CAclubindia News


Unclaimed Money Awareness Drive: Key Camps Scheduled in Mumbai on November 21

   20 November 2025 at 09:11

Maharashtra's SLBC will hold special camps on Nov 21 in Mumbai City and Suburban to help citizens verify and claim unclaimed deposits, shares, insurance, and other inactive financial assets.

Posted in Income Tax |   186 Views


India's Q2 GDP Growth Set to Exceed 7.5% on Festive Consumption Boost: SBI Research

   20 November 2025 at 06:42

India's Q2 GDP may exceed 7.5% driven by GST rate cut, festive consumption, and strong rural and services demand, says SBI Research, projecting robust near-term growth.

Posted in GST |   912 Views


Three Businessmen Held in Maharashtra for Bogus ITC Claims Worth Over Rs 180 Crore

   19 November 2025 at 06:40

Maharashtra GST officials have arrested three businessmen in separate fake Input Tax Credit (ITC) scams totaling over Rs 180 crore, including frauds worth Rs 114 crore, Rs 56 crore, and Rs 10 crore.

Posted in GST |   660 Views


CBDT to Notify Simplified ITR Forms by January Ahead of New Income Tax Act Rollout

   19 November 2025 at 06:40

The Income Tax Department will notify new simplified ITR forms by January 2025 under the Income Tax Act, 2025, set to take effect from April 1, 2026, to make tax compliance easier for taxpayers.

Posted in Income Tax  1 comments |   1788 Views


Direct Tax Collections on Track for FY26, Assures CBDT Chairman Ravi Agrawal

   19 November 2025 at 06:40

The government expects to achieve FY26 direct tax goals as collections hit Rs 12.92 lakh crore by November 10; refunds likely to be cleared by December.

Posted in Income Tax |   1362 Views


Income Tax Department Raids on Popular Hyderabad Eateries

   19 November 2025 at 06:40

Income Tax officials raided Hyderabad's Pista House and Shahgouse Hotel, while the ED searched Al-Falah University in Delhi as part of a terror case probe.

Posted in Income Tax |   276 Views


ITR Refund Delay 2025: CBDT Flags High-Value Claims, Refunds Likely by December

   18 November 2025 at 07:07

CBDT says high-value and red-flagged refund claims are causing delays this year. Refunds down 18% due to stricter scrutiny. Most refunds expected by December. Learn what taxpayers should do next.

Posted in Income Tax |   13476 Views


CBIC Unveils New ICEGATE 2.0 Online Module for MOOWR and MOOSWR Permissions

   18 November 2025 at 06:39

CBIC launches a new ICEGATE 2.0 online module for MOOWR and MOOSWR permissions under Section 65, streamlining customs applications with digital workflows, user manuals, and improved processing.

Posted in Custom |   498 Views


Mumbai Man Held for Rs 75 Lakh GST Fraud Using Forged Documents in Goa

   18 November 2025 at 06:39

Bicholim police have arrested a Navi Mumbai resident for a Rs 75 lakh GST fraud involving fake registration under Green Agro Industries using forged documents.

Posted in GST |   279 Views


GST 2.0 Boosts MSME Expansion Plans as Banks Near Annual Lending Targets

   18 November 2025 at 06:39

The GST rate cut has led to a surge in MSME loan demand, with banks like SBI, IOB, PNB and Indian Bank reporting sharp growth in credit enquiries and portfolio expansion.

Posted in GST |   1140 Views



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