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MCA Widens the Scope of Fast Track Mergers under the Companies Act, 2013

   13 September 2025 at 09:14

The Ministry of Corporate Affairs has expanded the scope of Fast Track Mergers under Section 233 of the Companies Act, 2013.

Posted in Corporate Law |   309 Views


GST Rate Cuts: Food Industry Titans Promise Lower Prices for Consumers

   13 September 2025 at 09:10

Top food industry leaders including Amul, Britannia, Coca-Cola, PepsiCo and ITC pledge to pass on GST benefits to consumers under Next-Gen GST reforms.

Posted in GST  1 comments |   1458 Views


ED Conducts Multi-State Raids in Rs 650 Crore Fake ITC Scam

   13 September 2025 at 09:02

ED raids across five states in Rs 650 crore fake Input Tax Credit scam. Firms accused of bogus GST invoices to launder money. Crackdown follows earlier Rs 750 crore ITC fraud probe linked to shell companies.

Posted in GST |   303 Views


56th GST Council Decisions to Benefit both Coal Producers and Consumers

   13 September 2025 at 08:56

The 56th GST Council meeting has reformed coal taxation by removing the Rs 400/ton GST compensation cess and raising GST from 5% to 18%.

Posted in GST |   162 Views


CBIC Issues Directive for Monitoring Commodity Prices Post GST Rationalization

   13 September 2025 at 08:52

CBIC has directed monthly monitoring of commodity prices before and after GST rate rationalization effective September 22, 2025. Reports to track MRP changes across food, toiletries, medicines, cement and more until March 2026.

Posted in GST |   1167 Views


GST Reform: NPPA Directs Drug Makers to Pass on Benefits Through Revised MRPs from Sept 22

   13 September 2025 at 08:48

The National Pharmaceutical Pricing Authority (NPPA) has directed pharma firms to revise MRPs of medicines and medical devices from September 22, 2025, following the GST rate cut.

Posted in GST |   1449 Views


GST Reforms: Centre Directs Businesses to Display GST Rate Cut Benefits on Consumer Goods from Sept 22

   13 September 2025 at 08:38

The government has asked businesses to display pre- and post-GST prices of consumer goods as new reforms roll out on Sept 22. Cars, durables and FMCG goods set to get cheaper.

Posted in GST |   17310 Views


Festive Season and GST Relief Cushion India's Jewellery Industry After US Tariff Blow

   13 September 2025 at 08:38

India’s gems and jewellery sector faces a $10 billion export hit after the US hiked tariffs to 50%. Festive demand, GST reforms, and domestic consumption may soften the blow.

Posted in GST |   1383 Views


ICAI Reschedules Paper 1 of CA Final and Intermediate Exams in Punjab & Jammu City

   13 September 2025 at 08:38

ICAI has rescheduled CA Final and Intermediate Paper 1 exams in Punjab and Jammu City. The exams will now be held on September 24-25, 2025, with the same admit cards remaining valid.

Posted in Students |   1350 Views


Pune Tax Professionals Booked in Rs 500 Crore Bogus ITR Deduction Scam

   12 September 2025 at 09:06

The Income Tax Department has unearthed a Rs 500 crore ITR fraud in Pune, involving bogus deductions and over 10,000 fake returns filed by tax professionals.

Posted in Income Tax |   4239 Views



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