CAclubindia News


Gaming Industry Faces Continued Uncertainty Following 53rd GST Council Meeting

   24 June 2024 at 08:58

The gaming industry is reeling from the recent GST Council meeting, which failed to address its plea for a revised tax structure.

Posted in GST |   2751 Views


53rd GST Council Meeting: Key Highlights

   22 June 2024 at 20:28

The 53rd GST Council meeting, held today, introduced several significant changes aimed at easing the tax burden on taxpayers and reducing litigation.

Posted in GST |   13497 Views


Budget 2024-25: FM Nirmala Sitharaman Chairs Pre-Budget Consultation with State Finance Ministers

   22 June 2024 at 16:16

Union Finance Minister Smt. Nirmala Sitharaman chairs Pre-Budget consultation with Finance Ministers of States/ Union Territories (with Legislature) for taking suggestions for Union Budget 2024-25

Posted in Union Budget |   2967 Views


New Tax Regime Default for AY 2024-25: How to Opt for Old Regime

   22 June 2024 at 08:52

For AY 2024-25, NEW TAX REGIME is the default regime for Individual, HUF, AOP (other than co-operative society), BOI and Artificial Juridical Person.

Posted in Income Tax |   4557 Views


Offline and Online Utility of ITR-7 for AY 2024-25 Now Available for Filing

   22 June 2024 at 08:49

The Income Tax Department has released the offline and online utilities for filing Income Tax Return (ITR) Form 7 for the Assessment Year (AY) 2024-25.

Posted in Income Tax |   699 Views


ICAI Invites Public Comments on IPAE's Proposed Revisions to Sustainability Standards in IES 2, 3, and 4

   22 June 2024 at 08:48

Exposure Draft on Proposed Revisions to 'IES 2, 3, and 4 – Sustainability' - For Public Comments

Posted in Accounts |   432 Views


E-Way Bill Generation Reaches Second All-Time High in May with 10.32 Crore

   21 June 2024 at 08:58

In an unexpected surge, e-way bill generation in India reached 10.32 crore in May, marking the second-highest level since the system's inception.

Posted in GST |   777 Views


GST Authorities Withdraw Rs 202.83 Crore GST Demand Against Jagran Prakashan

   21 June 2024 at 08:53

In a significant relief to Jagran Prakashan, the publisher of the widely-read Hindi daily Dainik Jagran, the government has rescinded a substantial goods and services tax (GST) demand totaling Rs 202.83 crore.

Posted in GST |   5232 Views


FM Nirmala Sitharaman Chairs First Pre-Budget Consultation with Leading Economists

   21 June 2024 at 08:45

On Wednesday, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the first pre-budget consultation in preparation for the General Budget 2024-25.

Posted in Union Budget |   2499 Views


Govt May Raise Tax Exemption Limit To Rs 5 Lakh Under New Tax Regime

   20 June 2024 at 09:03

Multiple officials have indicated that the Centre may raise the income threshold for tax exemption in the upcoming budget, expected to be presented in mid-July...

Posted in Income Tax  1 comments |   3738 Views



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