CAclubindia News


CBIC makes e-invoice mandatory if turnover exceeds Rs. 20 crores w.e.f 1st April 2022

   25 February 2022 at 11:47

The existing limit of Rs. 50 crores has now been reduced to Rs. 20 crores vide Notification No. 01/2022 - Central Tax dated 24th February, 2022.

Posted in GST  4 comments |   10488 Views


CBDT issues refunds to more than 2.07 crore taxpayers from 1st April 2021 to 21st Feb 2022

   25 February 2022 at 08:34

CBDT issues refunds of over Rs. 1,82,995 crore to more than 2.07 crore taxpayers from 1st April 2021 to 21st Feb,2022.

Posted in Income Tax |   1182 Views


Multiple interventions by GoI have benefitted not only the large Industries but also the MSMEs, says Shri Piyush Goyal

   25 February 2022 at 08:34

Shri Piyush Goyal has said the Industry has responded well to the multiple interventions by the Government to enhance Local Value Addition which has benefitted not only the large industries but also the MSMEs

Posted in Community & General |   978 Views


2 held by CGST Officials for ITC fraud of more than Rs 31.85 crore

   24 February 2022 at 17:05

2 held by Faridabad CGST Commissionerate for issuing fake invoices of over Rs 200 crore and availing involving fraudulent ITC of Rs 31.85 crore

Posted in GST |   5556 Views


CGST unearths fake invoicing racket of Rs 611 crore involving tax evasion of Rs 38.5 crore

   24 February 2022 at 17:05

Delhi South CGST unearths fake invoicing racket of Rs 611 crore involving tax evasion of 38.5 crore

Posted in GST |   2139 Views


Dec 21 CA Inter Results likely to be declared on 26th or 27th February 2022

   24 February 2022 at 12:57

The results of the Chartered Accountants Intermediate Examination (Old Course & New Course) held in December 2021 are likely to be declared on Saturday, the 26th February 2022(evening)/Sunday, the 27th February 2022

Posted in Students  1 comments |   8970 Views


RBI | Payment and Settlement Systems Regulations, 2008

   24 February 2022 at 08:43

In exercise of the powers conferred by sub-section (1) read with clauses (b) to (f) of sub- section (2) of Section 38 of the Payment and Settlement Systems Act, 2007 (51 of 2007), the Reserve Bank of India hereby makes certain regulations

Posted in Community & General |   1701 Views


FAKE - Income Tax Department cautions public against fake job offers

   23 February 2022 at 08:49

Income Tax Department cautions the public not to fall prey to fraudulent persons misleading job-aspirants by issuing fake appointment letters for joining the Department.

Posted in Income Tax |   4506 Views


GSTN | Upcoming GSTR-1 enhancements & improvements

   23 February 2022 at 08:49

1. The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal taxpayers on a monthly or quarterly basis, as applicable. Quarterly GSTR-1 filers have also been provided with an optional Invoice Furnishing Facility (IFF) for repo

Posted in GST  6 comments |   12027 Views


FM Nirmala Sitharaman chairs post-Budget meeting with heads of Banks, NBFCs and Financial Institutions

   23 February 2022 at 08:49

Finance Minister exhorts all banks to sign up to Account Aggregator Framework, says it will improve credit flow and promote digital lending

Posted in Community & General |   1089 Views



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