CAclubindia News

CBIC Highlights Next-Gen GST Reforms at India International Trade Fair 2025

17 November 2025 at 06:34

CBIC Chairman Sanjay Kumar Agarwal inaugurated the "GST & Customs Pavilion" at the 44th India International Trade Fair (IITF) 2025 in New Delhi

Posted in GST | 150 Views

Confusion Over Section 234B Interest: GCCI Demands Clarity in Income Tax Act

17 November 2025 at 06:34

GCCI has urged the government to amend the Income Tax Act after many taxpayers received interest demand notices under Section 234B despite paying dues while filing updated returns.

Posted in Income Tax | 645 Views

DGGI Files 299-Page Chargesheet in Rs 7.18 Crore GST Evasion Case

17 November 2025 at 06:34

DGGI has filed a 299-page chargesheet against Tushar Raheja in a Rs 7.18 crore GST evasion case involving fake bills and eight bogus firms.

Posted in GST | 84 Views

Insurance Demand Rises Sharply Post GST Rate Cut, Says IRDAI

17 November 2025 at 06:34

IRDAI reports strong growth in life and retail health insurance after GST on premiums was cut to zero.

Posted in GST | 246 Views

Hyderabad GST Fraud: 2 Arrested for Creating 10 Fake Firms, Claiming Rs 11.79 Crore ITC

17 November 2025 at 06:34

Cyberabad Police have arrested two persons in a major GST fraud case involving 10 fake firms and Rs 11.79 crore fraudulent ITC claims.

Posted in GST | 87 Views

Rs 35 Crore GST Notice Shocks Labourer in Moga, Fake Company Registered in His Name

17 November 2025 at 06:34

A daily-wage labourer in Moga, Punjab, has been served a shocking Rs 35 crore GST notice after a fake company was registered in his name, using his Aadhaar and PAN. He claims no business, no PAN and demands justice.

Posted in GST | 72 Views

Income Tax Act 2025: CBDT Chairman Instructs Officers to Start Preparations for April 2026 Implementation

17 November 2025 at 06:33

CBDT Chairman Ravi Agrawal has directed tax authorities nationwide to begin preparations for the implementation of the new Income Tax Act 2025, set to replace the 1961 law from April 1, 2026

Posted in Income Tax | 1617 Views

Man Arrested for Posing as Income Tax Officer, Duping Woman of Rs 55.8 Lakh

15 November 2025 at 07:41

A man posing as an Income Tax officer was arrested in Palghar for conducting a fake raid and cheating a woman of Rs 55.8 lakh. Police are searching for his accomplices.

Posted in Income Tax | 648 Views

GST 2.0 Driving Transparency & Growth: ICAI President Outlines Key Reforms

15 November 2025 at 07:17

ICAI President’s November message highlights GST 2.0 reforms, MSME Clinic rollout, global benchmarking of CA qualification, and ICAI’s growing global and digital initiatives.

Posted in GST | 1053 Views

CBDT Seeks Clarity From MeitY on Tax Incentives for Data Centres Under New Policy

15 November 2025 at 06:44

CBDT has asked MeitY for detailed definitions and eligibility criteria for proposed long-term tax incentives for data centres, citing concerns over misuse and revenue loss.

Posted in Income Tax | 831 Views