CAclubindia News


Union Budget 2025: Expectations Soar for Personal Income Tax Cuts Amid Economic Challenges

   28 January 2025 at 08:37

As the Union Budget 2025 approaches, anticipation is mounting over possible cuts in personal income tax rates.

Posted in Union Budget |   354 Views


GSTN Defers Hard-Locking of Auto-Populated Liability in GSTR-3B

   28 January 2025 at 08:37

The GST Network (GSTN) had issued an advisory on October 17, 2024, regarding the planned implementation of non-editable auto-populated liability in GSTR-3B starting from the January 2025 tax period.

Posted in GST |   8352 Views


GSTN Advisory: Introduction of E-Way Bill for Gold in Kerala Effective 20th Jan 2025

   28 January 2025 at 08:37

To enhance compliance and streamline the intrastate movement of gold, the GST Network (GSTN) has introduced a dedicated option for generating E-Way Bills (EWB) for gold in Kerala.

Posted in GST |   1212 Views


Unified Pension Scheme for Central Government Employees: Key Highlights and Benefits

   27 January 2025 at 09:04

The Ministry of Finance, on January 24, 2025, unveiled a groundbreaking "Unified Pension Scheme" (UPS) for Central Government employees under the National Pension System (NPS)

Posted in Others |   975 Views


Supreme Court Declines PIL Challenging TDS System as 'Arbitrary and Irrational'

   27 January 2025 at 08:58

The Supreme Court on Friday dismissed a Public Interest Litigation (PIL) seeking to declare the Tax Deducted at Source (TDS) system as "manifestly arbitrary, irrational, and violative of fundamental rights."

Posted in Income Tax |   2655 Views


Budget 2025 Expectations: Real Estate Sector Looks Forward to Policy Boosts and Tax Incentives

   27 January 2025 at 08:58

The Indian real estate sector, after a remarkable recovery in 2024 with residential demand peaking at an 11-year high and office leasing activity surpassing 53.3 million square feet, anticipates crucial reforms in the Union Budget 2025-26.

Posted in Union Budget |   1638 Views


Bombay High Court Disposes of PIL Regarding Eligibility of Rebate u/s 87A of the Income Tax Act

   25 January 2025 at 10:21

The Bombay High Court on January 24, 2025, disposed of the Public Interest Litigation (PIL) filed by the Chamber of Tax Consultants concerning the eligibility of the rebate under Section 87A of the Income Tax Act, 1961.

Posted in Income Tax |   4542 Views


Budget 2025: Smallcase Managers Anticipate Income Tax Reforms and Growth-Centric Policies

   25 January 2025 at 09:14

The recently released Smallcase Managers Budget 2025-26 Survey Report sheds light on key expectations from the upcoming Union Budget.

Posted in Union Budget |   588 Views


CBIC cautions against fraudsters issuing fake and fraudulent Summons for GST violations

   25 January 2025 at 09:13

It has been recently observed that some individuals with fraudulent intent are creating and sending fake summons to the taxpayers who may or may not be under investigation by the DGGI, CBIC.

Posted in GST |   2838 Views


GSTN Advisory: Ensure Business Continuity with e-Invoice & e-Waybill Redundancies

   25 January 2025 at 08:57

Advisory on Business Continuity for e-Invoice and e-Waybill Systems

Posted in GST |   2307 Views