CAclubindia News

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

29 June 2024 at 09:00

The Central Board of Indirect Taxes and Customs (CBIC) announced the launch of the automated system for publishing currency exchange rates, set to go live on July 4.

Posted in GST | 3396 Views

CBDT Issues New Order Under Direct Tax Vivad se Vishwas Act for Tax Dispute Resolution

29 June 2024 at 08:57

The Central Board of Direct Taxes (CBDT) has issued a new order under the Direct Tax Vivad se Vishwas Act, 2020 (DTVsV Act).

Posted in Income Tax | 5241 Views

CBDT Mandates Electronic Filing of Appendix-II Forms under Income Tax Rules 1962

29 June 2024 at 08:56

The Central Board of Direct Taxes (CBDT) has issued a new notification that mandates the electronic submission of certain forms under the Income Tax Rules, 1962. This move aims to streamline the filing process and enhance compliance.

Posted in Income Tax | 4806 Views

GST Payments Now Available via HDFC Bank Payment Gateway

28 June 2024 at 08:58

GSTN reveals that GST payments can now be made through the HDFC Bank payment gateway, allowing for transactions via UPI, debit cards, and credit cards

Posted in GST | 1860 Views

Budget 2024: FM Sitharaman likely to Present Union Budget on July 23-24

28 June 2024 at 08:56

Finance Minister Nirmala Sitharaman is expected to present the Union Budget for FY25 on July 23 or 24, according to some reliable sources. However, there is no official confirmation on the exact date of the budget presentation.

Posted in Union Budget | 3627 Views

ICAI: International Conference of CA Students in Kolkata Breaks Record with Over 3,600 Participants

28 June 2024 at 08:54

ICAI organized a two-day International Conference of CA Students in Kolkata on 22nd and 23rd June 2024. The event witnessed the participation of more than 3600 students from across the globe.

Posted in Students | 750 Views

Good News for Taxpayers: GSTN Increases Document Size Limits for Clearer Attachments

27 June 2024 at 16:13

The Goods and Services Tax Network (GSTN) has brought great news for taxpayers by increasing the document size limit for certain attachments.

Posted in GST | 6864 Views

CBIC Clarifies GST Laws with 16 New Circulars Issued on 26th June 2024 for Enhanced Compliance

27 June 2024 at 16:10

CBIC issued 16 crucial circulars dated 26th June 2024 under the Goods and Services Tax (GST) regime, aimed at clarifying various aspects of the tax law and ensuring smoother compliance.

Posted in GST | 9582 Views

GST Council Proposal: Gaming Companies Set to Gain from Rs 1 Lakh Crore Retro Tax Waiver

27 June 2024 at 09:08

The Goods and Services Tax (GST) Council's recent recommendation to introduce an amendment allowing the government to overrule retrospective tax demands has sparked hope among India's cash-rich real money gaming (RMG) companies

Posted in GST | 2979 Views

Income Tax Department Releases Complete Income Tax Act, 1961 PDF with Finance Act, 2024 Amendments

27 June 2024 at 09:01

The Income Tax Department has taken a significant step towards transparency and accessibility by making available the complete Income Tax Act, 1961, as amended by the Finance Act, 2024.

Posted in Income Tax | 1 comments | 11187 Views