CAclubindia News

Businesswoman Arrested in Rs 10,000 Crore GST Fraud Case by Noida Police

25 June 2024 at 09:00

The Noida Police have successfully apprehended a 40-year-old businesswoman from Coimbatore, Tamil Nadu, for her alleged involvement in a massive ₹10,000 crore Goods and Services Tax (GST) fraud. T

Posted in GST | 2616 Views

53rd GST Council Meeting: List of New Rate Changes for Goods and Services

25 June 2024 at 09:00

FM chaired a crucial pre-Budget consultation with finance ministers of states and Union Territories. This significant meeting was followed by the 53rd meeting of the GST where several pivotal decisions were made to streamline taxation.

Posted in GST | 6282 Views

Gaming Industry Faces Continued Uncertainty Following 53rd GST Council Meeting

24 June 2024 at 08:58

The gaming industry is reeling from the recent GST Council meeting, which failed to address its plea for a revised tax structure.

Posted in GST | 2742 Views

53rd GST Council Meeting: Key Highlights

22 June 2024 at 20:28

The 53rd GST Council meeting, held today, introduced several significant changes aimed at easing the tax burden on taxpayers and reducing litigation.

Posted in GST | 13452 Views

Budget 2024-25: FM Nirmala Sitharaman Chairs Pre-Budget Consultation with State Finance Ministers

22 June 2024 at 16:16

Union Finance Minister Smt. Nirmala Sitharaman chairs Pre-Budget consultation with Finance Ministers of States/ Union Territories (with Legislature) for taking suggestions for Union Budget 2024-25

Posted in Union Budget | 2964 Views

New Tax Regime Default for AY 2024-25: How to Opt for Old Regime

22 June 2024 at 08:52

For AY 2024-25, NEW TAX REGIME is the default regime for Individual, HUF, AOP (other than co-operative society), BOI and Artificial Juridical Person.

Posted in Income Tax | 4491 Views

Offline and Online Utility of ITR-7 for AY 2024-25 Now Available for Filing

22 June 2024 at 08:49

The Income Tax Department has released the offline and online utilities for filing Income Tax Return (ITR) Form 7 for the Assessment Year (AY) 2024-25.

Posted in Income Tax | 660 Views

ICAI Invites Public Comments on IPAE's Proposed Revisions to Sustainability Standards in IES 2, 3, and 4

22 June 2024 at 08:48

Exposure Draft on Proposed Revisions to 'IES 2, 3, and 4 – Sustainability' - For Public Comments

Posted in Accounts | 426 Views

E-Way Bill Generation Reaches Second All-Time High in May with 10.32 Crore

21 June 2024 at 08:58

In an unexpected surge, e-way bill generation in India reached 10.32 crore in May, marking the second-highest level since the system's inception.

Posted in GST | 756 Views

GST Authorities Withdraw Rs 202.83 Crore GST Demand Against Jagran Prakashan

21 June 2024 at 08:53

In a significant relief to Jagran Prakashan, the publisher of the widely-read Hindi daily Dainik Jagran, the government has rescinded a substantial goods and services tax (GST) demand totaling Rs 202.83 crore.

Posted in GST | 5166 Views