CAclubindia News

ICAI Introduces SPMT Portal for Self-Paced Online Module Tests

08 March 2025 at 08:40

The Examination Department of ICAI has launched the SPMT Portal for the candidates who have completed prescribed learning hours for respective Self-Paced Online Modules.

Posted in Students | 18174 Views

GST Council Reconstitutes GoM with Revised Mandate to Analyze GST Revenue Trends

08 March 2025 at 08:39

In its 55th meeting held on December 21, 2024, in Jaisalmer, Rajasthan, the GST Council decided to reconstitute the Group of Ministers (GoM) on Analysis of Revenue from GST with revised Terms of Reference (ToR).

Posted in GST | 6120 Views

Income Tax Department Alerts Taxpayers About Fake Tax Refund Scams

07 March 2025 at 09:04

The Income Tax Department has issued an urgent warning to taxpayers, cautioning them against fraudulent calls and messages related to income tax refunds.

Posted in Income Tax | 8670 Views

Haryana, Maharashtra, Karnataka, Gujarat & Tamil Nadu Top GST Collections in February 2025

07 March 2025 at 09:00

The Excise and Taxation Department has recorded significant growth in Goods and Services Tax (GST) collection, reinforcing Haryana's strong fiscal performance. ..

Posted in GST | 525 Views

FM Sitharaman Launches Digital Credit Assessment Model for MSMEs to Streamline Loan Approvals

07 March 2025 at 08:59

Union Finance Minister and MoS, Finance launch the New Credit Assessment Model for MSMEs as announced in Union Budget 2024-25

Posted in Corporate Law | 360 Views

Mahakumbh Boosts UP's GST Collections, Contributing Over Rs 1000 Crore Increase

06 March 2025 at 08:46

Uttar Pradesh has recorded a significant jump in its GST collections, with over Rs 1,000 crore increase in January and February 2025 compared to the same period last year.

Posted in GST | 1989 Views

RBI to Inject Rs 1 Lakh Crore via OMO, Announces $10 Billion Forex Swap to Manage Liquidity

06 March 2025 at 08:41

On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct operations to inject liquidity into the banking system

Posted in Others | 231 Views

New Income Tax Bill: Tax Officers Could Gain Access to Emails & Social Media for Tax Scrutiny

06 March 2025 at 08:35

While the government claims the bill is meant to simplify India's tax laws, a controversial provision buried within the draft has raised concerns over digital privacy.

Posted in Income Tax | 2940 Views

Updated List of Banks Enabled for Direct Tax Payments on e-Filing Portal

05 March 2025 at 08:49

In a move to streamline tax payments, the Income Tax Department has expanded the list of banks available for tax payments through the e-Pay Tax service on the e-Filing Portal

Posted in Income Tax | 741 Views

GST Taxpayers to Get 2 Months to Accept or Reject Credit Notes Under Amended CGST Rules

05 March 2025 at 08:47

In a significant relief to Goods and Services Tax (GST) payers, the government is likely to amend the CGST Rules, allowing recipients of goods and services up to two months to accept or reject a credit note and adjust the ITC accordingly.

Posted in GST | 29028 Views