CAclubindia News


CBIC Chairman: No GST Cuts on Sin Goods, Single Rate Structure Possible in Future

   11 September 2025 at 08:55

CBIC Chairman Sanjay Kumar Agarwal confirmed no GST cuts on sin goods, but hinted at future reforms toward a single standard GST rate.

Posted in GST |   1227 Views


ICAI Postpones CA Exams in Kathmandu Due to Protests, New Dates to Be Announced

   11 September 2025 at 08:47

ICAI has postponed the CA Final and Intermediate exams scheduled for September 11–15, 2025, in Kathmandu due to protests. Revised dates will be announced soon. Other exam centres remain unaffected.

Posted in Students |   1356 Views


Poor Dhaba Cook Duped into Bank Fraud, Faces Rs 46 Crore Income Tax Notice

   10 September 2025 at 09:24

A dhaba cook from Bhind, Madhya Pradesh, earning just Rs 10,000 a month, has been hit with a shocking Rs 46 crore income tax notice after being duped into opening a bank account linked to fraudulent transactions.

Posted in Income Tax |   1 comments |   6639 Views


Next-Gen GST Overhaul: Staple Foods Made Tax-Free, Processed Foods at 5%

   10 September 2025 at 09:15

GST overhaul makes staples tax-free and lowers GST on processed foods to 5%. Big relief for consumers and small businesses.

Posted in GST |   300 Views


GST Returns Older Than 3 Years to Be Barred from Filing on Portal from Sept 2025 Tax period

   10 September 2025 at 09:08

From Sept 2025, GST returns older than 3 years from due date cannot be filed. Taxpayers must clear pending filings before the deadline.

Posted in GST |   3714 Views


GST Reforms Slash Rates on Fitness, Sports Goods, Bicycles and Small Vehicles

   10 September 2025 at 08:52

Government cuts GST on gyms, bicycles, toys, sports goods, two-wheelers and small cars. The move makes fitness, sports, and mobility more affordable for India's youth.

Posted in GST |   243 Views


GST Cuts on Automobiles and Heavy Industries to Boost Demand, Jobs and Exports

   10 September 2025 at 08:51

GST rationalisation lowers rates on vehicles, parts, and transport services. The move to fuel demand, job creation, farm mechanisation and export growth.

Posted in GST |   183 Views


PM Modi Urges NDA MPs to Promote GST 2.0 and Make in India Ahead of Sept 22 Rollout

   10 September 2025 at 08:48

Prime Minister Narendra Modi has asked NDA MPs to promote GST 2.0 reforms and the Make in India campaign by engaging traders and citizens.

Posted in GST |   117 Views


Income Tax Act 1961 Repealed from 1st April 2026, Correction Statement Deadline Announced

   10 September 2025 at 08:48

The Income Tax Act, 1961 will be repealed from April 1, 2026, under the new Income Tax Act, 2025. Correction statements for FY 2018-19 to 2023-24 must be filed by March 31, 2026, or they will be time-barred.

Posted in Income Tax |   3015 Views


Ministry of Consumer Affairs Allows Revised MRP on Unsold Stock After GST Rate Changes Till Dec 2025

   10 September 2025 at 08:47

The Ministry of Consumer Affairs has permitted manufacturers, packers, and importers to revise MRP on unsold stock due to GST rate changes until December 31, 2025. Original MRP must remain visible, with revisions limited to tax changes.

Posted in GST |   2457 Views



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