The Reserve Bank of India (RBI) mandates banks to communicate with customers in Hindi, English and the regional language, ensuring clarity and accessibility.
JioFinance App, with TaxBuddy, launches a new ITR filing feature offering regime comparison, deduction mapping & expert-assisted tax planning.
Income Tax Department warns taxpayers about phishing emails promising refunds from fake address donotreply@incometaxindiafilling.gov.in; advises not to click suspicious links and report scams.
ICAI releases Practical Guide to GST Disputes to help Chartered Accountants master GST litigation, evidence handling, appeals, and representation, updated till May 31, 2025.
Jawahar Nagar police in Chhatrapati Sambhajinagar have booked a tax consultant for allegedly misusing a client's GST number to execute fraudulent transactions worth Rs 73.63 lakh
The Taxation Laws (Amendment) Bill, 2025, introduced in Lok Sabha by FM Nirmala Sitharaman, proposes tax exemptions for Unified Pension Scheme payouts, enhances standard deduction and refines search case block assessments.
State to intensify GST checks after Rs 3000 crore ITC frauds; high-turnover dealers face stricter registration, tighter monitoring and special audits.
Excise & GST teams raid 12+ luxury salons in city over alleged 18% GST evasion; records seized, inspections to expand, penalties likely for violators.
ICAI widens AQMM v2.0 scope from April 2026, adds more audit firms under mandatory compliance, and begins public disclosure of AQMM levels.
The Income-tax (No. 2) Bill, 2025, introduced in Lok Sabha, proposes a comprehensive overhaul of India's direct tax laws from April 1, 2026, with simplified provisions, updated definitions, modern compliance and stronger anti-avoidance measures.
Online GST Course - Master the Fundamentals of GST with Practical Insights
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