CAclubindia News

Central Government Alerts Taxpayers of Phishing Scams Offering Fake Income Tax Refunds

05 August 2024 at 14:26

The Central Government has issued a critical advisory to taxpayers regarding a new wave of phishing scams involving fraudulent income tax refund messages.

Posted in Income Tax | 2760 Views

Centre Poised to Accept Infosys' Plea on GST Notice

05 August 2024 at 09:03

In a significant move that could avert a potentially damaging tax litigation, the central government is likely to accept Infosys Ltd.’s plea that GST does not apply to the services the company avails from its offshore branch offices.

Posted in GST | 2157 Views

72% of Taxpayers Opt for New Regime in AY 2024-25

05 August 2024 at 09:02

According to CBDT, 72% of those who filed their returns by the July 31 deadline opted for the new tax regime, contributing to a record high of almost 7.29 crore Income Tax return filings.

Posted in Income Tax | 2772 Views

CBIC Implements June Circular to Clarify GST Issues on Related Party Service Imports

05 August 2024 at 09:01

IntroductionThe Central Board of Indirect Taxation and Customs (CBIC) has directed field authorities to adhere to its June 26 circular when evaluating issues concerning the related party import of services by local firms.

Posted in GST | 3678 Views

ICAI Releases Online Exam Forms & Correction Window for CA Final Nov 2024 Exams

03 August 2024 at 17:21

Online Exam Forms & Correction Window for CA Final Nov 2024 Exams

Posted in Students | 3675 Views

Govt Considers Decriminalising Delayed TCS Filing in Finance Bill: CBDT Chairman

03 August 2024 at 09:10

The Union Budget has introduced a series of tax simplification measures, with significant implications for TCS compliance. Ravi Agarwal, Chairman of the CBDT, has hinted at the potential decriminalisation of delays in TCS filings

Posted in Union Budget | 1 comments | 2229 Views

RBI Proposes New Authentication Measures to Enhance Digital Transaction Security

03 August 2024 at 09:09

In a move to bolster the security of digital transactions, the Reserve Bank of India (RBI) has proposed new guidelines aimed at introducing additional layers of authentication.

Posted in Others | 393 Views

GSTN Issued Advisory Related to Changes in GSTR 8

03 August 2024 at 09:08

GSTN team is working on the changes announced by GST Council in respect of GSTR 8

Posted in GST | 2880 Views

Advisory Issued for Biometric-Based Aadhaar Authentication for GST Registration Applicants of J&K and West Bengal

03 August 2024 at 09:06

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Jammu & Kashmir and West Bengal

Posted in GST | 513 Views

Record of Over 7.28 crore ITRs filed for AY 2024-25 till 31st July, 2024

02 August 2024 at 16:03

The total number of ITRs for AY 2024-25 filed till 31st July, 2024 is more than 7.28 crore, which is 7.5% more than the total ITRs for AY 2023-24 (6.77 crore) filed till 31st July, 2023.

Posted in Income Tax | 3093 Views