CAclubindia News

Pass Percentage of CA Foundation Dec 2023 Exams

07 February 2024 at 19:59

ICAI has declared the CA Foundation results for the exams held in Dec 2023

Posted in Students | 7317 Views

ICAI | Dec 2023 CA Foundation Results Declared

07 February 2024 at 18:54

The Institute of Chartered Accountants of India has declared the results for the Dec 2023 CA Foundation Exams.

Posted in Students | 2757 Views

Govt Plans to Remove GST Invoice Edit Option To Revise Output Liability

07 February 2024 at 09:04

The government is contemplating eliminating the flexibility for buyers and sellers to revise their output liability by locking invoices and removing the edit option in the next financial year, as revealed by Revenue Secretary Sanjay Malhotra.

Posted in GST | 13332 Views

GST Officials Detects 14,597 Tax Evasion Cases from April to December

07 February 2024 at 09:03

In a recent disclosure to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed the proactive measures undertaken by GST officers to curb tax evasion.

Posted in GST | 4935 Views

Government Initiatives Boost MSME Sector Towards 'Viksit Bharat' Goal

07 February 2024 at 09:02

Towards achieving the 'Viksit Bharat' objective, the Ministry of Micro, Small and Medium Enterprises implements various schemes for the benefit of MSME sector across the country

Posted in Corporate Law | 2448 Views

Paytm Under ED Scrutiny for Betting and Money Laundering Allegations

07 February 2024 at 09:01

The Directorate of Enforcement (ED) has initiated a comprehensive investigation into Paytm dating back to 2021, revealing potential ties to money laundering and illicit betting activities, according to credible sources.

Posted in Income Tax | 4452 Views

GST Notices Surge Prompts Push for Risk-Based State Assessments

07 February 2024 at 09:00

India's corporate sector is currently grappling with a flood of show-cause notices regarding Goods and Services Tax (GST) payments, prompting a call for increased scrutiny and a shift towards risk-based assessments by state authorities.

Posted in GST | 2511 Views

Govt Accumulates Over Rs 600 Crore in Penalties for Delayed PAN-Aadhaar Linking

06 February 2024 at 15:15

In a recent disclosure to the Parliament, Minister of State for Finance Pankaj Chaudhary unveiled staggering figures regarding the ongoing issue of linking Permanent Account Numbers (PAN) with Aadhaar

Posted in Income Tax | 2946 Views

Revenue Secretary Vows to Curb GST Flexibility Abuse by Buyers and Sellers

06 February 2024 at 07:53

In a recent interview, Revenue Secretary Sanjay Malhotra unveiled the government's proactive stance towards curbing Goods and Services Tax (GST) evasion, emphasizing measures to prevent abuse of corrective flexibility granted to businesses.

Posted in GST | 2268 Views

GST Appellate Tribunals (GSTAT) Anticipated to Launch by July or August 2024

06 February 2024 at 07:51

In a recent interview, Revenue Secretary Sanjay Malhotra disclosed that the long-awaited Goods and Services Tax (GST) Appellate Tribunals, aimed at resolving taxpayer disputes within the indirect tax framework, are on the cusp of commencing operations.

Posted in GST | 4431 Views