CAclubindia News


Income Tax Act 2025 Explicitly Empowers Digital Search & Seizure: CBDT Member Clarifies

   28 August 2025 at 08:51

CBDT Member R.N. Parbat says digital search and seizure under Income Tax Act 2025 is vital to trace hidden income and assets online.

Posted in Income Tax |   4305 Views


Multiplex Industry Seeks GST Rationalisation on Movie Tickets to Boost Screen Expansion

   28 August 2025 at 08:50

High GST is hurting multiplex recovery. Exhibitors propose 5% GST on tickets under Rs 300 to drive affordability and cinema screen expansion.

Posted in GST |   1302 Views


Finance Ministry to Hold Regular Talks with MSMEs to Address Slowing Wage Growth

   27 August 2025 at 09:00

Amid concerns over slowing wage growth, the Finance Ministry plans regular meetings with MSMEs and industry leaders to help firms scale, boost hiring and support consumption.

Posted in Others |   99 Views


Karnataka Commercial Taxes Dept Arrests Fake Bill Trader in Multi-Crore GST ITC Scam

   27 August 2025 at 08:54

The Karnataka Commercial Taxes Department has arrested Bidar resident Rahul Kishan Rao Kulkarni in Hyderabad for creating fake GST registrations and issuing bogus invoices worth crores to facilitate fraudulent ITC claims.

Posted in GST |   510 Views


Finance Ministry Sets Up Forum for Pension Regulatory Coordination and Development

   27 August 2025 at 08:51

The Finance Ministry has set up a Forum for Regulatory Coordination and Development of Pension Products to harmonize regulations, strengthen consumer protection and boost India’s pension market.

Posted in Others |   1443 Views


ICAI Convocation 2025: 13,737 Newly Qualified CAs Receive Membership Pan India

   27 August 2025 at 08:42

ICAI held convocation ceremonies across 15 centers in India, conferring membership to 13,737 newly qualified Chartered Accountants. The event celebrated the achievements of new CAs, marking a significant milestone in their professional journey.

Posted in Students |   2199 Views


CBIC Urges Public to Avoid Speculation on GST Rates Ahead of Council Meeting

   27 August 2025 at 08:40

CBIC cautions against premature speculation on GST rate changes. Official decisions to be announced after the GST Council meeting on September 3-4, 2025.

Posted in GST |   1365 Views


ICAI Releases CA Foundation, Intermediate & Final Admit Cards for September 2025 Exams

   26 August 2025 at 10:23

The Institute of Chartered Accountants of India (ICAI) has officially released the admit cards for the upcoming Chartered Accountancy (CA) Foundation, Intermediate & Final exams scheduled for September 2025.

Posted in Students |   1995 Views


Chartered Accountant and his Associate Booked for Rs 217 Crore GST Scam Using Forged Signatures

   26 August 2025 at 09:44

Navrangpura police have booked a chartered accountant and his associate in Ahmedabad for allegedly defrauding a businessman of Rs 217 crore through forged signatures and bogus GST transactions.

Posted in GST |   5379 Views


CBDT Panel Recommends Tougher Benami Law With Wider Data Access for IT Department

   26 August 2025 at 09:38

Centre may tighten Benami law with Aadhaar, property, and vehicle data access for tax officials, stricter rules for shell firms and dummy directors.

Posted in Income Tax |   1491 Views



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