CAclubindia News


ICAI Releases Schedule of May 2025 CA Exams

   13 January 2025 at 13:12

The Institute of Chartered Accountants of India (ICAI) has officially announced the schedule for the May 2025 Chartered Accountants (CA) Examinations.

Posted in Students |   41913 Views


CA Claims to be Whistleblower in Torres Jewellery Fraud, Seeks Police Protection

   13 January 2025 at 09:28

Days after Mumbai police initiated an investigation into the alleged multi-crore Torres Jewellery fraud case, Abhishek Gupta, a 31-year-old chartered accountant, has approached the Bombay High Court seeking police protection.

Posted in Audit |   4632 Views


Centre Releases Rs 1.73 Lakh Crore Tax Devolution to States for Development

   13 January 2025 at 08:46

Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expenditures

Posted in Income Tax |   387 Views


Kerala GST Department Introduces Common Adjudicating Authority for Multiple Show Cause Notices

   13 January 2025 at 08:46

The Kerala GST department has announced a major relief for taxpayers dealing with multiple GST show cause notices (SCNs) issued across different districts.

Posted in GST |   336 Views


Income Tax Inspector Under CBI Lens for Alleged Bribery in DIT Relief Processing

   13 January 2025 at 08:46

The Central Bureau of Investigation (CBI) has launched an investigation into allegations of corruption involving an income tax inspector from the International Taxation Circle, Mumbai, and an employee of a private shipping company.

Posted in Income Tax |   1845 Views


Simplified Income-Tax Act Set to Launch in Budget 2025

   13 January 2025 at 08:46

The much-anticipated overhaul of the Income-Tax Act, 1961, is likely to be presented during the Budget session of Parliament on February 1, 2025.

Posted in Income Tax |   2304 Views


Garment Trade Associations Unite to Urge GoM Against GST Rate Revision

   13 January 2025 at 08:46

In a landmark meeting, the CMAI, along with 14 prominent garment trade associations across India, joined forces under the banner of "One Industry, One Voice" to address pressing challenges facing the garment sector.

Posted in GST |   273 Views


Budget 2025: EV Industry Seeks GST Simplification and Incentives

   13 January 2025 at 08:46

As Union Budget 2025 approaches, the electric vehicle (EV) industry has high hopes for policy changes to accelerate India's EV adoption and manufacturing capabilities.

Posted in Union Budget |   1596 Views


NRAI Urges Govt Support to Boost India's Restaurant Industry in Union Budget 2025-26

   11 January 2025 at 09:01

The National Restaurant Association of India (NRAI) has appealed to FM Nirmala Sitharaman to include targeted reforms and incentives for the restaurant sector in the Union Budget 2025-26.

Posted in Union Budget |   450 Views


Union Budget 2025-26: CII Recommends 25% Hike in Public Capex and Tax Relief for Middle Class

   11 January 2025 at 08:59

The Confederation of Indian Industry (CII) has urged the Union government to increase capital expenditure by 25% in FY26 while adhering to the fiscal glide path.

Posted in Union Budget |   423 Views



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