India's FMCG market saw a strong rebound in October 2025 with value growth rising to 6.8%, driven by GST cuts and improving urban demand.
CGST officials in Chennai have busted an inter-state fake GST invoice racket involving 12 entities, confirming Rs 50.85 crore tax evasion with total fraud estimated to exceed Rs 350 crore.
CGST Chennai North arrests MD of a copper wire firm for Rs 34.81 crore GST evasion after uncovering unaccounted sales and incriminating digital and cash records.
The Supreme Court has issued notice on a petition challenging Section 13A(d) of the Income Tax Act, which allows political parties to accept cash donations up to Rs 2,000 without revealing donor identity.
India's Insurance Bill proposes raising FDI to 100%, introducing composite licences, and easing capital norms to boost growth and insurance penetration.
India's direct tax collections hit a record Rs 22.26 lakh crore in FY 2024-25 as per CBDT data, with the tax-to-GDP ratio rising to 6.73% and taxpayers exceeding 12 crore.
CBIC issues policy clarification confirming that consolidated GST demand notices for multiple financial years are legally valid under Sections 73 and 74 of the CGST Act.
E-commerce and logistics sector has sought urgent clarification from the Finance Ministry after GST Notification 17/2025 created confusion over the tax treatment of local delivery and GTA services, affecting MSMEs, platforms, and logistics operators.
India's retail sector reported 11% festive-period growth in 2025, with RAI attributing the rise to GST cuts, strong value-driven shopping, and robust demand across grocery, jewellery, footwear and QSR segments.
An Ambur senior citizen claims his bank account was frozen over Rs 1 crore GST fraud committed using his Aadhaar, leaving him unable to access his only pension income.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
CAclubindia
