CAclubindia News

CA Final Nov 2024 Results likely to be declared on 26th Dec

20 December 2024 at 20:20

The Institute of Chartered Accountants of India (ICAI) has announced that the results for the CA Final Examinations conducted in November 2024 are expected to be released on Thursday, 26th December 2024, late evening.

Posted in Students | 2481 Views

CBIC Uncovers Rs 26,543 Crore GST Evasion in Nationwide Drive Against Fake ITC

20 December 2024 at 09:07

In a sweeping crackdown on GST evasion, the Central Board of Indirect Taxes and Customs (CBIC) has unearthed fraud amounting to Rs 26,543 crore during its second nationwide operation against fake input tax credit (ITC).

Posted in GST | 2226 Views

Indian Gaming Industry Faces February 2025 Deadline for GST Tax Demands on Betting

20 December 2024 at 09:06

The Indian online gaming industry faces a pivotal moment as tax authorities prepare to finalize Goods and Services Tax (GST) demands by February 5, 2025, based on pending show-cause notices (SCNs).

Posted in GST | 807 Views

CBDT Exempts Credit Guarantee Fund Trust for Micro and Small Enterprises from TDS

20 December 2024 at 09:03

In a significant move to bolster micro and small enterprises (MSEs), the Central Board of Direct Taxes (CBDT) has issued Notification No. 128/2024, dated December 18, 2024.

Posted in Income Tax | 1656 Views

CAG Flags Revenue Loss of Rs 18,509.8 Crore Due to Tax Errors and Evasion

20 December 2024 at 09:02

The Comptroller and Auditor General (CAG) of India, in its latest report tabled in Parliament, highlighted widespread lapses in income tax assessments and GST compliance, causing a potential revenue loss of Rs 18,509.8 crore.

Posted in GST | 2100 Views

CBIC Chairman launches new initiatives to enhance taxpayer services

19 December 2024 at 09:00

CBIC Chairman Shri Sanjay Kumar Agarwal, in presence of Members of the Board, launches new initiatives to enhance taxpayer services

Posted in GST | 1176 Views

FM Nirmala Sitharaman Calls Q2 GDP Slowdown a "Temporary Blip"

19 December 2024 at 08:58

Finance Minister Nirmala Sitharaman addressed concerns in the Lok Sabha over the recent slowdown in India's GDP growth during the second quarter of FY 2025, assuring that the dip is a "temporary blip"

Posted in Others | 504 Views

55th GST Council Meeting: Possible GST Relief on Food Delivery Charges

19 December 2024 at 08:52

The 55th GST Council meeting, scheduled to take place on December 21 in Jaisalmer, Rajasthan, could bring significant relief to consumers ordering food via e-commerce platforms.

Posted in GST | 2052 Views

ICAI Foundation Course Registration: Last Date to Apply for May 2025 Exam is 1st January 2025

19 December 2024 at 08:49

The last date to register for the Foundation Course, for eligibility to appear in the May 2025 Foundation Examination, is January 1, 2025.

Posted in Students | 1884 Views

GSTN Issues Advisory for Entry of RR No./eT-RRs in EWB system Post EWB-FOIS Integration

19 December 2024 at 08:48

Guidance for Accurate Entry of RR No./eT-RRs following the Integration of E-Way Bill (EWB) with Freight Operation Information System (FOIS) system of Indian Railways.

Posted in GST | 2256 Views