CAclubindia News

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 | 756 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 | 6873 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 | 9606 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 | 2982 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 | 11367 Views

Tamil Nadu, UP and Maharashtra Lead in Monthly GST Return Filing

27 June 2024 at 09:00

Uttar Pradesh, Tamil Nadu, and Maharashtra have emerged as frontrunners in filing GST returns on a monthly basis, highlighting their economic prowess, according to data from GSTN, the company processing tax returns.

Posted in GST | 2061 Views

General Insurance Sector Receives Rs 18K Crore Relief as GST Council Drops Tax Demand

27 June 2024 at 08:59

In a significant move ahead of the Union Budget, the general insurance sector has received a substantial relief amounting to over Rs 18,000 crore.

Posted in GST | 645 Views

Madhya Pradesh Cabinet Ends 1972 Rule: Ministers to Pay Their Own Income Taxes

26 June 2024 at 09:01

In a landmark move, the Madhya Pradesh Cabinet decided on Tuesday that state ministers will now pay their own income taxes on salaries and allowances

Posted in Income Tax | 2598 Views

GST Council to Reconstitute 3 GoMs as 11 New State Ministers Join

26 June 2024 at 08:54

On Saturday, the 53rd GST Council meeting marked a significant shift as 11 new ministers from states including Andhra Pradesh, Bihar, Chhattisgarh, Haryana, Madhya Pradesh, Mizoram, Odisha, Rajasthan, Sikkim, Telangana, and Tripura joined the council.

Posted in GST | 3174 Views

Maruti Suzuki Faces Rs 5.4 Crore GST Demand Notice

25 June 2024 at 09:00

Maruti Suzuki India Limited (MSIL), the nation's largest car manufacturer, has been issued a Goods and Services Tax (GST) demand notice amounting to Rs 5.4 crore

Posted in GST | 897 Views