All India CMA Association expresses Disappointment over narrowing Definition of “Accountant” in New Income Tax Act
The All India Cost & Management Accountants Association (AICMAA) has publicly decried the Lok Sabha Select Committee’s decision to restrict the...
![Central Govt notifies Bills of Lading Act, 2025 [Read Notification]](https://images.taxscan.in/h-upload/2025/07/26/250x150_2069336-description-imported-goods-invoices-different-bill-of-lading-cestat-lowers-penalty-negligence-in-import-declaration-verification-absence-of-ulterior-motive-malicious-intent-taxscan.webp "Central Govt notifies Bills of Lading Act, 2025 [Read Notification]")
India’s Per Capita Income rises to ₹1,14,710 in 2024-25; State-Wise Growth varies Significantly: MoS Finance at Lok Sabha
India’s per capita net national income (NNI) has climbed to ₹1,14,710 for the financial year 2024-25, according to figures tabled in the Lok Sabha by the Minister of State for Finance, Shri Pankaj...
![Select Committee Flags Gaps in Income Tax Bill 2025, Issues 32 Critical Recommendations [Read Report]](https://images.taxscan.in/h-upload/2025/07/22/500x300_2067746-income-tax-bill-2025.webp "Select Committee Flags Gaps in Income Tax Bill 2025, Issues 32 Critical Recommendations [Read Report]")
Cyber and Financial Frauds Surge in India: Over 1.45 Lakh Cases, ₹101.8 Crore Lost in 2024-25: Government to ramp up Security and Recovery Efforts
India witnessed a sharp increase in cyber and financial frauds in the financial year 2024-25, with more than 1.45 lakh cases reported and losses exceeding ₹101.8 crore, according to official data...
Chaotic Beginning to Monsoon Session of Parliament: Lok Sabha adjourns till 11:00 AM Tomorrow while Major Bills remain Undiscussed [Read Order]
The Monsoon Session of Parliament commenced on a tumultuous note Monday as a sharp confrontation broke out between the ruling government and opposition members over U.S. President Donald Trump’s...
![Chaotic Beginning to Monsoon Session of Parliament: Lok Sabha adjourns till 11:00 AM Tomorrow while Major Bills remain Undiscussed [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/500x300_2067115-lok-sabha.webp "Chaotic Beginning to Monsoon Session of Parliament: Lok Sabha adjourns till 11:00 AM Tomorrow while Major Bills remain Undiscussed [Read Order]")
![Observations/Recommendations from Income Tax Bill Lok Sabha Committee Out [Read Press Release]](https://images.taxscan.in/h-upload/2025/07/21/500x300_2066956-income-tax-bill-updates-income-tax-bill-lok-sabha-committee-news-taxscan.webp "Observations/Recommendations from Income Tax Bill Lok Sabha Committee Out [Read Press Release]")
Report of the Select Committee and Record of Evidence on the Income-Tax Bill, 2025 to be tabled on Lok Sabha Today
The Lok Sabha will this morning take formal custody of the Select Committee’s Report and the complete Record of Evidence on the Income‑Tax Bill, 2025, clearing the procedural deck for a full‑scale...
Income Tax Faceless Assessment Sabotage Case: Delhi Court extends Custody of Accused CA and IT Dept Official
A Delhi court has extended the Central Bureau of Investigation (CBI) custody of Deputy Commissioner of Income Tax Vijayendra R and Chartered Accountant (CA) Dinesh Kumar Agrawal by two days in...
