CAclubindia News
GST 2.0 Takes Shape: Industry Seeks Rate Rationalisation and ITC Reforms in Budget 2026
20 December 2025 at 07:23GST 2.0 gathers momentum as industry looks to Budget 2026 for rate rationalisation, ITC reforms, petroleum inclusion and relief on inverted duty refunds.
Income Tax Department Tracks High-Value Transactions of Non-Filers Using NMS
20 December 2025 at 07:22Income Tax Department uses NMS, AIS and data analytics to track high-value transactions of non-filers and nudge taxpayers towards voluntary ITR compliance.
ITAT Delhi Grants Major Relief to Taxpayer in Section 14A Dispute Over Tax-Free Income
20 December 2025 at 07:20ITAT Delhi grants major relief to a taxpayer in a Section 14A dispute, ruling that Rule 8D disallowance applies only to investments generating tax-free income.
Income Tax Department Flags Transaction Mismatch, Urges Taxpayers to Review AIS Before 31st Dec
19 December 2025 at 09:37Income Tax Department has sent advisory alerts to taxpayers over ITR-AIS mismatch. Review AIS, revise or file belated return by Dec 31, 2025.
ICAI Reduces Verification & Certified Copy Fees for CA Exams Ahead of January 2026 Results
19 December 2025 at 09:27ICAI has reduced fees for verification and certified copies of CA exam answer books. New charges apply for Foundation, Intermediate, Final & PQC exams from Jan 2026 results.
Parliament Enacts Health Security se National Security Cess Act to Fund Security, Public Health
19 December 2025 at 07:01Parliament has enacted the Health Security se National Security Cess Act, 2025, introducing a machine-based cess on specified goods to fund national security and public health.
Taxpayers Get 31st Dec Deadline: Undisclosed Property, Bank Deposits Under Scanner
19 December 2025 at 07:01Income Tax Dept detects large-scale under-reporting of property and cooperative bank transactions under SFT. Taxpayers get time till December 31 to file corrected returns.
Lok Sabha Passes Insurance Law Amendment Bill 2025
19 December 2025 at 07:01Lok Sabha passes Insurance Law Amendment Bill 2025 allowing 100% FDI in insurance, strengthening IRDAI powers, boosting competition, capital inflows and policyholder protection.
No New GoM on GST Revenue Losses Yet, Says FM Sitharaman
18 December 2025 at 06:55No new GoM planned on GST revenue losses as Centre admits rate rationalisation may leave states with Rs 47,700 crore net shortfall.
GST Rate on Apparel Rationalised; 18% Tax for Garments Above Rs 2500
18 December 2025 at 06:54GST on readymade garments priced above Rs 2500 has been increased to 18% from September 22, 2025, while items up to Rs 2500 now attract 5%, the government told Lok Sabha.
Popular News
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