CAclubindia News
Man Arrested for Posing as Income Tax Officer, Duping Woman of Rs 55.8 Lakh
15 November 2025 at 07:41A man posing as an Income Tax officer was arrested in Palghar for conducting a fake raid and cheating a woman of Rs 55.8 lakh. Police are searching for his accomplices.
GST 2.0 Driving Transparency & Growth: ICAI President Outlines Key Reforms
15 November 2025 at 07:17ICAI President’s November message highlights GST 2.0 reforms, MSME Clinic rollout, global benchmarking of CA qualification, and ICAI’s growing global and digital initiatives.
CBDT Seeks Clarity From MeitY on Tax Incentives for Data Centres Under New Policy
15 November 2025 at 06:44CBDT has asked MeitY for detailed definitions and eligibility criteria for proposed long-term tax incentives for data centres, citing concerns over misuse and revenue loss.
MSMEs Lead as 13 Companies Apply Under PLI Scheme with Rs 1914 Crore Investment
15 November 2025 at 06:44India's White Goods PLI Scheme draws 13 applicants committing Rs 1,914 crore, with MSMEs forming more than 50% of new entries in AC and LED manufacturing.
GST Exemption Fuels 50% Jump in Term Insurance Sales; Insurers Expect Trend to Continue
15 November 2025 at 06:44Life insurers report sharp increase in pure protection plans post GST cut; HDFC Life up 50%+, Axis Max Life up 34%, SBI Life sees 33% growth.
DGGI Delhi Busts Rs 645 Crore Fake ITC Racket
14 November 2025 at 09:22DGGI Delhi uncovers ₹645 crore fake ITC racket using 229 dummy firms; key operator Mukesh Sharma arrested. Money-laundering links through NGO, political outfit probed.
ITAT Bangalore Gives Relief to Landowner in Rs 1.82 Crore Mango Sales Case
14 November 2025 at 06:38ITAT Bangalore grants relief to landowner after Rs 1.82 crore mango income taxed as unexplained cash credit; tribunal rejects tax department's assumptions.
Retail Inflation Drops to Record Low of 0.25% in October after GST Rate Cuts
14 November 2025 at 06:38India's retail inflation hit a record low of 0.25% in October 2025, driven by GST rate cuts and a sharp fall in food and vegetable prices.
FM Sitharaman Assures Further Simplification of GST, Tax Procedures
14 November 2025 at 06:38Tamil Nadu traders felicitated FM Nirmala Sitharaman for GST 2.0 tax reforms, praising rate cuts and simplified structure that boosted trade and demand.
Centre Confident of Meeting Rs 25.2 Lakh Crore Direct Tax Target Despite STT Shortfall
14 November 2025 at 06:38Despite lower STT collections, the Centre remains confident of achieving its Rs 25.2 lakh crore direct tax target for FY26, driven by strong PIT growth.
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