Finance, Commerce, and IT Ministers reviewed GST reforms under the GST Bachat Utsav, highlighting rate cuts, price monitoring, rising consumption, and record growth in manufacturing and electronics.
India’s gross GST revenue for October 2025 reached ₹1.96 lakh crore, up 4.6% year-on-year. Import GST grew 12.9%, while domestic revenue rose 2%, reflecting steady demand and a resilient tax base.
Odisha Grameen Bank seeks CA Firms for Concurrent Audit (Rs. 7,500/month/branch) starting Jan 2026. Eligibility requires RBI registration, 3 years existence, 1 year of bank audit experience, and office within Odisha’s operational area. Applications due by Nov 10, 2025, via registered post.
SC ruled that courts must rectify inadvertent judicial errors, affirming maxim Actus Curiae Neminem Gravabit. Ruling compelled a party to yield property after receiving high compensation.
Join TaxGuru’s free live webinar on GSTR-9 and GSTR-9C with CA Sachin Jain on 9th Nov 2025. Learn practical reconciliation techniques, compliance strategies, and error-free GST filing methods.
SEBI mandates social media and search engines to adopt verification for financial advertisers and label registered trading apps to protect investors from online investment scams.
Delhi HC rules increasing product quantity or base price instead of reducing MRP after a GST rate cut violates Section 171 of the CGST Act, confirming it as profiteering.
J&K HC rules CGST/SGST officer cross-empowerment under Section 6 is automatic, enabling intelligence-based enforcement regardless of taxpayer assignment for compliance.
Section 194T, effective April 2025, mandates a 10% TDS on firms’ payments (salary, interest, etc.) to partners exceeding ₹20,000 annually. New rules create compliance and non-resident ambiguity.
Explore how India’s legal system is shifting its focus from only punishing offenders to supporting victims through victimology, compensation schemes (BNSS, NALSA), and restorative justice.
