CAclubindia News

CBDT Notifies New ITR Form ITR-2 for AY 2025-26

05 May 2025 at 15:46

The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has officially notified a revised Income Tax Return (ITR) Form ITR-2 applicable for the Assessment Year (AY) 2025-26.

Posted in Income Tax | 279 Views

ICAI to Evaluate Financial Impact of 'One Nation, One Election' Proposal

05 May 2025 at 08:48

The Institute of Chartered Accountants of India (ICAI), the apex body for Chartered Accountants in the country, will conduct a comprehensive assessment of the financial implications of the proposed 'One Nation, One Election' (ONOE) reform.

Posted in Professional Resource | 921 Views

Delhi CM Rekha Gupta Calls for Faceless GST System, Highlights Rs 80,000 Crore in Pending Dues at ICAI Event

05 May 2025 at 08:48

Delhi Chief Minister Rekha Gupta on Saturday underscored the urgent need to make the GST system "faceless" and transparent to reduce harassment and improve compliance.

Posted in GST | 1971 Views

CBIC Introduces Grievance Redressal Mechanism for Processing of GST Registration Applications

03 May 2025 at 08:57

CBIC has issued Instruction No. 04/2025-GST dated May 2, 2025, providing a structured Grievance Redressal Mechanism for taxpayers facing issues during the registration process under the GST regime.

Posted in GST | 2133 Views

CBDT Notifies New ITR-5 Form for AY 2025-26

03 May 2025 at 08:49

The Central Board of Direct Taxes (CBDT) has officially notified a revised Income Tax Return (ITR) Form 5 applicable for Assessment Year 2025-26.

Posted in Income Tax | 2103 Views

ED Registers 5113 PMLA Cases Over a Decade

03 May 2025 at 08:37

Between 2014 to 2024, 5,113 new PMLA investigations initiated: ED Director Shri Rahul Navin

Posted in Others | 144 Views

CBDT Releases Amended Income Tax Act, 1961 Updated by Finance Act, 2025

03 May 2025 at 08:37

The Central Board of Direct Taxes (CBDT) has released the updated version of the Income-tax Act, 1961, incorporating amendments introduced by the Finance Act, 2025.

Posted in Income Tax | 2904 Views

CBDT Notifies New ITR-3 Form for AY 2025-26

02 May 2025 at 08:58

In a significant move towards streamlining income tax return filings, the Central Board of Direct Taxes (CBDT) has notified the new ITR-3 form for Assessment Year 2025-26 through Notification No. 41/2025 dated April 30, 2025.

Posted in Income Tax | 4959 Views

Shri Arvind Shrivastava takes charge as Secretary, Department of Revenue, Ministry of Finance

02 May 2025 at 08:44

The Appointments Committee of the Cabinet on 18th April 2025 appointed Shri Shrivastava as the Secretary, D/o Revenue.Previously, Shri Shrivastava, a 1994-batch Indian Administrative Service (IAS) officer of the Karnataka cadre, served as Joint Secre

Posted in Others | 111 Views

Biometric-Based Aadhaar Authentication Now Required for GST Applicants in Sikkim

02 May 2025 at 08:40

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Sikkim

Posted in GST | 195 Views