CAclubindia News
Industry Alleges Chaos and Legal Logjam Amid Faceless Tax Assessment System Implementation
18 November 2023 at 07:56In an effort to enhance the efficiency of the faceless tax assessment facility introduced by the Income Tax Department, the industry has reached out to the CBDT, urging the implementation of key modifications to mitigate chaos and legal complexities.
FM Approves Biometric Aadhaar Authentication at GST Seva Kendras in Andhra Pradesh
18 November 2023 at 07:52Finance Minister Nirmala Sitharaman Announces Aadhaar Authentication for GST Seva Kendras in Andhra Pradesh to Enhance Registration Process and Security
ICAI Opens Exclusive One-Time Window for MEF 2023-24 Applications
18 November 2023 at 07:51The Institute is in receipt of representations from members who could not fill the MEF 2023-24 due to various reasons. It has been decided to give one-time window from 20th November to 22nd November, 2023 for three days
Government Contemplates GST Evasion Threshold Hike to Rs 3 Crore
17 November 2023 at 10:21In a bid to enhance the business environment and alleviate concerns of harassment, the central government is contemplating a pivotal shift in the Goods and Services Tax (GST) landscape.
CBDT Chairman Forecasts India to Surpass Rs 18.23 Lakh Crore Direct Tax Collection Target
17 November 2023 at 08:44In a positive development, Central Board of Direct Taxation (CBDT) chairman Nitin Gupta announced on Wednesday that the government is on track to exceed the ₹18.23 lakh crore direct tax collection target set for the current fiscal year
GST Practitioners Raise Alarm Over Rule 37A
17 November 2023 at 08:42In a recent development, the All Kerala GST Practitioners Association has raised alarm bells over the potential dampening effect on businesses due to the input tax credit (ITC) reversal mandated by Rule 37A.
IT Department Seizes Unexplained Cash Ahead of Key Assembly Elections in Five States
17 November 2023 at 08:41In the lead-up to the upcoming Assembly elections in five states, the Income Tax Department has significantly increased its efforts to curb the flow of unexplained cash.
CBIC Unveils 29 Updated Customs E-Brochures in Nov 2023
16 November 2023 at 08:58CBIC Unveils Comprehensive Update with 29 E-Brochures, Transforming Customs Landscape
Kerala GST Dept Issues Operational Guidelines for Tax and Non-GST Remittance via e-Treasury Portal
16 November 2023 at 08:56Kerala GST Department vide Trade Notice No. 18/2023 dated October 30, 2023 issued Operational instructions regarding the Payment of tax and other amounts including arrear demands issued in Acts other than GST through the e-Treasury Portal.
Govt Initiates Action Against Non-Issuance of E-Invoices by Mandated Taxpayers
16 November 2023 at 08:55CBIC issued Instructions vide F. No. CBIC- 20006/15/2023-GST dated October 18, 2023 regarding the action in respect of non-issuance of e-invoices by notified class of taxpayers who are mandatorily required to issue e-invoice as per legal provisions.
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