CAclubindia News

Income Tax Raid in Agra Uncovers Nearly Rs 60 Crore Cash from Shoe Trader's Residence

22 May 2024 at 09:00

In a significant crackdown on tax evasion, the Income Tax Department conducted a series of raids in Agra on Saturday, May 18. Nearly ₹60 crore in cash was recovered from premises linked to a prominent shoe trader,

Posted in Income Tax | 4590 Views

GST Council Unlikely to Revoke 28% Tax on Online Gaming Industry

21 May 2024 at 08:59

As the online gaming industry eagerly awaits a review of the 28% Goods and Services Tax (GST) imposed on the sector, the GST Council appears unlikely to roll back the levy.

Posted in GST | 2190 Views

ICAI Hosts Academia Meet to Accelerate Discovery through Collaborative Research Initiatives

21 May 2024 at 08:58

ICAI through its Research Committee has organised the Academia Meet on 17th May 2024 with Universities / Institutions to facilitate a platform for interaction and knowledge exchange between esteemed academicians to foster research advancements.

Posted in Students | 324 Views

Income Tax Officer Loses Rs 48,902 in Online Reward Points Fraud

20 May 2024 at 09:04

A 48-year-old IRS officer with the Income Tax Department fell victim to an online reward points fraud, losing Rs 48,902.

Posted in Income Tax | 2562 Views

SEBI Eases KYC Formalities for Mutual Funds: PAN-Aadhaar Link Rule Withdrawn

20 May 2024 at 09:02

Mutual fund investors can breathe easy for now. The capital market regulator, SEBI, has withdrawn the requirement to link PAN with Aadhaar for obtaining 'KYC registered' status for mutual fund transactions.

Posted in Income Tax | 12915 Views

Retired Chartered Accountant Loses Over Rs 1.97 Crore in Online Stock Market Fraud

20 May 2024 at 09:01

An investigation has been initiated after Madhukant Patel, an 88-year-old retired Chartered Accountant from Ahmedabad, reportedly lost Rs 1.97 crore in an alleged stock trading cyber fraud, according to the police.

Posted in Income Tax | 8283 Views

GSTN: New Feature Allows Users to Track Physical Verification Status of Registration Applications

20 May 2024 at 09:00

The GST Network (GSTN) has introduced a significant update to the GST Portal, enhancing the functionality of the 'Track Application Status' tab.

Posted in GST | 1 comments | 4461 Views

ICAI Launches Self-Paced Module Test (SPMT) Portal

19 May 2024 at 07:40

ICAI has launched Self-Paced Module Test (SPMT) Portal - https://spmt.icai.org

Posted in Students | 14673 Views

ICAI Announces Schedule of CA Foundation / Intermediate September 2024 Exams

18 May 2024 at 15:39

The Institute of Chartered Accountants of India (ICAI) has officially announced the exam schedule for the CA Foundation and Intermediate exams for September 2024. Get all the important dates and details here.

Posted in Students | 9108 Views

ICAI to Issue Global Networking Guidelines for Indian CA Firms

18 May 2024 at 08:24

The Institute of Chartered Accountants of India (ICAI) will soon introduce international networking guidelines to aid domestic firms in expanding their global presence, ICAI President Ranjeet Kumar Agarwal announced.

Posted in Professional Resource | 2433 Views