CAclubindia News
CGST Raid on Jalandhar's Famous Dhaba: Rs 3 Crore Cash Seized, Tax Evasion Suspected
21 November 2025 at 06:25Central GST officials recovered Rs 3 crore cash during a raid on Agarwal Dhaba in Jalandhar, Punjab. Preliminary investigation points to large-scale tax evasion and irregularities in financial records.
Telangana Issues SOP to Prevent Multiple GST Orders for Same Cause of Action
21 November 2025 at 06:25The Telangana Commercial Taxes Department has issued a new SOP to prevent and rectify multiple GST orders issued for the same cause of action under the TGST Act, 2017.
Capital Gains Tax Relief Process Simplified Under New 2025 Amendment Scheme
20 November 2025 at 09:35The Finance Ministry has notified the Capital Gains Accounts (Second Amendment) Scheme, 2025, introducing digital payments, electronic statements, and mandatory online account closure from April 1, 2027.
CBDT Expands Capital Gains Account Scheme: 19 More Banks Authorised Nationwide
20 November 2025 at 09:27The Central Government has authorised all non-rural branches of 19 major banks including HDFC, ICICI, Axis, Kotak and Bandhan Bank to operate the Capital Gains Account Scheme (CGAS), 1988, easing access for taxpayers seeking capital gains tax exemptions.
GST Cut Impact Limited as Apparel and Footwear Sales Decline in September Quarter
20 November 2025 at 09:21Despite GST cuts on apparel and footwear, India’'s festive sales remained muted as early Diwali, weak discretionary spending and GST transition delays hurt demand across retailers.
Unclaimed Money Awareness Drive: Key Camps Scheduled in Mumbai on November 21
20 November 2025 at 09:11Maharashtra'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.
India's Q2 GDP Growth Set to Exceed 7.5% on Festive Consumption Boost: SBI Research
20 November 2025 at 06:42India'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.
Three Businessmen Held in Maharashtra for Bogus ITC Claims Worth Over Rs 180 Crore
19 November 2025 at 06:40Maharashtra 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.
CBDT to Notify Simplified ITR Forms by January Ahead of New Income Tax Act Rollout
19 November 2025 at 06:40The 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.
Direct Tax Collections on Track for FY26, Assures CBDT Chairman Ravi Agrawal
19 November 2025 at 06:40The 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.
Popular News
- Centre Tightens GST E-Way Bill Rules After CAG Highlights Technical Loopholes
- MCA Raises Small Company Thresholds: Paid-Up Capital Rs 10 Crore, Turnover Rs 100 Crore
- Major GST Rule 10A Change: Registration to Be Automatically Suspended If Bank Details Not Furnished in 30 Days
- GSTN Releases Additional FAQs for GSTR-9 & 9C: Key Clarifications for FY 2024-25
- Income Tax Disputes Cross 5 Lakh Cases: Centre Shares Five-Year Pendency Data
Trending Online Classes
-
All Subjects Combo (Regular Batch) Jan & May 26
CA Hardik Manchanda,CS Arjun Chhabra & Prof. Akash Agrawal
CAclubindia
