CAclubindia News
CBDT Notifies REC Ltd.'s Rs 5,000 Crore Zero Coupon Bond u/s 2(48) of IT Act
03 June 2025 at 09:18The Ministry of Finance, Department of Revenue, CBDT, has issued Notification No. 52/2025 dated May 30, 2025, formally recognizing the "Ten Year Zero Coupon Bond" issued by REC Ltd. as a zero coupon bond under Clause (48) of Section 2
MCA to Launch 38 Final Company Forms on V3 Portal from July 14, 2025
02 June 2025 at 09:26The Ministry of Corporate Affairs (MCA) is set to roll out the final set of 38 company e-forms on its upgraded V3 portal starting July 14, 2025, marking a major step forward in the government’s digital corporate governance initiatives.
Chartered Accountant Arrested for Accepting Rs 10 Lakh Bribe on Behalf of CGST Officer
02 June 2025 at 09:24In a major anti-corruption move, the Punjab Vigilance Bureau has arrested a Chartered Accountant (CA), Gursewak Singh, red-handed while accepting a bribe of Rs 10 lakh.
Gross GST Revenue Jumps 16.4% in May 2025, Hits Rs 2.01 Lakh Crore Mark
02 June 2025 at 09:21India's GST collections surged to Rs 2,01,050 crore in May 2025, marking a robust 16.4% year-on-year growth from Rs 1,72,739 crore in May 2024, according to provisional data released by the Ministry of Finance.
ICAI Embraces AI: Officers Equipped for Faster and Smarter Disciplinary Procedures
02 June 2025 at 09:18ICAI has taken notable strides in integrating Artificial Intelligence into the professional development of Chartered Accountants.
FM Sitharaman Urges Tax Officials to Uphold Trust After GST Registration Complaint
31 May 2025 at 16:26Union Finance Minister Nirmala Sitharaman on Saturday reiterated the responsibility of tax officials to serve taxpayers with "transparency and integrity," emphasizing the need for trust-building between the government and the public.
Indian Civil Accounts Service Rules, 2025 Released
31 May 2025 at 08:32In a significant administrative reform, the Ministry of Finance (Department of Expenditure) has notified the Indian Civil Accounts Service (Group 'A') Rules, 2025, replacing the older 2006 rules.
CBDT Includes Sikkim in Section 80-IE Tax Deduction via Corrigendum
31 May 2025 at 08:32CBDT, under the Ministry of Finance, has released a corrigendum to its earlier notification G.S.R. 290(E) dated May 6, 2025, introducing key amendments related to income tax return forms and deductions under Section 80-IE of the Income Tax Act, 1961.
Rajnath Singh Calls UPI a 'Game-Changer', Hails GST as Model of National Integration at CII Business Summit 2025
31 May 2025 at 08:32Defence Minister Rajnath Singh on Wednesday lauded India's digital and economic reforms, calling the UPI a "game-changer" and the GST a "model of national economic integration rooted in trust"
Retired Central Govt Employees Can Now Claim Extra Pension Benefits Under UPS
31 May 2025 at 08:32Retired Central Government NPS Subscribers with minimum 10 years of qualifying service can claim additional benefits under Unified Pension Scheme (UPS)
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