CAclubindia News
ED Uncovers Rs 10,000 Crore Money Laundering Network Involving CAs and Hawala Operators
14 January 2025 at 08:00In a major breakthrough, the Enforcement Directorate (ED) has uncovered a complex network of Chartered Accountants (CAs) and hawala operators accused of laundering over Rs 10,000 crore of black money out of India in recent years.
Tax Professionals Urge Govt to Enhance GST IMS for Better Compliance
14 January 2025 at 08:00The body of tax professionals has called on the government to make the recently introduced Invoice Management System (IMS) on the Goods and Services Tax (GST) portal more user-friendly.
ICAI Releases Schedule of May 2025 CA Exams
13 January 2025 at 13:12The Institute of Chartered Accountants of India (ICAI) has officially announced the schedule for the May 2025 Chartered Accountants (CA) Examinations.
CA Claims to be Whistleblower in Torres Jewellery Fraud, Seeks Police Protection
13 January 2025 at 09:28Days after Mumbai police initiated an investigation into the alleged multi-crore Torres Jewellery fraud case, Abhishek Gupta, a 31-year-old chartered accountant, has approached the Bombay High Court seeking police protection.
Centre Releases Rs 1.73 Lakh Crore Tax Devolution to States for Development
13 January 2025 at 08:46Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expenditures
Kerala GST Department Introduces Common Adjudicating Authority for Multiple Show Cause Notices
13 January 2025 at 08:46The Kerala GST department has announced a major relief for taxpayers dealing with multiple GST show cause notices (SCNs) issued across different districts.
Income Tax Inspector Under CBI Lens for Alleged Bribery in DIT Relief Processing
13 January 2025 at 08:46The Central Bureau of Investigation (CBI) has launched an investigation into allegations of corruption involving an income tax inspector from the International Taxation Circle, Mumbai, and an employee of a private shipping company.
Simplified Income-Tax Act Set to Launch in Budget 2025
13 January 2025 at 08:46The much-anticipated overhaul of the Income-Tax Act, 1961, is likely to be presented during the Budget session of Parliament on February 1, 2025.
Garment Trade Associations Unite to Urge GoM Against GST Rate Revision
13 January 2025 at 08:46In a landmark meeting, the CMAI, along with 14 prominent garment trade associations across India, joined forces under the banner of "One Industry, One Voice" to address pressing challenges facing the garment sector.
Budget 2025: EV Industry Seeks GST Simplification and Incentives
13 January 2025 at 08:46As Union Budget 2025 approaches, the electric vehicle (EV) industry has high hopes for policy changes to accelerate India's EV adoption and manufacturing capabilities.
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