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ICAI's Annual Function Sparkles with Hon'ble Speaker Shri Om Birla's Inauguration, Draws 1500 Members

   10 February 2024 at 16:42

ICAI's Annual Function inaugurated by Chief Guest Shri Om Birla, Hon'ble Speaker, Lok Sabha Attended by 1500 Members

Posted in Professional Resource |   3594 Views


Rajasthan GST Department Introduces Amnesty Scheme 2024

   10 February 2024 at 16:40

The Rajasthan GST Department has recently introduced the Amnesty Scheme 2024 through Notification No. F.12(7)FD/TAX/2024-72, dated February 08, 2024.

Posted in GST |   3933 Views


Income Tax Department Set to Issue Rs 25,000 Crore Tax Notices to Insurers Over Alleged Evasion

   10 February 2024 at 16:39

The Income Tax Department is set to send demand notices totaling Rs 25,000 crore to several insurance companies by the end of March.

Posted in Income Tax |   14790 Views


GST Rate Rationalization Expected After Lok Sabha Polls, Says FinMin Official

   10 February 2024 at 09:30

A senior official from the Finance Ministry has disclosed that any substantial changes in the Goods and Services Tax (GST) rates are likely to be postponed until after the upcoming Lok Sabha elections

Posted in GST |   2982 Views


Taxpayers on Notice: CBDT Chairman Targets Non-filers for Income Tax Returns

   10 February 2024 at 09:30

The Income Tax Department in India, under the leadership of Nitin Gupta, Chairman of the CBDT, is gearing up to issue notices to individuals who have failed to file tax returns despite having taxes deducted at the source from their incomes

Posted in Income Tax |   6711 Views


Supreme Court Upholds CA Misconduct Rule: Board Empowered to Refer Cases to Disciplinary Committee

   09 February 2024 at 10:05

In a landmark decision on Thursday, February 8, the Supreme Court of India made a significant ruling regarding the Chartered Accountants' (Procedure of Investigation of Professional and Other Misconduct and Conduct of Cases) Rules, 2007.

Posted in Professional Resource |   6921 Views


MCA Extends Deadline and Waives Fees for LLP BEN-2 and Form No. 4D Filings

   09 February 2024 at 09:18

MCA has taken a significant step to ease compliance burdens on LLPs by providing relaxation in additional fees and extending the deadline for filing Form No. LLP BEN-2 and LLP Form No. 4D under the Limited Liability Partnership Act, 2008.

Posted in Corporate Law |   6609 Views


Gujarat's GST Evasion: Over 9,000 Cases Reported in Last 4 Years

   09 February 2024 at 09:17

Gujarat, often heralded as the epicenter of the business community, is grappling with a significant surge in Goods and Service Tax (GST) evasion cases, reaffirming its pivotal role in the nation's economic landscape.

Posted in GST |   2604 Views


RBI Expected to Provide Clarification on Paytm Services, Says Financial Services Secretary

   09 February 2024 at 09:16

The Reserve Bank of India (RBI) is deliberating on potential actions regarding Paytm Payments Bank (Paytm PB) following regulatory non-compliance issues

Posted in Others |   2469 Views


Over 2.16 Lakh Individuals Earn Above Rs 1 Crore in AY 2023-24

   09 February 2024 at 09:16

The latest data presented in Parliament by Minister of State for Finance Pankaj Chaudhary has revealed a remarkable surge in the count of individuals earning more than Rs 1 crore annually in India

Posted in Income Tax |   4416 Views