CAclubindia News
ICAI Suspends Two CAs for Professional Misconduct in Separate Disciplinary Cases
19 April 2025 at 08:03ICAI suspends CA Praveen Murarka and CA Subhash Chander Sharma for professional misconduct, reinforcing its commitment to ethical standards and disciplinary action within the profession.
Income Tax Dept Probes Startups on Foreign Funds from Singapore
19 April 2025 at 07:22In a significant move that could impact India's thriving startup ecosystem, the Income Tax Department has issued show cause notices to multiple startups regarding foreign investments routed through Singapore over the past five years.
Tea Stall Worker in Gujarat Shocked After Receiving Rs 115 Crore Income Tax Notice
19 April 2025 at 07:22As the financial year nears its end and salaried professionals across India gear up for tax filings, an unusual and baffling incident has emerged from Gujarat. ..
No GST on UPI Payments Over Rs 2000, Says Government Amid Viral Rumors
19 April 2025 at 07:22Claims that Government is considering levying Goods and Services Tax (GST) on UPI transactions over ₹2,000 are completely false, misleading, and without any basisThe claims that the Government is considering levying Goods and Services Tax (GST) on UP
CBIC Issues Instructions to Streamline GST Registration Process and Curb Harassment
18 April 2025 at 10:33In a move aimed at striking a balance between facilitating genuine taxpayers and cracking down on fraudulent entities, the CBIC has issued Instruction No. 03/2025-GST to streamline the processing of GST registration applications.
Lok Sabha Panel Reviews Income Tax Bill 2025 Ahead of Monsoon Session
18 April 2025 at 08:41The Select Committee of the Lok Sabha on the proposed Income-Tax Bill, 2025 convened a crucial meeting today at Parliament House, New Delhi. Chaired by BJP Member of Parliament Baijayant Panda, the 31-member panel is actively reviewing the draft legi
Ice Cream Industry Appeals for GST Relief, Cites Nutrition and Affordability
18 April 2025 at 08:29In a creative pitch to reduce GST on ice cream from 18% to 5%, the Indian Ice-cream Manufacturers' Association quoted Steve Jobs and highlighted affordability, nutrition, and unfair tax comparisons with other dairy products
Nagpur Man Slapped with Rs 314 Crore Tax Notice in Rs 560 Crore Hawala Scam Probe
18 April 2025 at 08:27In a bizarre twist of events, Chandrashekhar Kohad, a petty contractor originally from Nagpur and currently living in Multai, Madhya Pradesh, has been served a staggering Rs 314 crore income tax demand - an amount he says he cannot even comprehend.
Income Tax Department Uses AI to Monitor High-Value Financial Transactions
17 April 2025 at 08:40The Income Tax Department is rapidly upgrading its surveillance and compliance ecosystem, powered by Artificial Intelligence (AI) and advanced data analytics. According to leading tax experts, the department's intensified focus on high-value transact
E-Way Bill Generation Hits Record 12 Crore in March, Signalling Robust FY25 Close
17 April 2025 at 08:24In a strong indication of buoyant year-end economic activity, e-way bill (EWB) generation surged to an all-time high of over 12 crore in March 2025, marking a significant 20% rise compared to the previous month.
Popular News
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