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Senior Income Tax Official Arrested in Mumbai for Alleged Bribery
06 May 2024 at 08:46In a startling development, the Central Bureau of Investigation (CBI) has apprehended a senior official of the Income Tax (IT) department in Mumbai.
FM Sitharaman Refutes Post-Election Income Tax Speculations
04 May 2024 at 09:00Finance Minister Nirmala Sitharaman has refuted recent media reports speculating sweeping changes to the income tax system following the upcoming Lok Sabha election results.
Supreme Court Seeks Details on GST Notices and Arrest
04 May 2024 at 08:59Supreme Court has directed the Centre to provide comprehensive details regarding the issuance of notices and arrests made under the provisions of GST.
Zomato Faces Fresh GST Demand and Penalty Order Over Rs 2 Crore
04 May 2024 at 08:59The Goods and Services Tax (GST) authorities have issued a fresh demand and penalty order against Zomato, amounting to a staggering Rs 2,22,91,376 in GST demand.
YES Bank Hit with GST Demand Orders, Faces Rs 6.87 Lakh Penalty
03 May 2024 at 08:51YES Bank revealed on Wednesday that it has been slapped with two GST demand orders, totalling a penalty exceeding Rs 6.87 lakh.
MCA Establishes Appellate Authority for Chartered Accountants, Company Secretaries and Cost Accountants
02 May 2024 at 08:47MCA has issued Notification G.S.R. 255(E) dated April 26, 2024. This notification pertains to the establishment of the Appellate Authority for CAs, CSs and Cost Accountants.
ICAI Calls for Additional Information for MEF 2023-24 Applicants
02 May 2024 at 08:46Professional Development Committee (PDC) seeks additional information in respect of MEF 2023-24 for preparation of panel for appointment / re-appointment of Statutory auditors
GST revenue collection for April 2024 highest ever at Rs 2.10 lakh crore
01 May 2024 at 17:21GST collections breach landmark milestone of Rs 2 lakh crore Gross Revenue Records 12.4% y-o-y growth Net Revenue (after refunds) stood at Rs 1.92 lakh crore; 15.5% y-o-y growth
Businessman Faces One-Year Jail Term for Bounced Cheques to Income Tax Department
01 May 2024 at 09:03A recent verdict by a Gandhinagar court has landed Chandkheda resident Mehulkumar Barot in hot water, resulting in a one-year prison sentence.
ICAI submits Pre-Budget Memorandum to CBDT advocating Tax Reforms
01 May 2024 at 09:00The Institute of Chartered Accountants of India (ICAI) has put forth a series of recommendations in its Pre-Budget Memorandum 2024, urging for targeted tax deductions and incentives.
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