CAclubindia News

ICAI Issues Comprehensive Checklist for Certificates Issued by Chartered Accountants

11 August 2025 at 08:48

ICAI's Centre for Audit Quality issues an essential checklist for certificates by Chartered Accountants, ensuring compliance, accuracy and professional quality standards.

Posted in Audit | 33249 Views

ICAI Launches International ADR Centre to Promote Alternate Dispute Resolution in India

11 August 2025 at 08:42

ICAI launches the International ADR Centre to promote transparent, technology-enabled alternate dispute resolution mechanisms for commercial disputes in India.

Posted in Professional Resource | 1260 Views

Lok Sabha Passes Manipur GST Amendment Bill 2025

09 August 2025 at 09:20

Lok Sabha passes the Manipur GST Amendment Bill 2025, allowing the state to levy tax on extra neutral alcohol used for liquor production, aligning with GST Council recommendations.

Posted in GST | 318 Views

West Bengal Launches Settlement of Dispute Scheme 2025 to Provide Relief to Taxpayers

09 August 2025 at 09:09

West Bengal introduces Settlement of Dispute Scheme 2025, allowing taxpayers to resolve pending sales tax, VAT, and entry tax cases at concessional rates. Apply by September 30, 2025.

Posted in Income Tax | 537 Views

GSTN Enables UPI and Card Payments for GST - Now Live in 23 States

09 August 2025 at 09:06

GSTN launches UPI and card payment options for GST dues, now live in 23 States, enabling faster, hassle-free tax payments and boosting digital compliance.

Posted in GST | 267 Views

MSMEs to Benefit from Faster Credit Flow via RBI's Unified Lending Interface

09 August 2025 at 09:03

Government boosts MSME growth with enhanced credit schemes, SRI Fund, and SAMADHAAN portal; RBI's Unified Lending Interface promises faster, simpler loans for small businesses.

Posted in Community & General | 150 Views

ED Raids 8 Locations in Rs 730 Crore Fake GST Scam Linked to 135 Shell Firms

09 August 2025 at 08:59

ED raids eight locations in Jharkhand, Kolkata, and Mumbai in a Rs 730 crore fake GST scam linked to 135 shell firms. Probe uncovers Rs 5,000 crore fake invoices amid rising ITC fraud cases.

Posted in GST | 2214 Views

Centre Plans Persuasion Strategy to Bring More Retail Traders Under GST

09 August 2025 at 08:55

The Centre plans a persuasion-based approach to bring more traders under GST, avoiding backlash from aggressive state drives using UPI data, while focusing on awareness and formalisation of small businesses.

Posted in GST | 2298 Views

ITR-5 Excel Utility for AY 2025-26 Released

09 August 2025 at 08:42

The Income Tax Department has released the Excel Utility of ITR-5 for the Assessment Year (AY) 2025-26.

Posted in Income Tax | 477 Views

Income Tax Bill 2025 Withdrawn, Fresh Version to Be Tabled in Lok Sabha on August 11

08 August 2025 at 17:15

The government will introduce a fresh version of the Income Tax Bill, 2025 in Lok Sabha on August 11, replacing the earlier draft to incorporate Select Committee recommendations and avoid confusion from multiple versions.

Posted in Income Tax | 3042 Views