAI has released the updated UDIN Portal Manual (Version 1.2) with key changes in UDIN generation, PAN validation, bulk UDIN, grievance redressal and real-time verification. Know what's new.
Income Tax Department Warns Taxpayers Against Fake Refund Messages and Scam Links
17 December 2025 at 07:09The Income Tax Department cautions taxpayers against fake refund messages and malicious links, advising citizens to rely only on official e-filing portals and authenticated communication channels to avoid online scams.
Over 7.28 Crore MSMEs Registered on Udyam Portal as Govt Pushes Ease of Doing Business
17 December 2025 at 07:08The Government reiterates its commitment to MSME growth with over 7.28 crore enterprises registered on the Udyam Portal, including 2.86 crore women-led MSMEs, backed by digitisation, single-window clearances, and Ease of Doing Business reforms.
CBDT Reassigns Jurisdiction of Income Tax Appeals for Search and Survey Cases
17 December 2025 at 07:08CBDT issues a December 2025 notification reallocating jurisdiction of Commissioners of Income Tax (Appeals) for search, seizure, survey, and penalty cases across India, impacting appeals under Sections 246A and 248 of the Income tax Act.
DGGI Arrests Tax Consultant and Trader in Rs 30 Crore Bogus GST ITC Racket
16 December 2025 at 09:22DGGI 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.
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