CAclubindia News

Direct Tax Reforms: Major Takeaways from Budget 2025-26

01 February 2025 at 13:02

Explore the key highlights of Direct Tax reforms from Budget 2025-26, including tax rate changes, exemptions, and measures aimed at enhancing compliance and promoting economic growth.

Posted in Union Budget | 7386 Views

Budget 2025-2026: Speech of FM Nirmala Sitharaman

01 February 2025 at 12:44

Get an in-depth overview of Finance Minister Nirmala Sitharaman's Budget 2025-2026 speech, highlighting key announcements, fiscal policies, and reforms aimed at driving economic growth and empowering various sectors.

Posted in Union Budget | 936 Views

Finance Bill, 2025: Key Highlights and Implications for Taxpayers

01 February 2025 at 12:33

The Finance Bill, 2025, introduced in the Lok Sabha on February 1, 2025, aims to implement the financial proposals of the Central Government for the fiscal year 2025-26.

Posted in Union Budget | 9618 Views

Highlights of Economic Survey 2024-25

31 January 2025 at 14:28

Explore the key highlights of the Economic Survey 2024-25, including GDP growth projections, fiscal policies, sector-wise performance, and key policy recommendations shaping India's economic outlook

Posted in Union Budget | 1857 Views

PM Modi Opens Budget Session 2025 with Vision for a Developed India

31 January 2025 at 13:07

The Prime Minister Shri Narendra Modi addressed the media before the start of the Budget Session of 2025 at the Parliament premises today.

Posted in Union Budget | 2043 Views

No 18% GST on Penal Charges, Confirms Finance Ministry

31 January 2025 at 09:16

In a major relief for borrowers and financial institutions, the Ministry of Finance has clarified that penal charges imposed by banks and NBFCs for non-compliance with loan terms will not attract 18% GST.

Posted in GST | 1 comments | 2355 Views

CBIC Clarifies Late Fee Applicability for GSTR-9C Filing

31 January 2025 at 09:15

CBIC has issued Circular No. 246/03/2025-GST on January 30, 2025, providing clarity on the applicability of late fees for delays in filing the reconciliation statement in FORM GSTR-9C

Posted in GST | 4893 Views

Draft Bank Branch Auditors' Panel (MEF) for 2024-25 Now Live

31 January 2025 at 09:15

The Professional Development Committee of the Institute of Chartered Accountants of India (ICAI) is pleased to announce that the Draft Bank Branch Auditors' Panel (MEF) for the year 2024-25 has been published on the official ICAI website.

Posted in Audit | 768 Views

Real Estate Sector Seeks Affordable Housing Limit Hike, Tax Benefits in Budget 2025

31 January 2025 at 09:13

The Indian real estate sector has urged the government to enhance the monetary cap for affordable housing from the current Rs 45 lakh to at least Rs 75 lakh or even Rs 1 crore, citing rising construction costs and inflation.

Posted in Union Budget | 324 Views

Finance Bill 2025 May Amend CGST Act to Introduce Track and Trace Mechanism for High-Evasion Goods