The Institute of Chartered Accountants of India (ICAI) has released the second edition of its Handbook on Input Service Distributor (ISD) under GST, updated till September 2025.
FM urged GST officers to be polite, empathetic, and tech-driven in dealing with honest taxpayers. She emphasized faster GST registration approvals, swift grievance redressal, and accountability within CBIC through timely disciplinary action.
GST 2.0 has given India's automotive industry a major boost, with car sales more than doubling since September 22.
While large companies have passed on the benefits, unorganised retailers remain slow to comply, prompting close monitoring by CBIC and government authorities to ensure full pass-through of GST benefits by December.
Key nomination provisions under the Banking Laws (Amendment) Act, 2025 to take effect from Nov 1, allowing up to 4 nominees and ensuring transparent claim settlements.
UPI recorded its highest-ever single-day transaction value this Diwali, hitting Rs 1.02 lakh crore across 754 million transactions. NPCI data shows India’s festive season driving record digital payments, credit card growth, and fintech innovation.
CBDT's APA Annual Report 2024-25 records a surge in Advance Pricing Agreements, offering tax certainty for multinational enterprises and strengthening India's ease of doing business
CBDT issues fresh directions following C&AG's Performance Audit Report on the entertainment sector, instructing tax officers to ensure uniform assessment of pre-operative and film production expenses under Rules 9A and 9B of the Income-tax Rules, 1962.
Audit report exposes cost escalation, non-scheduled items, and unverified GST payments in Electrical Division No. 3 streetlight works. Final action from authorities awaited.
Assam GST officials arrest Ujjawal K. Agarwal for allegedly issuing fake Input Tax Credit through bogus billing worth Rs 12 crore. Bail denied, under judicial custody.
GST Regular Batch For May 26, Sep 26 & Jan 27 Exams
Certification Course on GSTR-3B and GSTR-2B Reconciliation using AI Tools