CAclubindia News
FM Nirmala Sitharaman chairs 26th meeting of the Financial Stability and Development Council
16 September 2022 at 08:46The 26th Meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in Mumbai
RBI releases Handbook of Statistics on the Indian Economy 2021-22
16 September 2022 at 08:46Reserve Bank released its annual publication titled "Handbook of Statistics on the Indian Economy, 2021-22" (HBS).
ICAI extends last date for online empanelment of members to act as observers for Nov/Dec 2022 CA exams upto 20th September
16 September 2022 at 08:46It has been decided to extend the Last date of online empanelment of members to act as observers at the examination centres for the Chartered Accountants’ Examinations, November/ December 2022, up to 20th September 2022.
GST collections likely to cross Rs. 1.5 lakh crore from November
15 September 2022 at 08:44FM on Wednesday spoke about Prime Minister Narendra Modi's "special mention" of robust GST revenues as a sign of a sound economy, while the revenue department set a new target of ₹1.50 lakh crore monthly collections from November this year
Banks exempted from 10% TDS for one-time loan settlements
15 September 2022 at 08:44TDS won't be applicable on one-time loan settlement with borrowers/waiver of loan granted on reaching settlement with the borrowers by institutions such as public financial institutions, scheduled banks
FM urges GST officials to utilize technologies to identify fraudulent practices
15 September 2022 at 08:44We need to better utilize AI, data-analytics, IoT and other technologies to identify fraudulent practices, such as detection of tax evasion and better train officials on these aspects: Nirmala Sitharaman
Mandatory evaluation of Audit Quality Maturity of firms using Revised AQMM Rev v1.0
14 September 2022 at 08:35W.E.F. the 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatorily required to undertake an evaluation of their audit quality maturity using the Audit Quality Maturity Model Revised Version 1.0 (AQMM Rev v1.0)
CBDT issued additional guidelines for removal of difficulties u/s 194R
14 September 2022 at 08:35Additional Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961
E-Way Bill generation provisioned for movement of Gold
13 September 2022 at 09:22As per the Government recommendation, E-Way Bill generation has been provisioned for movement of Gold (HSN Chapter 71) for all Intrastate and Interstate transactions.
Businesses will be able to claim pre-GST tax credits from 1st October
13 September 2022 at 08:38The businesses that could not claim tax credits for taxes paid during the pre-goods and services tax (GST) era may soon get an opportunity to do so. The government, from October 1, is likely open a special window for businesses to file their claims.
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