CAclubindia Articles

GST Audit: A Comprehensive Overview

CA Anoop Kumar Sharma 25 May 2024 at 14:16

In this article we discuss a comprehensive overview that delves into the initiation, timeline, and methodology of GST audits, shedding light on practical considerations.

Planning Your Return or Retirement in India: A Comprehensive Guide for NRIs

CA Arun Tiwari 25 May 2024 at 08:40

This guide will help you navigate the process of returning or retiring in India, providing valuable insights.

How much income tax can be saved if your annual income is above 10 lakhs

Priya Mulukutla 24 May 2024 at 14:06

How to Save Tax if Salary is Above 10 Lakhs: know the rate, exemptions and calculation for filling your return.

Different Grounds in Show Cause Notice and Order in Indian Indirect Tax and GST Law

Abhishek Raja 24 May 2024 at 08:44

A Show Cause Notice (SCN) is a preliminary document issued by tax authorities to a taxpayer when there is an alleged non-compliance or violation of tax laws.

Best Judgement Assessment - A Thoughtful Analysis!

Leena TheRaja 24 May 2024 at 08:38

Section 144 of the Income Tax Act outlines the procedure for making assessments when a taxpayer fails to fulfill certain obligations, such as submitting returns or complying with notices issued by the Assessing Officer.

Do you know the UPI Transaction Limit for FY 24-25

Mitali 23 May 2024 at 17:41

UPI transaction limit is ranging from Rs. 25,000 to Rs. 1 lakh. Payments related to educational institutions and healthcare, limits has been increased. Know here the full UPI Transaction Limit for FY 23-24

Industry Standards for Verification of Market Rumours: SEBI

CA Aman Rajput 23 May 2024 at 08:30

Recently, Inter-alia SEBI came up with the New Initiative for Enhanced Transparency and Compliance. Let's start this article with a brief introduction to the circular.

Understanding Rule 86B of CGST Rules: Restrictions on ITC Utilization

CA. Bhavik P. Chudasama 22 May 2024 at 14:39

The Central Goods and Service Tax (CGST) Act introduced Rule 86B vide Notification number 94/2020 dated 22nd December, 2020. Rule 86B is made effective from 1st January 2021 curb the menace of fake invoicing and tax evasion.

What are Different GST Offline Tools in India?

Arushi Agarwal 22 May 2024 at 08:45

This article aims to provide a comprehensive guide to different GST offline tools in India, their uses, and where to find them.

RBI asks NBFCs to stick to Rs 20,000 cash loan pay-out limit

Affluence Advisory 22 May 2024 at 08:45

The recent regulatory measures implemented by the RBI targeting numerous banks, NBFCs and fintech firms underscore the significant emphasis regulators place on fostering a balanced and resilient ecosystem, whether in lending, IT governance, or credit expansion or addressing NPA'S and Provisioning.