CGST Delhi Busts Rs. 6.53 Crore Fake ITC Scam; Director Arrested Over Bogus Rs. 36.28 Crore Invoices

CGST Delhi Busts Rs. 6.53 Crore Fake ITC Scam; Director Arrested Over Bogus Rs. 36.28 Crore Invoices The Anti-Evasion Branch of the Central Goods and Services Tax (CGST), Delhi South Commissionerate, has uncovered a massive tax evasion case involving the availment of bogus Input Tax Credit (ITC) amounting to Rs. 6.53 Crore using fake invoices of Rs. 36.28 crore. In...

ICAI Releases Exposure Draft of Guidance Note on Audit of Banks; Invites Comments Till Feb 23

ICAI Releases Exposure Draft of Guidance Note on Audit of Banks; Invites Comments Till Feb 23 The Institute of Chartered Accountants of India (ICAI) recently...

AAR Rejects Concessional GST Rate on Mining Lease Services; Upholds 18% GST on Mineral Extraction Royalty

AAR Rejects Concessional GST Rate on Mining Lease Services; Upholds 18% GST on Mineral Extraction Royalty The company, Ramandeep Upkarsingh Bindra (Black Rock Crusher), has...

CJI Received Over 8,000 Complaints Against Judges in a Decade, Says Govt

CJI Received Over 8,000 Complaints Against Judges in a Decade, Says Govt In response to a Lok Sabha query by Matheswaran VS, Minister of State...

IPO

Stock Market

Microsoft AI Chief Warns White-Collar Jobs May Vanish Within a Year

Microsoft AI Chief Warns White-Collar Jobs May Vanish Within a Year On Thursday, Microsoft AI CEO Mustafa Suleyman said that within the next 12 to...

Once Section 115BAB is Opted, it Cannot be Withdrawn in Subsequent Years: ITAT

Once Section 115BAB is Opted, it Cannot be Withdrawn in Subsequent Years: ITAT The Income Tax Appellate Tribunal (ITAT), Delhi, allowed a company to claim...

Finance

Business

GST

Personal Finance

Retirement Planning in Focus: NPS Equity Funds Outshine Large-Cap Mutual Funds in 2025

Retirement Planning in Focus: NPS Equity Funds Outshine Large-Cap Mutual Funds in 2025 With inflation on the rise and life expectancy growing, retirement planning has emerged as an important aspect of financial planning for Indian investors. Amongst the...

Top Investment Options for Your Child to Ensure His Future

Top Investment Options for Your Child to Ensure His Future Financial security for a child is a key responsibility of parents. Financial help is needed...

Smart Tax-Saving Strategies: 7 Investment Options for Maximum Benefits

Smart Tax-Saving Strategies: 7 Investment Options for Maximum Benefits Tax planning is an important aspect of financial management, enabling individuals to lower their taxable income...

NSC vs. Bank FDs: Which Offers Better Tax Savings and Greater Returns?

NSC vs. Bank FDs: Which Offers Better Tax Savings and Greater Returns? In seeking secure investment options that are additionally tax deductible, the National Savings...

Tax-Saving for ITR Filing in AY 2025-26: Tax Loss Harvesting a Smart Strategy to Reduce Tax Liability in a Falling Market

Tax-Saving for ITR Filing in AY 2025-26: Tax Loss Harvesting a Smart Strategy to Reduce Tax Liability in a Falling Market With the end of...

Income Tax Officers can Gain Access to your Emails and Social Media Profiles From April 2026

Income Tax Officers can Gain Access to your Emails and Social Media Profiles From April 2026 The new bill is allowing tax officers to gain...

IRDAI released Claim Settlement Ratios for all Indian Life Insurance Companies in 2025

IRDAI released Claim Settlement Ratios for all Indian Life Insurance Companies in 2025 The Insurance Regulatory and Development Authority of India (IRDAI) has released the...

Special-Tenure FD Schemes That Offer Rates up to 8.05%; Invest before March 31, 2025

Special-Tenure FD Schemes That Offer Rates up to 8.05%; Invest before March 31, 2025 Several banks have introduced special fixed deposit (FD) schemes that offer...

5 Changes in March Will Affect Your Wallet; Know How?

5 Changes in March Will Affect Your Wallet; Know How? As the financial year is about to end, it is time to finish a number...

Income Tax

Unifi Mutual Introduces Flexi Cap Fund with Growth and Diversification Orientation

Unifi Mutual Introduces Flexi Cap Fund with Growth and Diversification Orientation Unifi Mutual Fund launched its second scheme, the Unifi Flexi Cap Fund. The New Fund Offer (NFO) for investment was opened till May 30, 2025. This is an open-ended equity...

Cryptocurrency

Audit Firm Director Arrested for Stealing Seized Digital Assets of Rs 30 Crore

Audit Firm Director Arrested for Stealing Seized Digital Assets of Rs 30 Crore Mumbai Police, on Friday, arrested a key official in a forensic audit...

Government Mandates Cybersecurity Audits for Crypto Exchanges to Prevent Cyber Theft

Government Mandates Cybersecurity Audits for Crypto Exchanges to Prevent Cyber Theft In an effort to control the rising cyber thefts in the country, the government...

Bitcoin’s Bull Market Explained: What’s Next in the Rally?

Bitcoin’s Bull Market Explained: What’s Next in the Rally? Bitcoin's recent price increase is exciting investors as it gets closer to the $100,000 mark. A...