CAclubindia News

Members who have been elected to the Twenty Fifth Council of ICAI

23 December 2021 at 08:39

Members who have been elected to the Twenty Fifth Council of ICAI from the constituencies have been listed here

Posted in Professional Resource | 5187 Views

CBDT issues refunds to more than 1.38 crore taxpayers from 1st April to 20th December 2021

23 December 2021 at 08:41

CBDT issues refunds of over Rs. 1,44,328 crore to more than 1.38 crore taxpayers from 1st April 2021 to 20th December,2021.

Posted in Income Tax | 1269 Views

CBIC mandates Aadhaar Authentication for Registered Persons

23 December 2021 at 08:42

The Central Government vide Notification No. 38/2021-CT dated 21.12.2021 has notified January 1, 2022 as the implementation date for Rule 10B of CGST Rules, 2017.

Posted in Income Tax | 1977 Views

FM Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2022-23

23 December 2021 at 08:44

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the pre-budget consultation meetings for Budget 2022-23 held in virtual mode from 15th to 22nd December, 2021.

Posted in Union Budget & Policy | 1725 Views

Government takes various steps to improve the flow of credit to the MSME sector

22 December 2021 at 08:40

The Minister stated that this exemption is available upto Rs 25 lakh per borrower, disbursed upto fortnight ending 31.12.2021, for a period of one year from date of origination of loan or the tenure of the loan, whichever is earlier.

Posted in Corporate Law | 1743 Views

With over 22 billion transactions in FY 2020-21, UPI emerges as the favourite digital payment choice

22 December 2021 at 08:38

As a result of the initiatives taken by the Government, there has been a paradigm shift in digital transactions in India.

Posted in Community & General | 1335 Views

IT Department conducts Search Operations on over 30 premises in Uttar Pradesh and Karnataka

22 December 2021 at 08:38

The Income Tax Department carried out search and seizure operation on 18.12.2021 on various persons and their business entities, engaged in the business of civil construction and real estate and running educational institutes in UP and Karnataka.

Posted in Income Tax | 1425 Views

7,288 kg gold seized by Customs and DRI in less than 3 years

21 December 2021 at 17:38

Customs field formations and Directorate of Revenue Intelligence have seized 3626.85 kg during 2019-20, 1944.392 kg during 2020-21 and 1717.396 kg during 2021-22 (till November).

Posted in Custom | 1899 Views

Mumbai Based CA arrested for generating Fake Input Tax Credit

20 December 2021 at 08:46

On 14/12/2021 (Tuesday) GST Officers of Thane commissionerate arrested Vikram Jain, a Mumbai-based CA for generating fake invoices worth more than Rs 500 crores to tune a GST of Rs 92 crores without actual receipt of goods.

Posted in GST | 4 comments | 12177 Views