CAclubindia News

CBIC issues SOP for scrutinizing returns from FY 2019-20 onwards

27 May 2023 at 08:50

The CBIC vide Instruction No. 02/2023-GST dated May 26, 2023 has issued Standard Operating Procedure ("SOP") for Scrutiny of Returns for Financial Year 2019-20 onwards.

Posted in GST | 7731 Views

MSME Ministry Allows Informal Micro Units to Opt-Out of Aadhaar Authentication

27 May 2023 at 08:47

The Ministry of MSME has made the Aadhaar authentication for informal micro units voluntary to encourage informal micro enterprises (IMEs) for Udyam registration to the benefits of priority sector lending (PSL).

Posted in Income Tax | 3261 Views

ICAI releases Annual Membership Fees Structure for the year 2023-2024

27 May 2023 at 08:46

Members are advised to remit Annual Membership/Certificate of Practice fees for the year 2023-2024

Posted in Professional Resource | 35628 Views

Ministry of Finance to launch Rs 75 coin to commemorate New Parliament Building inauguration

26 May 2023 at 11:41

In honour of the inauguration of the new Parliament building, the Union Finance Ministry has announced the minting of a special Rs 75 coin. With the inscription 'Parliament Complex' and an image of the new building, this commemorative coin ai

Posted in Professional Resource | 12132 Views

CBDT raises tax exemption limit on Leave Encashment to Rs 25 lakh for Non-Govt Salaried Employees

26 May 2023 at 08:47

In pursuance to the proposal in the Budget Speech, 2023, by the Hon'ble FM, the Central Government has notified the increased limit for tax exemption on leave encashment on retirement

Posted in Income Tax | 11421 Views

CBDT exempts investments from Angel Tax for 21 International Countries

26 May 2023 at 08:46

The Finance Ministry has notified 21 countries, including the US, UK and France, from where non-resident investment in unlisted Indian startups will not attract angel tax.

Posted in Income Tax | 3027 Views