CAclubindia News
DFS drives expansion of digital payments in India and abroad
21 September 2024 at 06:52Digital payment transactions volume grew to 18,737 crore in FY 2023-24 from 2,071 crore in FY 2017-18 at Compounded Annual Growth Rate (CAGR) of 44%; with value of transactions at ₹3,659 lakh crore in FY23-24 from ₹1,962 lakh crore in FY17-18 at CAGR
Gujarat's GST Departments Launch Drive Against Bogus Registrations Amid Tax Evasion Concerns
21 September 2024 at 06:49In a decisive move to combat the rising tide of tax evasion through bogus billing scams, the state and central Goods and Services Tax (GST) departments in Gujarat have initiated a comprehensive drive to identify and cancel fraudulent GST registrations.
IGST Panel Finalizes Action Plan to Resolve 'Negative Balance' Issue
21 September 2024 at 06:47The Indian government has initiated a comprehensive review of IGST settlement mechanism following complaints from several state governments about revenue shortfalls.
Food Processing Ministry to Address Industry's GST Concerns with GST Council: Chirag Paswan
21 September 2024 at 06:35In a strategic move to enhance the food processing sector, the Centre organized a high-level CEO roundtable on September 19, 2024, as part of the World Food India 2024 event.
CA Ends Life on Facebook Live, Accuses Fiancee and Family of Rs 12.5 Lakh Fraud and Assault
20 September 2024 at 13:27In a heartbreaking incident, Sandeep Paswan, a 33-year-old Chartered Accountant from Jharkhand, allegedly took his own life at his rented home in Govandi, just minutes after broadcasting a distressing live video on Facebook.
ICAI releases Schedule of CA Foundation & Intermediate January 2025 Exams
20 September 2024 at 12:21Schedule of CA Foundation & Intermediate January 2025 Exams Released!
Direct Tax Vivad Se Vishwas Scheme 2024 Set to Launch on 1st October 2024
20 September 2024 at 09:22The Finance Ministry has announced the launch of the second edition of the Direct Tax Vivad Se Vishwas Scheme 2024 (VSV 2.0), effective October 1, 2024.
Sun Pharma Faces Rs 35.43 Lakh GST Penalty for Unpaid Taxes on Recoveries from July 2017 to March 2020
20 September 2024 at 09:19Sun Pharmaceutical Industries Limited has been penalized by the Assistant Commissioner, Goods & Service Tax, Division, Mohali-I, Punjab, according to a recent stock exchange filing.
Zydus Wellness Subsidiary Hit with Rs 10.51 Million Tax Demand in Bihar, Stock Prices Decline
20 September 2024 at 09:18Zydus Wellness Limited announced that its wholly-owned subsidiary, Zydus Wellness Products Limited (ZWPL), has received a tax demand of ₹10.51 million from Bihar state tax authorities.
SpiceJet Discloses Rs 427 Crore Unpaid GST, TDS and PF Dues Since 2020
20 September 2024 at 09:16Budget airline SpiceJet disclosed on Tuesday that it has not paid statutory dues totalling Rs 427 crore from April 2020 to August 2024 due to severe financial constraints.
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