CAclubindia News

GST evasion of Rs 12766 cr detected this Financial Year

17 December 2018 at 11:33

During the current financial year (between April 2018 to November 2018) 3196 cases involving an amount of Rs. 12766.85 Crore have been identified.Suspected GST Evasion amounting to Rs. 12766.85 has come to the light till the month of November, 2018.

Posted in GST | 7 comments | 10854 Views

Direct and Indirect tax collected in last 4 years

17 December 2018 at 11:33

The details of total Direct Tax and Indirect Tax collected over the last three years along with the different component-wise are as under:Direct Tax (Rs. in crore) Financial Year Corporation T

Posted in Income Tax | 3186 Views

Month wise GST collected from its inception

17 December 2018 at 11:33

The month-wise gross collection of Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Integrated Goods and Services Tax (IGST) and Cess for FY 2017-18 and FY 2018-19 are as under: br> Month GST collection

Posted in GST | 4395 Views

E-return filing doubled in last 4 years

17 December 2018 at 11:33

There has been a growth in the number of e-Returns filed by the individual taxpayers during the last four years.The number of income-tax returns filed and the annual growth rate during the last four financial years are as under: Financial

Posted in Income Tax | 2397 Views

IIM Ahmedabad to provide CAs with management training

17 December 2018 at 11:33

The Indian Institute of Management Ahmedabad is going to train the chartered accountants (CAs) in management skills.One of the most premier B-schools of India and the Institute of Chartered Accountants of India (ICAI) – National professional ac

Posted in Students | 7200 Views

Extension of Last Date of filing of Forms NFRA

14 December 2018 at 11:12

General Circular No. 2018 F. No. 1/4/2016-CL-I Government of India Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi Dated: December, 2018 To All RDs, All RoC, The Stakeholders. Subject: Extension of

Posted in Corporate Law | 5496 Views

Final Bank Branch Auditors panel hosted for 2018-19

14 December 2018 at 11:12

The Final Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2018-19 has been hosted at www.meficai.org and will be available till 14th December, 2018. Thereafter the panel will be submitted to RBI. Professional Development

Posted in Audit | 5325 Views

Shaktikanta Das appointed as new Governor of RBI

12 December 2018 at 17:38

In exercise of the powers conferred by clause (a) of sub-section (1) read with sub-section (4) of Section 8 of the Reserve Bank of India Act 1934, the Central Government appointed Shri Shaktikanta Das, IAS Retd. (TN:80), former Secretary, Department

Posted in Community & General | 2610 Views

Govt make NPS withdrawal completely tax free

11 December 2018 at 11:10

DecisionThe Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS). Enhancement of the mandatory contribution by the Central Government for its employees covered under

Posted in Community & General | 1 comments | 6306 Views

Direct tax collection grows to 6.75 lac crore upto Nov 18

10 December 2018 at 17:34

Direct Tax Collections for F.Y. 2018-19 up to November, 2018Gross collections at Rs. 6.75 lakh crore which is 15.7% higher than the gross collections for the corresponding period of last yearThe Provisional Figures of Direct Tax Collections up to Nov

Posted in Income Tax | 5175 Views