CAclubindia News

New ITR-5 & ITR-6 Mandate MSME Registration from April 1, 2024

08 February 2024 at 09:24

In a move towards streamlining tax procedures and enhancing transparency, the Income Tax Department has introduced significant changes to income tax return (ITR) forms, effective April 1, 2024.

Posted in Income Tax | 22620 Views

GST Portal Expands Credit/Debit Card Payments to 4 New States

08 February 2024 at 09:23

In a bid to enhance convenience and accessibility for taxpayers, the Goods and Services Tax (GST) portal has rolled out a significant update, now allowing GST payments through Credit Cards and Debit Cards.

Posted in GST | 5397 Views

FIR Filed Against State Tax Assistant Commissioner and GST Officers for Rs 1 Crore Bribe

08 February 2024 at 09:23

In a shocking development, the Anti-Corruption Bureau (ACB) of Maharashtra has initiated legal proceedings against an Assistant Commissioner of the State GST department, along with other officers, for allegedly soliciting a massive bribe of Rs 1 crore.

Posted in GST | 3471 Views

ICAI Issues SA 800 (Revised), SA 805 (Revised) and SA 810 (Revised)

08 February 2024 at 09:22

Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised)

Posted in Audit | 2820 Views

GST Appellate Tribunal to Expand with 50 New Benches: Revenue Secretary

08 February 2024 at 09:22

As India continues on its growth trajectory, the spotlight shines on the efficacy of its tax policies, particularly the Goods and Services Tax (GST).

Posted in GST | 2109 Views

Pass Percentage of CA Foundation Dec 2023 Exams

07 February 2024 at 19:59

ICAI has declared the CA Foundation results for the exams held in Dec 2023

Posted in Students | 7503 Views

ICAI | Dec 2023 CA Foundation Results Declared

07 February 2024 at 18:54

The Institute of Chartered Accountants of India has declared the results for the Dec 2023 CA Foundation Exams.

Posted in Students | 2922 Views

Govt Plans to Remove GST Invoice Edit Option To Revise Output Liability

07 February 2024 at 09:04

The government is contemplating eliminating the flexibility for buyers and sellers to revise their output liability by locking invoices and removing the edit option in the next financial year, as revealed by Revenue Secretary Sanjay Malhotra.

Posted in GST | 13377 Views

GST Officials Detects 14,597 Tax Evasion Cases from April to December

07 February 2024 at 09:03

In a recent disclosure to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed the proactive measures undertaken by GST officers to curb tax evasion.

Posted in GST | 5058 Views

Government Initiatives Boost MSME Sector Towards 'Viksit Bharat' Goal

07 February 2024 at 09:02

Towards achieving the 'Viksit Bharat' objective, the Ministry of Micro, Small and Medium Enterprises implements various schemes for the benefit of MSME sector across the country

Posted in Corporate Law | 2586 Views