CAclubindia News
FM Sitharaman Urges GST Officers to Be Polite, Empathetic and Tech-Driven in Dealing with Taxpayers
25 October 2025 at 06:16FM urged GST officers to be polite, empathetic, and tech-driven in dealing with honest taxpayers. She emphasized faster GST registration approvals, swift grievance redressal, and accountability within CBIC through timely disciplinary action.
GST 2.0 Sparks Auto Revival: Car Sales Double as Festive Demand Peaks
24 October 2025 at 06:15GST 2.0 has given India's automotive industry a major boost, with car sales more than doubling since September 22.
GST Rate Cut: Consumers Yet to See Full Benefit as Small Retailers Sell at Old Prices
24 October 2025 at 06:15While large companies have passed on the benefits, unorganised retailers remain slow to comply, prompting close monitoring by CBIC and government authorities to ensure full pass-through of GST benefits by December.
Banking Laws (Amendment) Act, 2025: New Nomination Rules for Depositors Effective 1st Nov 2025
24 October 2025 at 06:15Key nomination provisions under the Banking Laws (Amendment) Act, 2025 to take effect from Nov 1, allowing up to 4 nominees and ensuring transparent claim settlements.
UPI Festive Boom: Digital Payments Hit Record Rs 23.5 Lakh Crore in October 2025
24 October 2025 at 06:15UPI recorded its highest-ever single-day transaction value this Diwali, hitting Rs 1.02 lakh crore across 754 million transactions. NPCI data shows India’s festive season driving record digital payments, credit card growth, and fintech innovation.
CBDT APA Annual Report 2024-25: Unprecedented Growth in Unilateral & Bilateral Agreements
23 October 2025 at 06:14CBDT's APA Annual Report 2024-25 records a surge in Advance Pricing Agreements, offering tax certainty for multinational enterprises and strengthening India's ease of doing business
CBDT Issues Directions on Verification of Expenses in the Entertainment Sector Following C&AG Audit Report
23 October 2025 at 06:14CBDT issues fresh directions following C&AG's Performance Audit Report on the entertainment sector, instructing tax officers to ensure uniform assessment of pre-operative and film production expenses under Rules 9A and 9B of the Income-tax Rules, 1962.
Audit Flags Cost Escalation and GST Issues in Chandigarh Streetlight Works
23 October 2025 at 06:14Audit report exposes cost escalation, non-scheduled items, and unverified GST payments in Electrical Division No. 3 streetlight works. Final action from authorities awaited.
GST Authorities Arrest Key Suspect in Rs 12 Crore Fake ITC Scam
23 October 2025 at 06:14Assam GST officials arrest Ujjawal K. Agarwal for allegedly issuing fake Input Tax Credit through bogus billing worth Rs 12 crore. Bail denied, under judicial custody.
Advocate Falls Victim to Corporate Identity Theft in Rs 5.22 Crore GST Fraud Case
22 October 2025 at 06:14A 43-year-old Hyderabad advocate alleged her identity was forged to register multiple private firms, leading to ₹5.22 crore tax evasion notices.
Popular News
- GSTN Issues Advisory on e-Invoice API and e-Way Bill by IRN API Changes Effective from 1st August 2026
- ICAI 40 Under 40 Awards 2026: Nominations Open for Young Chartered Accountants
- MCA Extends DPT-3 Filing Due Date: No Additional Fees Till 31st July 2026
- RBI Streamlines Payment System Regulations with Comprehensive Master Directions
- Income Tax Act 2025: Key FAQs on Proposed Tax Exemption for FIIs Investing in G-Secs
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
