CAclubindia News


Capital Market Bodies Urge STT Cut, Reforms in Pre-Budget Meeting With FM Sitharaman

   22 November 2025 at 06:33

Capital market representatives have sought lower STT, market inclusion measures and deeper reforms during a pre-Budget meeting with Finance Minister Nirmala Sitharaman.

Posted in Income Tax |   759 Views


Start-Ups Demand Capital Access, IP Reform and Tax Relief, Ahead of Union Budget 2026

   22 November 2025 at 06:33

India's start-up ecosystem has urged the Finance Ministry to expand the Fund of Funds corpus, ease credit access, offer targeted tax incentives and strengthen IP frameworks during pre-budget consultations with FM Nirmala Sitharaman.

Posted in Union Budget |   111 Views


Major Relief for CAs: Supreme Court Removes 25-Year Experience Condition for Tribunal Posts

   21 November 2025 at 06:26

The Supreme Court has clarified that Chartered Accountants no longer need 25 years of experience to qualify as technical members in tribunals like the ITAT, calling the rule arbitrary and unconstitutional.

Posted in Professional Resource |   2331 Views


Traders Claim GST Compliance Getting Tougher for Small Businesses

   21 November 2025 at 06:26

Haryana traders raised concerns over rising GST burden, complex compliance and the growing dominance of foreign online trading companies during a meeting in Sirsa.

Posted in GST |   162 Views


GSTN Issues Advisory on Mandatory Furnishing of Bank Account Details Under Rule 10A

   21 November 2025 at 06:25

GSTN issues advisory reminding taxpayers to furnish bank account details as per Rule 10A within 30 days of registration or before filing GSTR-1/IFF

Posted in GST |   2559 Views


CGST Raid on Jalandhar's Famous Dhaba: Rs 3 Crore Cash Seized, Tax Evasion Suspected

   21 November 2025 at 06:25

Central GST officials recovered Rs 3 crore cash during a raid on Agarwal Dhaba in Jalandhar, Punjab. Preliminary investigation points to large-scale tax evasion and irregularities in financial records.

Posted in GST |   1572 Views


Telangana Issues SOP to Prevent Multiple GST Orders for Same Cause of Action

   21 November 2025 at 06:25

The Telangana Commercial Taxes Department has issued a new SOP to prevent and rectify multiple GST orders issued for the same cause of action under the TGST Act, 2017.

Posted in GST |   1194 Views


Capital Gains Tax Relief Process Simplified Under New 2025 Amendment Scheme

   20 November 2025 at 09:35

The Finance Ministry has notified the Capital Gains Accounts (Second Amendment) Scheme, 2025, introducing digital payments, electronic statements, and mandatory online account closure from April 1, 2027.

Posted in Income Tax |   33051 Views


CBDT Expands Capital Gains Account Scheme: 19 More Banks Authorised Nationwide

   20 November 2025 at 09:27

The Central Government has authorised all non-rural branches of 19 major banks including HDFC, ICICI, Axis, Kotak and Bandhan Bank to operate the Capital Gains Account Scheme (CGAS), 1988, easing access for taxpayers seeking capital gains tax exemptions.

Posted in Income Tax |   4092 Views


GST Cut Impact Limited as Apparel and Footwear Sales Decline in September Quarter

   20 November 2025 at 09:21

Despite GST cuts on apparel and footwear, India’'s festive sales remained muted as early Diwali, weak discretionary spending and GST transition delays hurt demand across retailers.

Posted in GST |   315 Views



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