CAclubindia News

7 Years of GST: Finance Ministry Highlights Tax Relief on Household Goods

02 July 2024 at 09:09

The Goods and Services Tax (GST), which marked its 7th anniversary on Monday, has brought significant relief to households through reduced taxes on essential items like household appliances and mobile phones, according to the finance ministry.

Posted in GST | 4011 Views

Zomato Receives Rs 9.45 Crore GST Demand Notice

02 July 2024 at 09:05

Zomato Ltd., the popular food delivery provider, has been issued a Goods and Services Tax (GST) demand notice amounting to ₹9.45 crore by the Assistant Commissioner of Commercial Taxes (Audit) in Karnataka, the company disclosed in a BSE exchange filing.

Posted in GST | 780 Views

CA Day 2024: ICAI Marks 75 Years of Unwavering Commitment to Excellence

02 July 2024 at 09:04

United in trust and driven by excellence, ICAI empowers the future financial architects and leaders for a prosperous 'Viksit Bharat,' forging a financially robust and progressive nation.

Posted in Professional Resource | 4224 Views

GST Implementation Leads to 134% Increase in New Taxpayers Over 7 Years

01 July 2024 at 09:01

Since the introduction of the Goods and Services Tax (GST) seven years ago, there has been a remarkable 134% increase in the number of new taxpayer

Posted in GST | 2682 Views

MCA to Launch Third Set of Company Forms on 15th July 2024

01 July 2024 at 09:01

The Ministry of Corporate Affairs (MCA) is set to launch the third set of company forms on July 15, 2024, at 12:00 AM.

Posted in Corporate Law | 1638 Views

HDFC Life Insurance Receives Rs 1495.17 Crore Tax Demand from IT Department

01 July 2024 at 09:00

In a recent development, HDFC Life Insurance announced on Friday that it has received a tax demand of Rs 1,495.17 crore from the Income Tax department for the assessment year 2021-22.

Posted in Income Tax | 2241 Views

Ravi Agrawal Appointed as New Chairman of CBDT

01 July 2024 at 08:57

In a significant administrative move, Ravi Agrawal, a 1988-batch Indian Revenue Service (IRS) officer, has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT), the top policy-making body for the Income Tax Department.

Posted in Income Tax | 2469 Views

ICAI Welcomes Observations of the Candidates on the Question Papers of CA Foundation June 2024 Exams

01 July 2024 at 08:55

Observations of the candidates on the question papers of CA Foundation examinations - June - 2024

Posted in Students | 306 Views

Man Arrested in Rs 10,000 Crore GST Fraud Case for Creating Bogus Firms

29 June 2024 at 09:00

Authorities have apprehended a 31-year-old man, Babar Khan, accused of orchestrating a massive Goods and Services Tax (GST) fraud worth Rs 10,000 crore.

Posted in GST | 1758 Views

CBIC to Launch Automated Currency Exchange Rates System on 4th July