CAclubindia News

Commercial Taxes Department Introduces Biometric Face Authentication for GST Registration

03 January 2025 at 08:52

The Andhra Pradesh Commercial Taxes Department, in collaboration with the Goods and Services Tax Network (GSTN), has launched an innovative Biometric Face Authentication feature for GST registration.

Posted in GST | 783 Views

MCA Extends Timeline for Filing CSR Reports to 31st March 2025

03 January 2025 at 08:52

The Ministry of Corporate Affairs (MCA) has issued a notification dated December 31, 2024, extending the timeline for compliance with certain provisions under the Companies (Accounts) Rules, 2014.

Posted in Corporate Law | 2670 Views

GSTN Releases Advisory to Taxpayers on Extension of E-Way Bills Expired on 31st Dec 2024

02 January 2025 at 16:22

It is hereby informed that the technical challenges encountered in the e-way bill generation process have been resolved, and the portal is now functioning smoothly

Posted in GST | 732 Views

GST Collection Rises 7.3% YoY, Hits Rs 1.77 Lakh Crore in December 2024

02 January 2025 at 15:24

India's gross GST revenue for December 2024 reached Rs 1,76,857 crore, marking a 7.3% increase compared to December 2023's Rs 1,64,882 crore.

Posted in GST | 516 Views

CBIC Issues Clarifications on GST Treatment of Vouchers

02 January 2025 at 09:12

The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 243/37/2024-GST, dated December 31, 2024, to provide clarity on several issues related to the Goods and Services Tax (GST) treatment of vouchers.

Posted in GST | 4482 Views

CBIC Issues Clarification on ITC for E-Commerce Operators u/s 9(5) of the CGST Act

02 January 2025 at 09:09

In a significant update for e-commerce operators, the Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 240/34/2024-GST, dated December 31, 2024.

Posted in GST | 4323 Views

CBIC Clarifies ITC Eligibility for Goods Delivered Under Ex-Works Contracts

02 January 2025 at 09:06

CBIC has issued Circular No. 241/35/2024-GST dated December 31, 2024, addressing input tax credit (ITC) eligibility under clause (b) of sub-section (2) of Section 16 of the Central Goods and Services Tax (CGST) Act, 2017.

Posted in GST | 3933 Views

ICAI's Role in Promoting Financial Literacy and Tax Awareness in 2024

02 January 2025 at 09:05

ICAI President Message for the month of January Jan 2025

Posted in Professional Resource | 3441 Views

ICAI Launches Self-Paced Online Modules (SPOM) SET C and SET D

02 January 2025 at 09:03

The Board of Studies (BOS) of the Institute of Chartered Accountants of India (ICAI) has announced the launch of additional Self-Paced Online Modules (SPOM) under SET C and SET D.

Posted in Students | 11814 Views

FM Nirmala Sitharaman Defends Tax Policies, Hints at Future Reforms for Middle Class

01 January 2025 at 08:00

With Budget 2025 on the horizon, Finance Minister Nirmala Sitharaman has addressed criticisms over taxation policies, offering a robust defense of her government's initiatives while acknowledging the challenges faced by the middle class.

Posted in Income Tax | 2217 Views