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NEFT Achieves New Milestone of 4.10 Crore Daily Transactions

   04 March 2024 at 09:07

NEFT system has achieved a milestone on February 29, 2024, by processing 4,10,61,337 transactions, the highest number of transactions processed in a day so far...

Posted in Others |   168 Views


CBDT Allows Processing of E-Filed ITRs for Refunds Beyond Deadline in Non-Scrutiny Cases

   02 March 2024 at 14:02

Processing of returns of income validly filed electronically with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases

Posted in Income Tax |   4785 Views


Taxpayers from Bengaluru Recognized by FM Sitharaman for Economic Contributions

   02 March 2024 at 09:18

Union Finance Minister Nirmala Sitharaman lauded the contributions of Bengaluru taxpayers towards building a robust and prosperous India during her visit to the city on Wednesday.

Posted in Income Tax |   345 Views


Supreme Court's 9-Judge Bench Initiates Landmark Hearing on Royalty's Tax Status in Mining Leases

   02 March 2024 at 09:17

On February 27, the Supreme Court's 9-judge Constitution Bench embarked on hearings to address intricate issues pertaining to the taxation of mineral-bearing lands. C

Posted in Income Tax |   636 Views


ICAI extends last date for online empanelment of members to act as observers for May/June 2024 CA exams upto 15th March

   02 March 2024 at 09:16

Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2024 Examinations up to 15th March 2024.

Posted in Students |   8115 Views


Gross GST collections surge 12.5% to Rs 1.68 lakh crore in February

   02 March 2024 at 09:14

Rs 1,68,337 crore gross GST revenue collected during February 2024; records Year-on-Year (Y-o-Y) growth of 12.5%

Posted in GST |   1998 Views


Paytm Payments Bank Hit With Rs 5.49 Crore Fine Over Money Laundering Breach

   02 March 2024 at 09:13

Financial Intelligence Unit-India (FIU-IND) imposes penalty of Rs. 5,49,00,000 on Paytm Payments Bank Ltd with reference to violations of its obligations under PMLA

Posted in Income Tax |   288 Views


ICAI Vision 2049: President CA Ranjeet Agarwal's Future Roadmap

   01 March 2024 at 14:59

The 72nd President of our esteemed Institute, leading transformative change in the accountancy profession for our nation.

Posted in Professional Resource |   2235 Views


New Rules from March 2024: From GST Updates to Credit Card Changes

   01 March 2024 at 09:08

As March ushers in the final stretch of the financial year, several new regulations and adjustments are set to impact individuals and businesses across the board.

Posted in GST  1 comments |   4920 Views


GST Investigators Target IMA for Corporate Operations, Challenging Charitable Status

   01 March 2024 at 09:08

The Directorate General of GST Intelligence (DGGI) has submitted supplementary evidence before the Kerala High Court, intensifying its scrutiny of the Indian Medical Association (IMA).

Posted in GST |   357 Views