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we are providing instant updates related to finance, including , GST, Income Tax, Roc, IBC and various case laws of Income Tax and GST. Managed by - @teamIFU For any Suggestion, queries, PROMOTIONS Ping on @teamIFU

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پست‌های کانال
Relief for freelancers with respect to EDF RBI : Individuals serving clients abroad (tutoring, small software) are NOT required to report under the new EDF rules, any amount. For exporters: "up to 10 lakh rupees per bill, not annually… a self declaration will suffice" FAQs will be released soon 👇

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MCA Important Clarification | Form ADT-1 Avoid the “Enter valid SRN associated with CIN” error while filing Form ADT-1. Where
MCA Important Clarification | Form ADT-1 Avoid the “Enter valid SRN associated with CIN” error while filing Form ADT-1. Where “Casual Vacancy” is selected as the purpose of filing, Field (7b) – “Specify the SRN of relevant form” requires the SRN of original Form ADT-1, Form 23B or Form GNL-2, as applicable. Note: Do not enter the SRN of Form ADT-3. 📌 Stakeholders are advised to refer to the FAQs on Annual Filing available on the official MCA website under Help & FAQs section.
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🏦 RBI plans interoperable Account Aggregators, giving customers greater choice in accessing and sharing financial data. 📊 D
🏦 RBI plans interoperable Account Aggregators, giving customers greater choice in accessing and sharing financial data. 📊 Demat holders may also get consolidated bank deposit + securities statements by December 2026.
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Channel link : https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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How the case started -> ₹5 crore financial assistance in 2010 for his directorial debut, Ata Pata Laapata -> In 2013 he issued seven cheques of ₹1.05 crore each. All were dishonoured CA Shubham Pahuja -> Delhi High Court, 10 July 2026: conviction upheld in all seven cases. Three months’ simple imprisonment, to run concurrently -> Fine of ₹1.05 crore on him in each case. Wife Radha Rajpal Yadav directed to pay about ₹5.51 lakh
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The Supreme Court today told actor Rajpal Yadav to deposit ₹2 crore by 13 October 2026 in a long-running cheque-bounce case.
The Supreme Court today told actor Rajpal Yadav to deposit ₹2 crore by 13 October 2026 in a long-running cheque-bounce case. -> Bench: CJI Surya Kant, Justice Joymalya Bagchi and Justice V. Mohana -> Complainant: M/s Murli Projects Pvt. Ltd. -> He produced demand drafts of ₹1.15 crore in court. Buyer Anant Prakash Yadav will deposit the remaining ₹85 lakh with the Registry on 13 October -> His challenge to the Delhi High Court order will be heard on merits only after this deposit -> The bench was dissatisfied with his past conduct and warned that the sentence can be enhanced if the direction is breached
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Retrospective cancellation of supplier's registration did not justify ITC denial without evidence of fictitious supplies: GSTAT THE HON'BLE GSTAT, LUCKNOW DIVISION BENCH IN THE CASE OF Satyendra Singh V/s L and T Technology Services Ltd. APL/71/LCK/2026, decided on 28-9-2026 👉 Issue:- ✔️ Can ITC be denied merely because the supplier’s GST registration was retrospectively cancelled, without evidence of fictitious? 👉 The Hon'ble GSTAT Judgement:- ✔️ Where assessee availed ITC on supplies from a vendor whose GST registration was retrospectively cancelled and limited ITC was allowed by appellate authority based on specific invoice entries and subsequent portal amendments, since no evidence established that supplies were not received or invoices were fictitious, thus in absence of legal or factual infirmity appeal against first appellate order was to be dismissed.
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Received one more today itself
Received one more today itself
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Please be advised. This activity has been ongoing for over a year. Numerous professionals and clients have unfortunately been ensnared by these individuals. It is strongly recommended to refrain from opening any files or similar content from unknown sources. Regards, CA Shubham Pahuja
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RBI raises FY27 GDP growth forecast to 7.1% 🔷 FY27 GDP: 7.1% vs 6.7% earlier 🔷 Q2 FY27: 7.2% vs 6.4% 🔷 Q3 FY27: 6.9% vs 6.5% 🔷 Q4 FY27: 6.8% vs 6.8% 🔷 Q1 FY28: 7.1% vs 7.3% 🇮🇳 The RBI has sharply raised its FY27 growth outlook, reflecting stronger-than-expected growth momentum in the economy.
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RBI HIKES REPO RATE BY 25 BPS RBI : GLOBAL INFLATION SET TO RISE
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40 PSUs, PSBs in ₹200 crore CSR racket, says ED The Enforcement Directorate has found a bribery racket that allegedly used to
40 PSUs, PSBs in ₹200 crore CSR racket, says ED The Enforcement Directorate has found a bribery racket that allegedly used top executives of at least 40 PSUs, public sector banks and companies to launder ₹200 crore of CSR funds. Dharmendra Kumar Chandradev, a Class 12 dropout once held for posing as a doctor, took CSR money into several trusts and returned it in cash after a cut, the ED said.
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GSTAT ISSUES SOP FOR ONLINE FILING OF REPLIES BY RESPONDENTS👇 https://efiling.gstat.gov.in/downloads/manual/File-Reply-SOP.pdf
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📢 MCA Update: All LLPs should ensure timely filing of Form LLP-8 (Statement of Account & Solvency) within the prescribed sta
📢 MCA Update: All LLPs should ensure timely filing of Form LLP-8 (Statement of Account & Solvency) within the prescribed statutory timeline. 📅 Last date for filing Form LLP-8 for FY 2025–26: 30 October 2026.
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GST input tax credit on group insurance to boost coverage Allowing employers to claim input tax credit on the 18 per cent GST
GST input tax credit on group insurance to boost coverage Allowing employers to claim input tax credit on the 18 per cent GST paid on group health and life insurance policies is among the reforms likely to be considered at the GST Council meeting on Thursday. (Business Standard) https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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Some States are facing a power shortage at night! Hydropower generation has dropped 20% y-o-y. (FE) What do you think is goin
Some States are facing a power shortage at night! Hydropower generation has dropped 20% y-o-y. (FE) What do you think is going to happen in March next year? 🤔
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The Govt is proposing to include the following sectors in the Index of Services Production: Education, Healthcare, and Public
The Govt is proposing to include the following sectors in the Index of Services Production: Education, Healthcare, and Public Administration & Defence. These new ones collectively represent 21% of India's services Gross Value Added. (FE)
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The Union Cabinet has approved a ₹10,000 crore Govt commitment to an Alternative Investment Fund (AIF) that will make direct
The Union Cabinet has approved a ₹10,000 crore Govt commitment to an Alternative Investment Fund (AIF) that will make direct equity investments in SMEs. (FE)
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Well done folks! The World Bank raised India's GDP forecast from 6.5% to 7.1% for FY27. It also forecasted 7.2% for FY28 and
Well done folks! The World Bank raised India's GDP forecast from 6.5% to 7.1% for FY27. It also forecasted 7.2% for FY28 and 7% for FY29! Expect RBI to also raise its forecast from the present 6.7%. For context, India's GDP growth for the previous FY26 was 7.8%. (FE)
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Can't afford a Range Rover from Jaguar Land Rover? Try the Jaecoo 7 from China's Chery Automobiles. It looks similar, costs $
Can't afford a Range Rover from Jaguar Land Rover? Try the Jaecoo 7 from China's Chery Automobiles. It looks similar, costs $50,000 cheaper and is being lapped up by the British! (WSJ)
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