CAclubindia News
CBDT Clarifies Gold Jewellery Limits: Pune Households Must Know
09 October 2025 at 06:49CBDT clarifies how much gold jewellery you can legally own without risking seizure during income tax searches. Learn safe limits for men, married and unmarried women in Pune, documentation rules for excess holdings, and tax implications when selling gold.
GST 2.0 Reforms Boost India's Growth, World Bank Projects 6.5% GDP for FY26
09 October 2025 at 06:49The World Bank has revised India's GDP forecast for FY26 to 6.5%, citing strong domestic demand, rural recovery, and GST 2.0 reforms. Q1 FY26 GDP grew 7.8%, making India the fastest-growing major economy. U.S. tariffs could pose a risk in FY27.
CBIC introduces system-based auto-approval for IFSC code registration to enhance Ease of Doing Business
08 October 2025 at 07:09CBIC introduces system-based auto-approval for IFSC code registration under IEC to streamline Customs procedures, eliminate manual intervention, and ensure faster credit of export incentives enhancing ease of doing business and trade efficiency in India.
GST Marks 8 Years of Transformative Journey: Key Insights from the Official Statistical Report
08 October 2025 at 06:40As GST marks its 8th anniversary, the GST Network (GSTN) releases "8 Years of GST: Years of Commitment," a detailed report showcasing India’s progress under the tax reform.
ICAI Invites Empanelment of Members to Act as Observers for CA Exams January 2026
08 October 2025 at 06:40ICAI has invited empanelment of members to act as Observers for the Chartered Accountants Examinations, January 2026. Eligible members can apply online from October 8 to November 7, 2025, and will receive an honorarium of Rs 3750 per day.
GST Reduction Boosts Auto Sales, Consumers in Food and Medicine Categories See Limited Relief
08 October 2025 at 06:40While GST rate cuts boost auto sales, only a fraction of consumers benefit in packaged foods and medicines. LocalCircles urges govt action to ensure full pass-through.
India's Fiscal Deficit on Track for FY26, but Slowing Tax Revenues Raise Concerns
08 October 2025 at 06:40India is on track to meet its FY26 fiscal deficit target of 4.4% of GDP, but slowing income tax and GST revenues raise concerns. Analysts flag risks amid government borrowing plans and expenditure trends.
IRDAI Likely to Review GST ITC Impact on Insurance Distributor Payouts
08 October 2025 at 06:40Private insurers cut agent payouts by 15–18% to offset GST ITC loss, while LIC and public insurers maintain commissions. Agents seek intervention from IRDAI and Finance Ministry.
Kerala Traders Raise Concerns Over GST Exemptions Favoring Large Corporates
07 October 2025 at 05:51Traders in Kerala have expressed concern that the recent GST exemptions may be benefiting large corporates at the expense of small and medium trading establishments. The State President of Kerala Vyapari Vyavasayi Ekopana Samithi and National Secreta
State GST Raids 20 Companies in Jamnagar, Tax Evasion of Rs 80 Crore Unearthed
07 October 2025 at 05:51State GST raids 20 Jamnagar firms and a CA for tax evasion over Rs 80 crore; investigations reveal billing scam, more details expected after document review.
Popular News
- State GST Department Detects Rs 157.87 Crore Turnover Suppression in Restaurant Inspections
- MCA Extends Deadline for Filing CRA-4 Cost Audit Report in XBRL Format Till 31st December 2025
- Punjab & Haryana High Court Warns CBDT of Contempt for Delay in Extending ITR Deadline for Audited Cases
- CBDT Empowers Commissioner, CPC Bengaluru to Rectify and Issue Demands for Certain Income Tax Cases
- ICAI Tightens Fraud Detection Norms for Financial Statements with Stricter Review Parameters
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