CAclubindia News
GST Officer and Lawyers Nabbed in Rs 718 Crore Scam with 500 Fake Firms
14 August 2024 at 09:17IntroductionIn a stunning revelation, a complex GST fraud involving ₹54 crore has been uncovered by the Anti-Corruption Bureau (ACB) of the Delhi Government.
Bajaj Finance Faces Rs 342 Crore GST Show Cause Notice
14 August 2024 at 09:15Bajaj Finance announced on Monday that it has been issued a show cause notice regarding a GST demand of Rs 342 crore.
GST Panel Likely to Consider Insurance Relief Plea
14 August 2024 at 09:12The GST Council could lower the rates of health and life insurance premiums at its meeting later this month if it accepts a recommendation made by a rate rationalisation committee, officials said on Thursday.
CBIC Launches Guidelines for Second All-India Drive to Combat Fake GST Registrations
13 August 2024 at 09:17The Central Board of Indirect Taxes and Customs (CBIC) has announced the launch of its second special All-India Drive to tackle fake GST registrations.
Form GSTR-1A Now Available on GST Portal
13 August 2024 at 09:07GSTN has rolled out the GSTR-1A form, a significant update that allows taxpayers to make necessary changes, corrections, and amendments to the data filled in their GSTR-1 for the same month.
ICAI Extends Deadline for Online Empanelment of Observers for Sept/Nov 2024 CA Exams to 20th August
13 August 2024 at 09:06"ICAI has extended the deadline for online empanelment of observers for the September/November 2024 CA exams to August 20th.
Adopt Guidance Over Intimidation: CBDT Chief's Directive to Tax Officials
12 August 2024 at 14:25The income tax department should do everything possible to be seen as "responsible, responsive and transparent," besides adopting a policy of 'guidance over intimidation' when dealing with taxpayers, the CBDT chairman has said.
Foreign Investors Seek Tax Indemnities for Startup Investments Amid Rising Tax Notices
12 August 2024 at 09:02Foreign private equity (PE) and venture capital (VC) funds are increasingly pushing for tax-related indemnity clauses in their investment agreements with Indian startups, according to legal experts.
Centre to Convert Capex Loans to States into Grants, Announces FM Sitharaman
12 August 2024 at 09:02In a landmark announcement, Finance Minister Nirmala Sitharaman revealed that the Centre plans to treat capital expenditure (capex) loans given to states as grants.
Banking Laws Bill 2024: Tenure of Cooperative Banks' Directors Extended to 10 Years
12 August 2024 at 09:01The Banking Laws (Amendment) Bill, 2024, recently tabled by Finance Minister Nirmala Sitharaman in Parliament, aims to bring significant changes to the banking sector.
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