CAclubindia News

CBDT Recognizes SKAN Research Trust as Research Association for Tax Deductions

27 November 2024 at 09:05

CBDT, through Notification No. 121/2024 dated November 25, 2024, has officially designated the SKAN Research Trust as a 'Research Association' for the purpose of conducting scientific research u/s 35(1)(ii) of the IT Act, 1961

Posted in Income Tax | 222 Views

NFRA Approves 40 Auditing Standards and Quality Management Rules for LLPs

27 November 2024 at 09:05

NFRA Approves Auditing and Quality Management Standards for LLPs, Effective from 2026

Posted in Corporate Law | 1653 Views

GST Council to Review GoM Report on Health Insurance, Says Finance Ministry

27 November 2024 at 09:04

The recommendations of the Group of Ministers (GoM), tasked with examining GST issues related to life and health insurance, will be reviewed by the GST Council once submitted, Parliament was informed on Monday.

Posted in GST | 504 Views

ICAI Unveils Groundbreaking CA GPT Platform Featuring Annual Reports of 5000 Listed Companies

26 November 2024 at 11:19

The Institute of Chartered Accountants of India (ICAI) through its Committee on AI in ICAI launched CA GPT-Industry Forum comprising of annual reports of 5,000 listed companies for the fiscal year 2023-24.

Posted in Corporate Law | 1476 Views

Cabinet approves the PAN 2.0 Project

26 November 2024 at 09:00

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, has given its approval for the PAN 2.0 Project of the Income Tax Department.

Posted in Income Tax | 2 comments | 8439 Views

CBIC Empowers Additional/Joint Commissioners to Adjudicate DGGI Notices Under Key GST Sections from 1st Dec 2024

26 November 2024 at 08:58

In a significant move, the Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 27/2024-Central Tax, dated November 25, 2024, revising the powers of Additional and Joint Commissioners under the GST framework.

Posted in GST | 3351 Views

ICAI Reschedules CA Foundation Exam for January 2025 Due to Festivities

26 November 2024 at 08:57

It is hereby announced for general information that in view of Makar Sankranti/Bihu/Pongal festivals across India, CA Foundation Examination, January-2025 the said examination dtd 14th January 2025 stands rescheduled to 16th January 2025

Posted in Students | 4050 Views

GST Collections See Sharp Decline Across Major States in H1 FY25

25 November 2024 at 09:10

Slowing consumption trends in recent months have begun to affect GST collections in India, with several states, particularly in South India, reporting subdued growth.

Posted in GST | 7368 Views

15 Booked for Assaulting Three Men Over False Fake GST Official Accusation

25 November 2024 at 09:07

The Ludhiana police have registered a case against 15 unidentified individuals following the October 9 assault on three residents of Khanna at the Kesar Ganj market.

Posted in GST | 435 Views