CAclubindia News

Centre Tightens GST E-Way Bill Rules After CAG Highlights Technical Loopholes

11 December 2025 at 09:17

Government acknowledges CAG-flagged deficiencies in the GST e-way bill system and outlines measures to stop multiple e-way bills, non-filer misuse and cancelled GSTIN issues.

Posted in GST | 12588 Views

GST Rates Reduced for Multiple Goods and Services: Centre Explains Rationale

11 December 2025 at 09:13

GST rate reduction approved across sectors to simplify taxes and boost ease of doing business. Govt outlines consultations and impact analysis.

Posted in GST | 204 Views

CBIC Confirms GST Rate Cut Benefits Reaching Consumers: Govt Issues Revised Pricing Orders

11 December 2025 at 09:13

The Finance Ministry has confirmed that GST rate reduction benefits from September 2025 are being passed on to consumers.

Posted in GST | 93 Views

GST Reforms Deliver Positive Impact: Collections Rise After New Two-Rate Structure

11 December 2025 at 07:01

The Finance Ministry has highlighted the impact of major GST reforms approved in 2025, including a new two-rate structure, GSTAT rollout, rate cuts on essential goods, and NIL GST on lifesaving medicines.

Posted in GST | 699 Views

Centre Flags Alarming Rise in Fake GST Firms: Rs 58,772 Crore Detected in FY 2024-25

11 December 2025 at 07:00

The Finance Ministry has reported a sharp rise in GST evasion through fake invoicing and sleeping modules, with over 24,000 cases detected in FY 2025-26 and significant revenue losses

Posted in GST | 177 Views

Income Tax Disputes Cross 5 Lakh Cases: Centre Shares Five-Year Pendency Data

11 December 2025 at 07:00

The Finance Ministry has released five-year data on income tax disputes, revealing over 5 lakh pending appeals and more than Rs 16 lakh crore locked in litigation across CIT(A), ITAT, High Courts and the Supreme Court.

Posted in Income Tax | 2139 Views

Rs 72.84 Lakh ITC Fraud: State Tax Dept Files FIR Against Fake Firm in Bareilly

11 December 2025 at 07:00

A major GST evasion racket has been exposed in Bareilly after tax officials detected a fake firm that caused a Rs 72.84 lakh revenue loss by generating bogus invoices and passing fraudulent IT

Posted in GST | 87 Views

Income Tax Act 2025: New ITR Forms to Be Issued Before 2027-28

10 December 2025 at 07:06

New ITR forms under the Income Tax Act, 2025 will be notified before FY 2027-28, the Finance Ministry confirmed. CBDT is simplifying ITR and TDS forms ahead of the new tax law effective April 1, 2026.

Posted in Income Tax | 1929 Views

Parliament Approves Health and National Security Cess on Pan Masala Units

10 December 2025 at 06:44

Parliament has passed the Health and National Security Cess Bill, 2025, imposing an additional levy on pan masala units to strengthen India's defence and public health funding. The cess will apply over and above GST on demerit goods.

Posted in Excise | 795 Views

ITAT Ahmedabad Restores NRI's Appeal Despite 621-Day Delay Due to Wrong Email Notices

10 December 2025 at 06:44

ITAT Ahmedabad restores an NRI's appeal delayed by 621 days after finding that the CIT(A) sent notices to the wrong email address. Tribunal flags faceless appeal lapses.

Posted in Income Tax | 765 Views