CAclubindia News

Income Tax Department Conducts Massive Raids in Andaman and Nicobar Islands Over Tax Irregularities

09 December 2024 at 09:12

In a large-scale operation, over 120 officials from the Income Tax (IT) Department are conducting searches at multiple locations across the Andaman and Nicobar Islands.

Posted in Income Tax | 1143 Views

Ajit Pawar and Family Cleared of Benami Property Allegations: Rs 1000 Crore Worth of Assets Released

09 December 2024 at 09:10

In a significant turn of events, Maharashtra Deputy Chief Minister Ajit Pawar and his family have been exonerated of allegations of owning benami properties.

Posted in Income Tax | 2340 Views

Farmer Union Demands GST Exemption and Doubling of PM-Kisan Benefits Ahead of Budget 2025-26

09 December 2024 at 09:06

In a pre-budget consultation meeting with Finance Minister Nirmala Sitharaman on Saturday, the Bharatiya Kisan Union (BKU) (Apolitical) presented a series of demands aimed at alleviating the challenges faced by farmers.

Posted in GST | 1773 Views

Biometric Aadhaar Authentication Now Mandatory for GST Registration in Haryana, Manipur, Meghalaya & Tripura

09 December 2024 at 09:01

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Haryana, Manipur, Meghalaya and Tripura

Posted in GST | 522 Views

Aerated Beverage Industry Opposes GST Hike, Cites Growth Challenges

07 December 2024 at 09:06

The Indian Beverage Association (IBA) has raised concerns over the current 40% GST levied on aerated beverages, calling it a significant bottleneck for the industry's growth.

Posted in GST | 1596 Views

Apparel Industry Opposes Proposed GST Hike by GoM, Warns of Growth Setbacks

07 December 2024 at 08:59

As the GST Council prepares to deliberate on recommendations from the Group of Ministers (GoM) on rate rationalization, the proposed hike in GST rates on readymade garments has stirred significant apprehension within the apparel industry.

Posted in GST | 1971 Views

61 Kg Silver Seized in Jharkhand, GST Evasion Probe Underway

07 December 2024 at 08:59

The Government Railway Police (GRP) in Rourkela has seized approximately 61 kilograms of silver from a Jharkhand man, triggering a State GST inquiry into potential tax evasion.

Posted in GST | 471 Views

Rajkot Businessman Arrested for Alleged Rs 186 Crore GST Scam

07 December 2024 at 08:58

The Goods and Services Tax (GST) department has arrested Pragnesh Kantaria, the alleged mastermind behind a massive ₹186 crore GST scam.

Posted in GST | 1341 Views

RBI Cuts CRR to 4%, Maintains Repo Rate, Lowers FY25 GDP Growth Forecast to 6.6%

06 December 2024 at 12:39

Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Others | 441 Views

ED, CBI Bust Rs 640 Crore Cyber Fraud, Arrest CAs and Crypto Trader

06 December 2024 at 10:58

In a significant operation against financial frauds, the ED and the CBI have uncovered a massive Rs 640-crore cyber scam targeting individuals through fake job offers, phishing, and illegal betting activities.

Posted in Professional Resource | 2445 Views