The GSTN has announced that the auto-populated tax liability in Form GSTR-3B will become non-editable starting from the July 2025 tax period, which is to be filed in August 2025.
Starting July 2025, the GSTN portal will restrict filing of GST returns older than three years. Taxpayers are advised to reconcile and file pending returns promptly to avoid compliance issues.
Adani Group paid Rs 74,945 crore in taxes and related contributions in FY25 - a 29% increase from last year. The voluntary Tax Transparency Report highlights direct, indirect, and global tax payments.
An accountant from Panipat was robbed of Rs 29 lakh by imposters posing as GST officials near the Samalkha bypass. Police from Haryana and Uttar Pradesh have launched a joint investigation.
RBI cuts repo rate by 50 bps to 5.50% in June 2025 MPC meet to support growth; CPI inflation forecast lowered to 3.7%, GDP growth retained at 6.5%. Policy stance shifted to neutral.
ICAI releases Exposure Draft on Guidelines for Overseas Network by Committee for Aggregation of CA Firms (CACAF); invites public comments by June 27, 2025. Download and submit your views online or via email/post.
The Finance Ministry has initiated consultations with industry stakeholders to address persistent concerns surrounding the GST and gather suggestions for streamlining the indirect tax framework.
The Income Tax Department, in a significant move to curb tax evasion, has intensified its scrutiny of High Net Worth Individuals (HNIs) suspected of underreporting their income.
A shocking nationwide scam involving the illegal sale of sensitive GST data of traders has come to light, with Delhi, Ghaziabad and Noida emerging as operational hubs of a data racket allegedly run by a gang named 'Data Solution'.
Anti-Corruption Bureau (ACB), Faridabad, on Monday arrested a female GST Inspector, identified as Sumitra, while she was allegedly accepting a bribe of Rs 5,000 in exchange for issuing a GST registration number.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CAclubindia
