CAclubindia News

Gujarat High Court Questions CBDT Over Non-Extension of ITR Deadline for FY 2024-25

04 October 2025 at 06:54

Gujarat High Court seeks explanation from CBDT on why the ITR filing deadline for FY 2024-25 was not extended, even after the tax audit report deadline was postponed to October 31, 2025. Further hearing scheduled for October 6.

Posted in Income Tax | 3537 Views

Businessman Arrested for Rs 17.48 Crore GST Evasion

04 October 2025 at 06:54

Thane GST authorities arrest Chandan Lakhara, proprietor of Moon Trader, for tax evasion of Rs 17.48 crore. The businessman allegedly claimed bogus Input Tax Credit of Rs 8.74 crore, causing massive revenue loss.

Posted in GST | 159 Views

GST 2.0: NCH Receives Nearly 4,000 Calls, 69% Report Consumer Grievances

03 October 2025 at 09:03

The National Consumer Helpline has received 3,981 GST 2.0-related calls, with 69% being grievances. Key issues include milk pricing, electronic goods, LPG, and petrol. Nearly 2,000 cases have been forwarded to CBIC.

Posted in GST | 1293 Views

Govt Exempts IFSC Entities from Applicability of PFRDA Act Section 25

03 October 2025 at 06:26

The Finance Ministry has notified that Section 25 of the PFRDA Act, 2013 will not apply to financial products, services, or institutions in IFSCs.

Posted in Corporate Law | 357 Views

Shri Rajesh Agrawal assumes charge as Secretary, Department of Commerce

03 October 2025 at 06:26

Shri Rajesh Agrawal, IAS (1994 Batch), has assumed charge as Secretary, Department of Commerce, Ministry of Commerce and Industry, in New Delhi

Posted in Corporate Law | 234 Views

CBIC Joins Special Campaign 5.0: Focus on e-Waste Disposal, File Review & Cleanliness

03 October 2025 at 06:26

CBIC is actively participating in Special Campaign 5.0 (Oct 2–31, 2025) with a focus on e-waste disposal, file review, grievance redressal, and workplace cleanliness.

Posted in GST | 219 Views

CBIC Extends Timeline Under Sea Cargo Manifest and Transshipment Regulations to December 31, 2025

03 October 2025 at 06:26

The CBIC has extended the deadline under the Sea Cargo Manifest and Transshipment Regulations, 2018 to December 31, 2025, through its latest amendment.

Posted in Custom | 270 Views

RBI Eases Compliance Rules for Exporters, Importers and Merchanting Traders

03 October 2025 at 06:26

RBI relaxes trade compliance rules: MTT forex outlay extended to 6 months; simplified closure of small-value export & import bills for easier compliance.

Posted in Community & General | 429 Views

RBI Monetary Policy: Repo Rate Steady at 5.5%, Neutral Stance Maintained

02 October 2025 at 08:37

RBI MPC keeps repo rate unchanged at 5.5% in October 2025 policy review; neutral stance retained as inflation moderates and growth outlook remains resilient.

Posted in Community & General | 1188 Views

CGST Kanpur Organizes 'SAMVAD' to Discuss Next-Gen GST 2.0 Reforms

02 October 2025 at 08:25

The Central Goods and Services Tax (CGST) department of Kanpur successfully organized 'SAMVAD' to discuss the Next-Gen GST 2.0 Reforms, bringing together key stakeholders from the industrial and trade community, tax professionals, and policymakers.

Posted in GST | 336 Views