CAclubindia News


Advisory Issued for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration in Odisha

   30 September 2024 at 09:10

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Odisha

Posted in GST |   333 Views


GSTN Restores Archived July and August 2017 GST Returns Data

   30 September 2024 at 09:09

In view of the requests received from the trade due to the difficulties faced, data has been restored back on the portal.

Posted in GST |   1479 Views


Tax Audit Due Date Extended for FY 2023-24 to 7th October 2024

   30 September 2024 at 06:41

CBDT has decided to extend the specified date for filing of various reports of audit for the Previous Year 2023-24, which was 30th September to 07th October 2024.

Posted in Income Tax |   8727 Views


Bengaluru Court Orders FIR Against FM Nirmala Sitharaman Over Electoral Bonds Allegations

   28 September 2024 at 17:07

A court in Bengaluru has stirred controversy by directing to register an FIR against Union Finance Minister Smt. Nirmala Sitharaman on Friday, the 27th September.

Posted in Others |   4038 Views


Taxpayers Rejoice: New Section 128A Waives Interest and Penalties on Specific Tax Demands

   28 September 2024 at 16:13

In a significant move aimed at alleviating tax burdens, the CGST Act has introduced a new section, 128A, which offers considerable relief for taxpayers regarding tax liabilities incurred between July 1, 2017, and March 31, 2020.

Posted in GST |   6309 Views


CGST Section 16 Revised: Taxpayers Gain Relief with New ITC Claim Provisions for 2017-2021

   28 September 2024 at 15:59

In a significant update to the Central Goods and Services Tax (CGST) Act, Section 16 has been amended with the insertion of two new sub-sections.

Posted in GST |   46170 Views


Finance Ministry Notifies Effective Dates for Various Provisions of the Finance (No. 2) Act, 2024

   28 September 2024 at 09:30

The Ministry of Finance has issued Notification No. 17/2024-Central Tax on September 27, 2024, outlining the commencement dates for several provisions of the Finance (No. 2) Act, 2024.

Posted in GST |   9210 Views


Kerala Government's Move to Push Taxation Laws Amendment Ordinance Raises Concerns Ahead of Assembly Session

   28 September 2024 at 09:24

The Kerala government's decision to promulgate the Kerala Taxation Laws Amendment 2024 Ordinance has sparked debates about the appropriateness of the move, especially with the next Assembly session scheduled to begin on October 4.

Posted in GST |   309 Views


Income Tax Act Review Committee Set to Submit Report by October

   28 September 2024 at 09:23

The government's comprehensive review of India’s decades-old Income Tax Act is making significant progress, with the review committee expected to submit its report by October, according to two government officials.

Posted in Income Tax |   1473 Views


GST Rate Rationalisation: GoM Considers Scrapping 12% Slab, Next Meeting Set for October 20

   28 September 2024 at 09:21

The GoM on GST rate rationalisation, led by Bihar Deputy Chief Minister Samrat Chaudhary, is considering tax relief on more than 100 items to ease the burden on the common man.

Posted in GST |   1470 Views



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