CAclubindia News


Government Fixes Major Security Flaw in Income Tax Portal, Prevents Data Leak

   09 October 2025 at 06:50

Government averts massive data breach by fixing a security flaw in the Income Tax portal after researchers flagged an IDOR vulnerability exposing taxpayer data...

Posted in Income Tax |   1824 Views


Supreme Court Clarifies Tax on Works Contracts: Printing Materials to Attract Trade Tax

   09 October 2025 at 06:49

SC verdict clarifies that goods used in executing printing contracts, including ink and chemicals, fall within the scope of taxable transfers under the U.P. Trade Tax Act, 1948.

Posted in Income Tax |   1770 Views


CBDT Clarifies Gold Jewellery Limits: Pune Households Must Know

   09 October 2025 at 06:49

CBDT clarifies how much gold jewellery you can legally own without risking seizure during income tax searches. Learn safe limits for men, married and unmarried women in Pune, documentation rules for excess holdings, and tax implications when selling gold.

Posted in Income Tax |   3687 Views


GST 2.0 Reforms Boost India's Growth, World Bank Projects 6.5% GDP for FY26

   09 October 2025 at 06:49

The World Bank has revised India's GDP forecast for FY26 to 6.5%, citing strong domestic demand, rural recovery, and GST 2.0 reforms. Q1 FY26 GDP grew 7.8%, making India the fastest-growing major economy. U.S. tariffs could pose a risk in FY27.

Posted in GST |   117 Views


CBIC introduces system-based auto-approval for IFSC code registration to enhance Ease of Doing Business

   08 October 2025 at 07:09

CBIC introduces system-based auto-approval for IFSC code registration under IEC to streamline Customs procedures, eliminate manual intervention, and ensure faster credit of export incentives enhancing ease of doing business and trade efficiency in India.

Posted in Custom |   219 Views


GST Marks 8 Years of Transformative Journey: Key Insights from the Official Statistical Report

   08 October 2025 at 06:40

As GST marks its 8th anniversary, the GST Network (GSTN) releases "8 Years of GST: Years of Commitment," a detailed report showcasing India’s progress under the tax reform.

Posted in GST |   1413 Views


ICAI Invites Empanelment of Members to Act as Observers for CA Exams January 2026

   08 October 2025 at 06:40

ICAI has invited empanelment of members to act as Observers for the Chartered Accountants Examinations, January 2026. Eligible members can apply online from October 8 to November 7, 2025, and will receive an honorarium of Rs 3750 per day.

Posted in Students |   2238 Views


GST Reduction Boosts Auto Sales, Consumers in Food and Medicine Categories See Limited Relief

   08 October 2025 at 06:40

While GST rate cuts boost auto sales, only a fraction of consumers benefit in packaged foods and medicines. LocalCircles urges govt action to ensure full pass-through.

Posted in GST |   126 Views


IRDAI Likely to Review GST ITC Impact on Insurance Distributor Payouts

   08 October 2025 at 06:40

Private insurers cut agent payouts by 15–18% to offset GST ITC loss, while LIC and public insurers maintain commissions. Agents seek intervention from IRDAI and Finance Ministry.

Posted in GST |   1410 Views


India's Fiscal Deficit on Track for FY26, but Slowing Tax Revenues Raise Concerns

   08 October 2025 at 06:40

India is on track to meet its FY26 fiscal deficit target of 4.4% of GDP, but slowing income tax and GST revenues raise concerns. Analysts flag risks amid government borrowing plans and expenditure trends.

Posted in Income Tax |   171 Views



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