CAclubindia News


CBIC releases National Time Release Study (NTRS) 2024

   22 July 2024 at 08:54

9 ports witnessed reduction in average release time with a significant 50 percent reduction in case of Integrated Check Posts (ICPs) and 6 percent reduction in case of Air Cargo Complex (ACCs) Y-o-Y

Posted in GST |   570 Views


Income Tax Portal Update Denies Rebate for Short-Term Capital Gains

   20 July 2024 at 07:20

Overview of the IssueAfter a recent update to the tax-filing utility on the income tax portal this month, many taxpayers are facing the unexpected issue of being denied a valid rebate of up to Rs 25,000 under the new tax regime.

Posted in Income Tax |   4665 Views


CBDT awards Taxnet 2.0 Project to M/s Bharti-Airtel Ltd

   20 July 2024 at 07:20

The Central Board of Direct Taxes (CBDT) has awarded the Taxnet 2.0 project to M/s Bharti-Airtel Ltd for providing network connectivity, facility management services and video conferencing services to the Income Tax Department (ITD)

Posted in Income Tax |   627 Views


ICAI Requests Rebate u/s 87A for Income Tax on Short-term and Long-term Capital Gains

   19 July 2024 at 09:40

The ICAI has requested the allowance of a rebate under Section 87A of the Income-tax Act on short-term capital gains chargeable under Section 111A and long-term capital gains chargeable under Section 112.

Posted in Income Tax |   8976 Views


Empanelment of Members to act as Observers at Examination Centres for CA Sept/Nov 2024 Exams

   19 July 2024 at 09:08

The Institute of Chartered Accountants of India (ICAI) has announced the empanelment of its members to act as observers at examination centres for the upcoming CA examinations scheduled in September and November 2023.

Posted in Students  2 comments |   2751 Views


MCA Notifies Nidhi (Amendment) Rules, 2024

   19 July 2024 at 09:06

The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 413(E) dated July 16, 2024, announcing the Nidhi (Amendment) Rules, 2024.

Posted in Corporate Law |   915 Views


MCA Notifies Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024

   19 July 2024 at 09:05

The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 414(E) dated July 16, 2024, announcing the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024.

Posted in Corporate Law |   756 Views


MCA Notifies Companies (Incorporation) Amendment Rules, 2024

   19 July 2024 at 09:05

The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 411(E). dated July 16, 2024, announcing the Companies (Incorporation) Amendment Rules, 2024.

Posted in Corporate Law |   1053 Views


MCA Waives Additional Fees for IEPF e-Forms and e-Verifications Until 16th August

   19 July 2024 at 09:04

MCA has issued General Circular No.06/2024 dated July 16, 2024, announcing the waiver of additional fees for filing various IEPF (Investor Education and Protection Fund) e-forms and e-verifications.

Posted in Corporate Law |   2199 Views


MCA Notifies Merger of Forms and Payment Process Changes in MCA Version 3

   19 July 2024 at 09:03

The Ministry of Corporate Affairs (MCA) has issued General Circular No-07/2024 dated July 17, 2024, announcing the merger of Forms IEPF-3 with IEPF-4 and IEPF-7 with IEPF-1.

Posted in Corporate Law |   717 Views