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Income Tax Officer Loses Rs 48,902 in Online Reward Points Fraud

   20 May 2024 at 09:04

A 48-year-old IRS officer with the Income Tax Department fell victim to an online reward points fraud, losing Rs 48,902.

Posted in Income Tax |   693 Views


SEBI Eases KYC Formalities for Mutual Funds: PAN-Aadhaar Link Rule Withdrawn

   20 May 2024 at 09:02

Mutual fund investors can breathe easy for now. The capital market regulator, SEBI, has withdrawn the requirement to link PAN with Aadhaar for obtaining 'KYC registered' status for mutual fund transactions.

Posted in Income Tax |   1212 Views


Retired Chartered Accountant Loses Over Rs 1.97 Crore in Online Stock Market Fraud

   20 May 2024 at 09:01

An investigation has been initiated after Madhukant Patel, an 88-year-old retired Chartered Accountant from Ahmedabad, reportedly lost Rs 1.97 crore in an alleged stock trading cyber fraud, according to the police.

Posted in Income Tax |   3540 Views


GSTN: New Feature Allows Users to Track Physical Verification Status of Registration Applications

   20 May 2024 at 09:00

The GST Network (GSTN) has introduced a significant update to the GST Portal, enhancing the functionality of the 'Track Application Status' tab.

Posted in GST |   1341 Views


ICAI Launches Self-Paced Module Test (SPMT) Portal

   19 May 2024 at 07:40

ICAI has launched Self-Paced Module Test (SPMT) Portal - https://spmt.icai.org

Posted in Students  1 comments |   6735 Views


ICAI Announces Schedule of CA Foundation / Intermediate September 2024 Exams

   18 May 2024 at 15:39

The Institute of Chartered Accountants of India (ICAI) has officially announced the exam schedule for the CA Foundation and Intermediate exams for September 2024. Get all the important dates and details here.

Posted in Students  2 comments |   7536 Views


ICAI to Issue Global Networking Guidelines for Indian CA Firms

   18 May 2024 at 08:24

The Institute of Chartered Accountants of India (ICAI) will soon introduce international networking guidelines to aid domestic firms in expanding their global presence, ICAI President Ranjeet Kumar Agarwal announced.

Posted in Professional Resource |   1734 Views


Supreme Court Upholds ICAI Rule Limiting CAs to 60 Tax Audits Per Year

   17 May 2024 at 14:49

In a significant ruling on Friday, May 17, the Supreme Court upheld the rule established by ICAI, which limits CAs to accepting no more than 60 tax audit assignments per financial year.

Posted in Professional Resource |   5493 Views


Supreme Court Tells Centre: No Mandatory Arrests in All GST Cases

   17 May 2024 at 08:57

The Supreme Court has directed the Centre to avoid making arrests in all Goods and Services Tax (GST) cases unless there is credible evidence and tangible material proving culpability.

Posted in GST |   2457 Views


GSTN Expands Digital Payment Options to J&K, Now Covering 16 States/UTs

   17 May 2024 at 08:57

GSTN has announced an important update, dated May 16, 2024. The update reveals that GST payment facilities via UPI and Debit/Credit cards are now available in Jammu & Kashmir.

Posted in GST  1 comments |   255 Views