CAclubindia News
Shri Tuhin Kanta Pandey Assumes Charge as Revenue Secretary, Ministry of Finance
10 January 2025 at 08:54The current Finance Secretary, Shri Tuhin Kanta Pandey, took charge as the Secretary, Department of Revenue (DoR), Ministry of Finance, in forenoon today.
Budget 2025 to Feature Simplified Income Tax Rules for Hassle-Free Filing
10 January 2025 at 08:49The Indian government is set to overhaul the Income-tax Act of 1961 in a bid to simplify tax filing rules, easing compliance for taxpayers and addressing disputes that have escalated to over $120 billion in the past decade.
GSTN Issues Advisory On Implementation of Mandatory Mentioning of HSN codes in GSTR-1 & GSTR-1A
10 January 2025 at 08:49Advisory On Implementation of Mandatory Mentioning of HSN codes in GSTR-1 & GSTR-1A
Income Tax Department Launches 24x7 Control Room to Monitor Unaccounted Cash and Valuables Ahead of Delhi Assembly Elections 2025
09 January 2025 at 09:04Income Tax Department sets up 24x7 Control Room with Toll Free Number to vigil on movement of unaccounted cash, bullion & other valuables to ensure clean and fair Delhi Legislative Assembly Elections, 2025
DGGI Granted Powers to Block Online Money Gaming Apps Evading GST
09 January 2025 at 09:01The Directorate General of GST Intelligence (DGGI) has been empowered to directly issue takedown notices to intermediaries to block online money gaming apps and websites evading Goods and Services Tax (GST).
Gems and Jewellery Industry Seeks GST Reduction to 1% Ahead of Union Budget
09 January 2025 at 09:00The All India Gem and Jewellery Domestic Council (GJC) has urged the government to reduce Goods and Services Tax (GST) on the sector from the current 3% to 1% on a revenue equivalence ratio.
Gujarat SGST Department Uncovers Rs 11.33 Crore Liability in Raids on Coaching Institutes
09 January 2025 at 08:57The Gujarat State Goods and Services Tax (SGST) Department announced on Tuesday the uncovering of significant tax evasions during raids on 11 coaching institutes.
CBDT Notifies Exemption for IFSC Units from Section 206C(1H) Tax Collection Under Income-tax Act
09 January 2025 at 08:49CBDT has issued a key update via Notification No. 6/2025 dated January 6, 2025, exempting Units of IFSC from being treated as buyers under Section 206C(1H) of the Income-tax Act, 1961.
RBI Releases Draft Formats of Financial Statements of Co-operative Banks
09 January 2025 at 08:49The Reserve Bank of India (RBI) has initiated a significant update to the financial reporting formats for co-operative banks under Section 29, read with Section 56 of the Banking Regulation Act, 1949.
Advisory Issued for Biometric Aadhaar Verification for GST Registration in Rajasthan
09 January 2025 at 08:49Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Rajasthan
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