In 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. This is the highest number of e-way bills generated in a single month since the …
The Institute of Chartered Accountants of India (ICAI) has officially released the CA Admit Card 2025 for candidates appearing in the May 2025 session of the CA Intermediate and CA Final examinations. Students can now access and download their admit cards from the ICAI’s official exam services portal – eservices.icai.org. ICAI CA May 2025 …
In response to mounting confusion among apartment dwellers and Resident Welfare Associations (RWAs) over GST applicability on monthly maintenance charges, the Ministry of Finance and Corporate Affairs has issued a detailed clarification. Following a report titled “GST shadow looms over apartment complexes” published on April 11, …
The GST department has reportedly issued summons to several restaurants listed on popular food delivery platforms such as Swiggy and Zomato. According to a report, the summons are related to the levy and reporting of GST on packaging charges collected from customers. GST Authorities Probe Packaging …
Dabur India’s iconic digestive candy Hajmola has come under the radar of the Directorate General of GST Intelligence (DGGI). According to a report, the DGGI’s Coimbatore zone is probing whether Hajmola should be taxed as an ayurvedic medicine, attracting 12% GST or reclassified as a confectionery item, which carries a …
As apartments become the cornerstone of urban living in Karnataka, a new financial burden looms large for residents. The 2025-26 Union Budget has introduced a game-changer: housing societies must now impose an 18% GST on monthly maintenance fees if collections exceed Rs 20 lakh annually or if …
In a startling case that has brought into question the misuse of identity documents and systemic loopholes, a middle-aged master mason from the Multai area of Betul district has received an income tax recovery notice worth Rs 314.79 crore-despite claiming to earn no more than Rs 500 a day. …
The Institute of Chartered Accountants of India (ICAI), through its Auditing and Assurance Standards Board (AASB), has released an Exposure Draft of Standards on Auditing (SAs) for Limited Liability Partnerships (LLPs). This marks a significant milestone as it is the first time auditing standards will be notified …
Productivities of Lok Sabha and Rajya Sabha during Budget Session were approximately 118% and 119% respectively 16 Bills passed by both Houses of Parliament The Budget Session, 2025 of Parliament which commenced on Friday, the 31st of January, 2025, adjourned sine-die on Friday, the 4th of April, 2025. …
The President and Vice President of the Institute of Chartered Accountants of India (ICAI), along with his central council members from North India, visited the city during a members’ meeting and seminar on income tax organised here on Thursday. President Charanjot Singh Nanda told the gathering, …
