CAclubindia News


Online Gaming Companies Awaiting Clarity on GST Rules

   21 July 2023 at 08:48

Online gaming companies in India are awaiting clarity on the issue of repetitive taxation. The GST Council has announced a 28% GST on the turnover of online gaming companies, casinos, and horse racing companies.

Posted in GST |   3336 Views


Empanelment of Members to act as Observers at Examination Centres for CA Nov/Dec 2023 Exams

   21 July 2023 at 08:47

It is proposed to empanel members to act as Observers for the forthcoming November/December -2023 Chartered Accountants Examinations

Posted in Students |   24936 Views


HDFC Life, Bajaj Allianz among 15 insurance companies found to evade Rs 2350 crore GST

   20 July 2023 at 14:54

According to a report, 15 insurance companies, including HDFC Life Insurance, Bajaj Allianz, and Aditya Birla Sun Life Insurance, have been found to evade Rs 2,350 crore of goods and services tax (GST).

Posted in GST |   14127 Views


IT Rule 11UAC Amended to Encourage Relocation of Funds & Movable Property

   20 July 2023 at 08:52

The Income-tax (Thirteenth Amendment) Rules, 2023 were notified by the Central Board of Direct Taxes on 18th July 2023.

Posted in Income Tax |   8238 Views


Fake GST Inspector Held for Cheating Jeweller of Rs 6 Crore

   20 July 2023 at 08:51

A 42-year-old man has been arrested in Delhi for cheating a jeweller of Rs 6 crore by posing as a GST inspector.

Posted in GST |   4611 Views


ICAI | Second Phase of Peer Review Mandate Deferment Extended

   20 July 2023 at 08:50

Further deferment of second phase of Peer Review Mandate

Posted in Professional Resource |   5019 Views


Bengaluru Employee's Tweets About High Taxes Prompt Calls for Reform

   19 July 2023 at 15:18

A Bengaluru-based e-commerce employee recently took to Twitter to vent his frustration about the high taxes he pays on his earnings and spendings.

Posted in Income Tax  1 comments |   19014 Views


Over 3 crore ITRs filed for FY 2022-23 as of 18th July 2023

   19 July 2023 at 15:17

As of July 18, 2023, over 3 crore income tax returns have been filed for the financial year 2022-23

Posted in Income Tax |   7278 Views


CBDT | Exemptions for Non-Resident Financial Instruments and Specified Funds in IFSC

   19 July 2023 at 08:54

Central Board of Direct Taxes (CBDT) issued the Income-tax (Twelfth Amendment) Rules, 2023 on July 17, 2023. The amendment aims to provide exemptions and regulations regarding certain income and financial instruments for non-residents.

Posted in Income Tax |   4482 Views


IT department clarifies why PAN cards of some NRIs were made inoperative

   19 July 2023 at 08:52

The Income Tax Department (ITD) has clarified that the PAN cards of NRIs who have not met the following two criteria have been made inoperative

Posted in Income Tax |   12051 Views