CAclubindia News

GST Cut Boosts Ice-Cream Market, Organised Players See Surge in Demand

30 September 2025 at 08:41

GST rate cut from 18% to 5% boosts India's ice-cream market, driving demand for organised players like Amul, HUL, and Vadilal, while fostering innovation and expansion across urban and rural areas.

Posted in GST | 1224 Views

FHRAI Urges GST Council to Revisit 5% Slab Without ITC for Hotels Under Rs 7500 Tariff

30 September 2025 at 07:47

FHRAI has urged the GST Council to review the 5% GST slab on hotel tariffs up to Rs 7500 without ITC, warning it burdens mid-market hotels, affects affordability, and chokes investment in India’s hospitality sector.

Posted in GST | 1476 Views

MCA Extends Deadline for Filing DIR-3 KYC Without Fee to October 15, 2025

30 September 2025 at 07:38

The Ministry of Corporate Affairs (MCA) has extended the due date for filing DIR-3 KYC and DIR-3 KYC-WEB without fees to October 15, 2025, offering directors more time to meet compliance requirements.

Posted in Corporate Law | 3924 Views

Government Extends APR Filing Deadline for SEZ Units to December 31, 2025

30 September 2025 at 07:28

The Government of India has extended the due date for SEZ Annual Performance Report (APR) filing for FY 2024-25 to December 31, 2025, aligning it with GST audit deadlines to ease compliance.

Posted in Corporate Law | 2289 Views

CA Firm's Re 1 Audit Fee Sparks Nationwide Debate on Audit Standards and Professional Ethics

29 September 2025 at 10:30

Chandra Gupta & Associates' Re1 statutory audit bid for NHAI subsidiary raises questions on audit quality, fee sustainability, and professional ethics in India...

Posted in Audit | 7896 Views

ICAI Releases Income Tax Act, 2025: A Simplified Tax Framework Unveiled

29 September 2025 at 09:33

The ICAI has launched the Income Tax Act, 2025, replacing the 1961 Act with a simplified, taxpayer-friendly framework effective April 1, 2026.

Posted in Income Tax | 10740 Views

Finance Ministry Highlights Positive Impact of GST Reforms Amid Global Trade Risks

29 September 2025 at 09:16

Finance Ministry says recent GST rate cuts will lower inflation and boost India’s growth, while warning of trade uncertainties and global market risks.

Posted in GST | 1266 Views

Two Income Tax Officials Jailed 4 Years for Rs 15 Lakh Bribe

29 September 2025 at 09:11

Two Income Tax officials sentenced to 4 years in jail for accepting ₹15 lakh bribe in Jodhpur CBI court; jeweller acquitted due to insufficient evidence.

Posted in Income Tax | 2277 Views