CAclubindia News
Rs 72.84 Lakh ITC Fraud: State Tax Dept Files FIR Against Fake Firm in Bareilly
11 December 2025 at 07:00A major GST evasion racket has been exposed in Bareilly after tax officials detected a fake firm that caused a Rs 72.84 lakh revenue loss by generating bogus invoices and passing fraudulent IT
Income Tax Act 2025: New ITR Forms to Be Issued Before 2027-28
10 December 2025 at 07:06New ITR forms under the Income Tax Act, 2025 will be notified before FY 2027-28, the Finance Ministry confirmed. CBDT is simplifying ITR and TDS forms ahead of the new tax law effective April 1, 2026.
Parliament Approves Health and National Security Cess on Pan Masala Units
10 December 2025 at 06:44Parliament has passed the Health and National Security Cess Bill, 2025, imposing an additional levy on pan masala units to strengthen India's defence and public health funding. The cess will apply over and above GST on demerit goods.
ITAT Ahmedabad Restores NRI's Appeal Despite 621-Day Delay Due to Wrong Email Notices
10 December 2025 at 06:44ITAT Ahmedabad restores an NRI's appeal delayed by 621 days after finding that the CIT(A) sent notices to the wrong email address. Tribunal flags faceless appeal lapses.
27-Year-Old Accountant Held for Generating Fake GST Invoices Worth Rs 11 Crore
10 December 2025 at 06:44Delhi Police arrested a 27-year-old accountant for generating fake GST invoices worth Rs 11 crore and fraudulently claiming nearly Rs 2 crore in GST refunds. Investigation ongoing.
Delhi Police Bust Fake Police & IT Squad in 1 kg Gold Robbery
09 December 2025 at 06:45Delhi Police arrested five men running a fake police and bogus IT squad behind a 1 kg gold heist. In a separate action, police busted a phone-snatching racket linked to an international smuggling network.
FM Sitharaman: First Time in Independent India That Income Tax & GST Taxes Slashed Together
09 December 2025 at 06:45FM Nirmala Sitharaman says the Modi government has made history by cutting both direct and indirect taxes in the same year, an unprecedented step in independent India.
FM Sitharaman Says Customs Reform Is Next Big Focus After Income Tax & GST Overhaul
09 December 2025 at 06:45FM Nirmala Sitharaman says customs reform is the government's next big focus after GST and income tax overhaul. Rupee slide, inflation, and RBI's upgraded GDP forecast also discussed.
CGST Ludhiana Busts Rs 54 Crore GST Fraud: Fake Invoices Worth Rs 300 Crore Detected
09 December 2025 at 06:45CGST Ludhiana uncovers a Rs 54-crore GST fraud at a Mandi Gobindgarh iron and steel firm. Fake invoices worth Rs 300 crore detected; key person arrested. Probe ongoing.
Finance Ministry Extends Countervailing Duty on Tempered Glass Imports Till June 2026
09 December 2025 at 06:45India has extended the countervailing duty on Textured Tempered Glass imported from Malaysia until June 8, 2026. The move follows DGTR's sunset review to assess continued injury to domestic industry.
Popular News
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