CAclubindia News
West Bengal Govt Suspends E-Way Bill Order: Intrastate Limit Restored to Rs 1 Lakh
23 December 2023 at 07:06The West Bengal government has decided to suspend the implementation of its earlier order, which reduced the "intrastate e-way bill" threshold from Rs 1 lakh to Rs 50,000, effective from December 1.
Telangana Commercial Taxes Dept unearthed ITC Fraud of Rs 138 crores
23 December 2023 at 07:05The Telangana Commercial Taxes Department has unveiled a sophisticated Input Tax Credit (ITC) fraud orchestrated by Mr. Chanda Sai Kumar. The fraudulent activities, amounting to a staggering Rs. 138 Crores
FM Nirmala Sitharaman approves setting up of GSTAT in Indore
23 December 2023 at 07:03FM Nirmala Sitharaman has given her approval for the establishment of a GST appellate tribunal in Indore, as announced by the Madhya Pradesh government's Public Relations Department on Thursday.
Centre releases Rs 72961 crore as Tax Devolution to States
23 December 2023 at 07:01Centre releases Rs 72,961.21 crore as additional installment of Tax Devolution to States
ICAI Clarifies on Advanced ICITSS and IT Test for CA Final Exam Eligibility under CA Regulations 31(v)
22 December 2023 at 15:44Clarifications on the requirement for completion of Advanced ICITSS and the Advanced IT Test thereunder, with reference to eligibility to appear in CA Final examination, under CA Regulations 31(v).
CBDT Revises Rules 10TA and 10TD, Redefining Intra-Group Loan with Safe Harbour Guidelines
22 December 2023 at 15:37The Central Board of Direct Taxes (CBDT) recently issued the Income-tax (Twenty-Ninth Amendment) Rules, 2023, amending Rules 10TA and 10TD of the Income Tax Rules, 1962.
Rajya Sabha Passes Bill Establishing GSTAT with Age Cap Adjustments
22 December 2023 at 07:14The Rajya Sabha granted approval on Wednesday to a crucial bill aimed at facilitating the establishment of Goods and Services Tax (GST) appellate tribunals (GSTAT).
Parliament passes Provisional Collection of Taxes Bill, 2023 for Immediate Customs and Excise Duty Changes
22 December 2023 at 07:12Parliament approved the Provisional Collection of Taxes Bill, 2023 on Wednesday, ushering in a mechanism for the provisional enforcement of changes in customs and excise duties as outlined in the Budget, effective from midnight.
GST Council Warns Businesses Against Scams with New Advisory
22 December 2023 at 07:10A recent advisory, aptly named the "GST Fraud Advisory," serves as a stern warning to GST-registered businessmen
GST Council Contemplates Raising Registration Threshold to Rs 60 Lakh: FM Sitharaman
22 December 2023 at 07:09In a comprehensive discussion held in the Rajya Sabha on Wednesday, Finance Minister Nirmala Sitharaman responded to Parliamentarians' queries and suggestions, notably addressing the proposed Central Goods and Services Tax (Second Amendment) Bill, 2023.
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