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ICAI Conducts Convocation Across 15 Locations; Inducts Nearly 20,000 New CAs

   31 December 2025 at 06:45

ICAI held its convocation across 15 locations on December 30, 2025, inducting nearly 20,000 newly qualified Chartered Accountants and welcoming them into the profession.

Posted in Professional Resource |   1716 Views


GST Rate Cut Boosts FMCG Demand: Daily Essentials See 9-10% Volume Growth in Dec Quarter

   31 December 2025 at 06:45

FMCG sales volumes rose 9-10% in the December quarter after GST rates on daily essentials were cut, signalling a revival in consumer demand, according to NielsenIQ data.

Posted in GST |   129 Views


MSME Year-End Review 2025: Key Achievements, Schemes and Policy Reforms

   31 December 2025 at 06:45

Year-End Review 2025 of the Ministry of MSME highlights key achievements, schemes, credit support, digital reforms, skilling initiatives and MSME growth in India.

Posted in Corporate Law |   1194 Views


MCA Extends FY 2024-25 Annual Filing Deadline to 31st January 2026 Without Late Fees

   30 December 2025 at 16:43

MCA extends the due date for filing FY 2024-25 annual returns and financial statements till 31 Jan 2026 without additional fees.

Posted in Corporate Law |   8679 Views


GSTN Introduces Strict ITC Validations: Negative Reclaim and RCM Ledger Balances to Be Disallowed

   30 December 2025 at 06:51

GSTN to soon block excess ITC reclaims and RCM ITC claims. Negative ledger balances may stop GSTR-3B filing. Key compliance changes explained.

Posted in GST |   2274 Views


UP STF Busts Inter-State GST Evasion Racket: Rs 500 Crore Tax Fraud Uncovered

   30 December 2025 at 06:51

Eight arrested after UP STF exposed a major GST scam involving shell companies, fake e-way bills and illegal ITC worth Rs 500 crore.

Posted in GST |   324 Views


Income Tax Alerts Leave Taxpayers Worried as Refunds and ITR Processing Are Paused Over Claim Mismatches

   30 December 2025 at 06:51

Got an income tax email? Refunds and ITR processing may be delayed due to claim mismatches. Here's what it means.

Posted in Income Tax |   1425 Views


Ex-Accountant Booked After Rs 56 Lakh GST Meant for Film Company CEO Goes Missing

   29 December 2025 at 06:54

Mumbai police booked a former accountant of a film production company for allegedly embezzling Rs 56 lakh meant for GST payment, raising dues to Rs 65.82 lakh.

Posted in GST |   2682 Views


Maharashtra Leads Crypto TDS Collections as VDA Tax Revenues Jump 41% in FY25

   29 December 2025 at 06:54

Maharashtra led VDA TDS collections at ₹293.40 crore in FY25 as total crypto TDS rose 41% to ₹511.83 crore, with Karnataka, Gujarat and Delhi following, reflecting exchange location and tighter tax enforcement.

Posted in Income Tax |   1134 Views


Delhi Customs Holds CCFC Meeting at IGI Airport to Boost Trade Facilitation

   29 December 2025 at 06:54

Delhi Customs convened a CCFC meeting at IGI Airport with CBIC, partner agencies, and trade bodies to discuss policy initiatives, address operational issues, and strengthen trade facilitation through transparency, efficiency, and ease of doing business.

Posted in Custom |   141 Views



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