The Income Tax Department has updated the PAN registration process on its official portal, making Aadhaar-based OTP verification mandatory for all individuals registering their Permanent Account Number (PAN) online. As per the new process, users must ensure their Aadhaar is linked with a valid mobile number to receive the One-Time Password (OTP) …
Finance Minister Nirmala Sitharaman, in a significant push towards improving taxpayer experience and bolstering revenue administration, is scheduled to hold a series of high-level review meetings with top officials from the CBIC, CBDT and Customs Departments between June 19 and June 30. According to sources, the …
The Department of Trade and Taxes, Government of Delhi, has unearthed a Rs 14 crore Goods and Services Tax (GST) refund fraud. Authorities have arrested a key suspect – the proprietor of one of the fictitious firms – and have so far recovered Rs 1.16 crore. …
The Institute of Chartered Accountants of India (ICAI) has officially opened the online application window for the CA Foundation, Intermediate and Final Examinations scheduled for September 2025. Aspiring candidates must visit the official ICAI portal at eservices.icai.org to submit their online exam forms. Important Dates for Online Exam Form Submission Start …
In a major crackdown on corruption within the tax administration, the Central Bureau of Investigation (CBI) has arrested Nishan Singh Malli, Superintendent of Central Goods and Services Tax (CGST), Amroha and tax advocate Amit Khandelwal for allegedly accepting a bribe of Rs 1 lakh-part of a Rs …
The Income Tax Department, in a bid to curb misuse of tax deductions on political donations, has intensified scrutiny of claims made under Section 80GGC of the Income Tax Act. According to sources, the department has flagged numerous suspicious deductions over the past two to three …
The Institute of Chartered Accountants of India (ICAI), through its Board of Studies (Academic), has officially announced the commencement of Mock Test Papers (MTP) Series – I and II for students appearing in the CA Intermediate September 2025 Examinations. According to the notification dated June 10, 2025, Series I will begin …
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‘. The racket is thriving on the black-market …
The Institute of Chartered Accountants of India (ICAI) has released an Exposure Draft on the proposed Guidelines for Overseas Network. The draft has been issued by the Committee for Aggregation of CA Firms (CACAF), which was constituted in 2024-25 to comprehensively study and revise various guidelines …
