CAclubindia News


CBIC Notifies Reduction in Pre-Deposit Requirement for GST Appeals Effective 1st Nov 2024

   10 October 2024 at 09:19

The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 20/2024 – Central Tax dated October 8, 2024, has introduced a significant amendment to the pre-deposit requirements for filing appeals under GST framework

Posted in GST |   2622 Views


CBIC Notifies Insertion of Section 74A in CGST Act, Effective from 1st Nov 2024

   10 October 2024 at 09:18

The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 20/2024 – Central Tax dated October 8, 2024, has introduced a significant amendment in the Central Goods and Services Tax (CGST) Act.

Posted in GST |   2121 Views


CBIC Introduces Rule 47A to CGST Rules: New 30-Day Time Limit for Issuing Tax Invoices Under RCM

   10 October 2024 at 09:18

On October 8, 2024, the Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 20/2024 – Central Tax, introduced Rule 47A into the Central Goods and Services Tax (CGST) Rules, 2017.

Posted in GST  1 comments |   6777 Views


CBIC Notifies Amendments to GST Rules with New Procedure for Waiver of Interest and Penalty u/s 128A

   10 October 2024 at 09:16

On October 8, 2024, the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 20/2024 – Central Tax, introducing amendments to the Central Goods and Services Tax (CGST) Rules, 2017, under Rule 164.

Posted in GST |   3135 Views


RBI Keeps Repo Rate Unchanged at 6.50%, Shifts Stance to Neutral Amid Inflation Concerns

   10 October 2024 at 09:15

Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Others |   261 Views


Over 34.84 Lakh Audit Reports Filed on Income Tax E-Filing Portal upto October 7 2024

   10 October 2024 at 09:15

More than 34.84 lakh audit reports filed on e-filing portal of Income Tax Department upto 7th October, 2024

Posted in Income Tax |   1056 Views


Tax Refund Delays Prompt Concern Among Taxpayers and Chartered Accountants

   10 October 2024 at 09:15

After Finance Minister Nirmala Sitharaman highlighted a taxpayer's grievance regarding delays in tax refunds, chartered accountants (CAs) are reporting that many of their clients are similarly affected.

Posted in Income Tax |   1587 Views


Senior Journalist Among 6 Arrested in Gujarat GST Scam: Raids Uncover 200 Fake Firms

   10 October 2024 at 09:15

Following a complaint regarding GST evasion, the Ahmedabad Crime Branch has taken significant action across the state, conducting raids at 14 locations, including Ahmedabad, Junagadh, Surat, Kheda, and Bhavnagar.

Posted in GST |   576 Views


28% GST Review: Online Gaming Industry's Top Priority One Year On

   10 October 2024 at 09:15

It has been one year since the implementation of the 28% GST on online gaming in India. While both companies and consumers have adjusted to the higher tax rate, a review of this levy remains a top priority for industry stakeholders.

Posted in GST |   462 Views


New Offline Utility Released for Filing ITRs on Income Tax Portal for AY 2024-25

   10 October 2024 at 09:15

Common Offline Utility for filing Income-tax Returns ITR 1, ITR 2, ITR 3 and ITR 4 for the AY 2024-25

Posted in Income Tax |   519 Views



Popular News




CCI Pro
Meet our CAclubindia PRO Members


Follow us