CAclubindia News
ED Conducts Multi-State Raids in Rs 650 Crore Fake ITC Scam
13 September 2025 at 09:02ED raids across five states in Rs 650 crore fake Input Tax Credit scam. Firms accused of bogus GST invoices to launder money. Crackdown follows earlier Rs 750 crore ITC fraud probe linked to shell companies.
56th GST Council Decisions to Benefit both Coal Producers and Consumers
13 September 2025 at 08:56The 56th GST Council meeting has reformed coal taxation by removing the Rs 400/ton GST compensation cess and raising GST from 5% to 18%.
CBIC Issues Directive for Monitoring Commodity Prices Post GST Rationalization
13 September 2025 at 08:52CBIC has directed monthly monitoring of commodity prices before and after GST rate rationalization effective September 22, 2025. Reports to track MRP changes across food, toiletries, medicines, cement and more until March 2026.
GST Reform: NPPA Directs Drug Makers to Pass on Benefits Through Revised MRPs from Sept 22
13 September 2025 at 08:48The National Pharmaceutical Pricing Authority (NPPA) has directed pharma firms to revise MRPs of medicines and medical devices from September 22, 2025, following the GST rate cut.
GST Reforms: Centre Directs Businesses to Display GST Rate Cut Benefits on Consumer Goods from Sept 22
13 September 2025 at 08:38The government has asked businesses to display pre- and post-GST prices of consumer goods as new reforms roll out on Sept 22. Cars, durables and FMCG goods set to get cheaper.
Festive Season and GST Relief Cushion India's Jewellery Industry After US Tariff Blow
13 September 2025 at 08:38India’s gems and jewellery sector faces a $10 billion export hit after the US hiked tariffs to 50%. Festive demand, GST reforms, and domestic consumption may soften the blow.
ICAI Reschedules Paper 1 of CA Final and Intermediate Exams in Punjab & Jammu City
13 September 2025 at 08:38ICAI has rescheduled CA Final and Intermediate Paper 1 exams in Punjab and Jammu City. The exams will now be held on September 24-25, 2025, with the same admit cards remaining valid.
Pune Tax Professionals Booked in Rs 500 Crore Bogus ITR Deduction Scam
12 September 2025 at 09:06The Income Tax Department has unearthed a Rs 500 crore ITR fraud in Pune, involving bogus deductions and over 10,000 fake returns filed by tax professionals.
ICAI Holds Brainstorming Meet on Academic Excellence with Focus on Global Standards and Emerging Areas
12 September 2025 at 08:44ICAI's Brainstorming Meet in New Delhi brought together leaders, experts, and academicians to shape the next-gen CA curriculum with focus on AI, ESG, forensic accounting, fintech, sustainability and advanced career development
ICAI Invites Feedback on September 2025 CA Exam Question Papers
12 September 2025 at 08:39ICAI invites CA Final, Intermediate & Foundation candidates to submit feedback on September 2025 question papers by 27th September.
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