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Archive: 22 September 2025

Posts in 22 September 2025

IRDAI Cautions Shriram Life Over Regulatory Lapses

September 22, 2025 927 Views 0 comment Print

IRDAI has issued a warning to Shriram Life Insurance for violations related to policyholder protection, free-look cancellations, and corporate governance norms.

Weekly newsletter from Chairman, CBIC dated 22/09/2025

September 22, 2025 525 Views 0 comment Print

CBIC newsletter covers GST Bachat Utsav, grievance redressal rank, BRICS recognition, cargo scanner launch, and GST evasion enforcement.

IFSCA Amends Bullion Trading Member Eligibility

September 22, 2025 423 Views 0 comment Print

IFSCA reduces bullion trading member employee experience from 3 years to 2 years in securities, forex, or precious metals. Amendment effective immediately.

Govt enables GST grievance redressal on National Consumer Helpline

September 22, 2025 1245 Views 0 comment Print

NCH now enables GST grievance redressal under Next-Gen GST Reforms 2025, offering a dedicated category for complaints via INGRAM, toll-free 1915, and digital modes.

Four ERA of Indian economy for Becoming Developed country by 2047

September 22, 2025 969 Views 0 comment Print

Explore the four key eras of India’s economic development, from post-independence to the vision for a developed nation by 2047, with key policy reforms and growth indicators.

Central and State Tax Authorities both cannot conduct audit on same subject matter: Section 6(2)(b) of CGST Act violated

September 22, 2025 924 Views 0 comment Print

Madras High Court held that it is not permissible for Central Tax Authorities to initiate proceedings on same subject matter on which audit already conducted by State Tax Authorities. Accordingly, notice quashed as violative of section 6(2)(b) of the CGST Act, 2017.

GST Authorities Ignoring DRC-01A Replies, Payments & Judicial Precedents

September 22, 2025 22638 Views 0 comment Print

The Karnataka Taxpayers Association raises concerns over GST system issues, including the disregard of taxpayer replies, non-crediting of payments, and bank account attachments.

Section 44AD vs 44ADA: Tax Scrutiny on Content Creators and Consultants

September 22, 2025 3642 Views 0 comment Print

Indian freelancers, consultants, and creators face tax scrutiny over TDS mismatches and the use of presumptive taxation provisions. Learn about the compliance challenges.

Cancellation of GST registration for non-compliance of some procedural requirements not justifiable

September 22, 2025 441 Views 0 comment Print

Calcutta High Court held that cancellation of GST registration for non-compliance of some procedural requirements is not justified. Accordingly, order cancelling GST registration set aside and petitioner directed to file return for entire period of default.

Assessment order under GST quashed as passed beyond show cause notice

September 22, 2025 621 Views 0 comment Print

Madras High Court held that any order travelled beyond the scope of show cause notice is not maintainable. Thus, impugned assessment order under GST was passed beyond the scope of show cause notice is liable to be quashed.

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