CAclubindia News
WhatsApp Chats Expose Rs 200 Crore Tax Evasion: FM Nirmala Sitharaman Justifies New Tax Bill
27 March 2025 at 08:37In a significant revelation, Finance Minister Nirmala Sitharaman disclosed that tax authorities successfully uncovered Rs 200 crore worth of tax evasion using WhatsApp messages as evidence.
CBDT releases Supplementary FAQs on the Finance Bill, 2025
26 March 2025 at 09:00Supplementary FAQs on the Finance Bill, 2025
CBDT Notifies Amendments in Income-Tax Rules to Broaden Safe Harbour Scope
26 March 2025 at 08:40CBDT Notifies Sixth Amendment to Income-Tax Rules, 2025Key Highlights of Notification No. 21/2025The Central Board of Direct Taxes (CBDT) has issued Notification No. 21/2025 on March 25, 2025, amending the Income-tax Rules, 1962.
Govt Launches MSME TEAM Initiative to Boost E-Commerce Adoption via ONDC
26 March 2025 at 08:34During the FY 2024-25, the MSMEhas launched a sub scheme under Central Sector Scheme Raising and Accelerating MSME Performance Program (RAMP), namely MSME Trade Enablement and Marketing (MSME TEAM) Initiative on 27th June 2024.
Lok Sabha Passes Finance Bill 2025 with 35 Amendments, Moves to Rajya Sabha for Approval
26 March 2025 at 08:34The Lok Sabha on Tuesday passed the Finance Bill, 2025, incorporating 35 government amendments, marking a significant step in the Budget approval process.
Income Tax Dept Flags Rs 29 Lakh Crore as Hard to Recover from Rs 43 Lakh Crore Dues
25 March 2025 at 08:41The Income Tax Department is grappling with an overwhelming backlog of direct tax arrears, with Rs 29 lakh crore classified as nearly impossible to recover, as per official submissions to the Parliamentary Standing Committee on Finance.
Supreme Court Allows NFRA to Continue Proceedings Against CAs, but Restricts Final Orders
25 March 2025 at 08:32In a crucial development impacting India's audit and accounting sector, the SC has permitted the NFRA to proceed with disciplinary cases against CAs and audit firms even where no AQRRs have been prepared and final orders are yet to be passed.
Govt Proposes to Scrap 6% Equalisation Levy on Digital Ads in Finance Bill 2025
25 March 2025 at 08:32In a significant move impacting India's digital advertising landscape, the government has proposed amendments to the Finance Bill 2025, including the removal of the 6% equalisation levy on online advertisements.
DGGI Busts Rs 171.45 Crore GST Fraud, Accused Held
24 March 2025 at 08:42The Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal Unit, has arrested Maddi Prasad in Karnataka for his alleged involvement in a massive GST fraud case.
CGST Delhi East Boosts GST Compliance in 2025 Registration Drive
24 March 2025 at 08:38CGST Delhi East Commissionerate encourages greater compliance and awareness among unregistered manufacturers and traders during GST Registration Campaign 2025
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