CAclubindia News


MSME Lending Gets a Boost with CAM Launch; Digital Payment Infrastructure Enhanced

   04 December 2025 at 06:59

The Government has launched a new Credit Assessment Model (CAM) for MSMEs to enable digitally driven, automated loan appraisal using verifiable ecosystem data.

Posted in Corporate Law |   291 Views


NFRA Rolls Out Audit Practice Toolkits and Survey 2025 to Support Small & Medium Audit Firms

   04 December 2025 at 06:59

NFRA launches nationwide outreach programmes and its first-ever Audit Firms Survey 2025, introduces 'Audit Practice Toolkits' and strengthens audit quality through revised standards, inspections, and capacity-building initiatives.

Posted in Audit |   6522 Views


FDI Policy Under Ongoing Review to Enhance India's Global Investment Appeal

   04 December 2025 at 06:59

FDI Policy Under Continuous Review to Maintain India's Attractiveness as an Investment Destination

Posted in Others |   210 Views


ICAI President Announces Major Reforms, Global Alliances and AI-Readiness Initiatives for the Accounting Profession

   04 December 2025 at 06:59

ICAI President highlights the profession's journey of continuous growth, global leadership and responsible AI adoption while outlining key initiatives

Posted in Professional Resource |   1287 Views


ICAI Sets Guinness World Record with India's Largest Career Guidance Lesson for Youth

   04 December 2025 at 06:59

ICAI has set a Guinness World Record for the Largest Careers Advice Lesson during the CAFY 4.0 & Super Mega Career Counselling Programme in Mumbai, guiding 6,166 students in one structured session.

Posted in Professional Resource |   1245 Views


Finance Ministry Allows 80G Donations for Rs 50 Crore Renovation of Iconic Balakrishna Lalji Temple

   03 December 2025 at 09:29

The Ministry of Finance has notified the Shree Balakrishna Lalji & Other Deities Temple in Bhuleshwar, Mumbai as a place of historic importance under Section 80G.

Posted in Income Tax |   177 Views


Commercial Taxes Dept Uncovers Nearly Rs 100 Crore GST Evasion in Bengaluru

   03 December 2025 at 06:42

Bengaluru's GST Enforcement Wing detects nearly Rs 100 crore tax evasion in electronics, steel, cement and retail sectors during a 10-day crackdown.

Posted in Income Tax |   222 Views


Delhi HC Warns GST & Income Tax Departments Against Using AI-Generated Judgments in SCNs

   03 December 2025 at 06:42

Delhi High Court warns GST and Income-Tax departments against using AI-generated case laws in show cause notices, citing risks of fake judgments and AI hallucinations.

Posted in Income Tax |   1554 Views


Mumbai Security Guard Gets IT Notice After Rs 2.2 Crore Fraud Using His PAN

   03 December 2025 at 06:42

A Mumbai security guard earning Rs 3 lakh annually received IT notices after fraudsters used his PAN to register a company that made Rs 2.2 crore transactions. ..

Posted in Income Tax |   4557 Views


Karnataka HC Slams Coercive GST Recovery, Directs Refund of Rs 10 Crore to Trader

   03 December 2025 at 06:42

Karnataka High Court orders refund of Rs 10 crore GST payment, ruling it was not voluntary but coerced during a 2023 raid. Court directs 6% interest on refund.

Posted in GST |   3084 Views



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