CAclubindia News


GST Collection Hits Rs 1.87 Lakh Crore in October, Second-Highest Ever Boosted by Domestic Sales

   02 November 2024 at 08:52

India recorded significant growth in its Goods and Services Tax (GST) collections for October 2024, showcasing a strong economic momentum.

Posted in GST |   1176 Views


CBDT Notifies Electronic Submission of Specified Forms Under Rule 131 for Income Tax Compliance

   01 November 2024 at 07:58

CBDT through the Directorate of Income Tax (Systems), issued Notification No. 5/2024 on October 30, 2024, mandating the electronic submission of certain forms listed in Appendix-II of the Income Tax Rules, 1962

Posted in Income Tax |   2766 Views


CBDT Grants Delay Condonation for AY 2023-24 Income Returns Claiming Section 80P

   01 November 2024 at 07:56

The Central Board of Direct Taxes (CBDT) has recently issued Circular No. 14/2024 on October 30, 2024, which allows for the condonation of delay in filing income tax returns for Assessment Year (AY) 2023-24

Posted in Income Tax |   2922 Views


ICAI and CAs: Supporting India's Journey to Become a $30 Trillion Economy by 2047

   01 November 2024 at 07:54

India's Vision India@2047, a blueprint to transform the nation into a $30 trillion economy by 2047

Posted in Professional Resource |   6888 Views


CBDT Notifies Transfer Pricing Tolerance Range for AY 2024-25 Under Rule 10CA

   31 October 2024 at 08:05

The Central Board of Direct Taxes (CBDT) has issued notification no. 116/2024 dated October 18, 2024 notifying the tolerance range for AY 2024-25.

Posted in Income Tax |   828 Views


CBI Files Chargesheet Against Former IT Commissioner in Rs 10 Lakh Bribery Case Involving Multiple Accused

   31 October 2024 at 08:03

The Central Bureau of Investigation (CBI) has officially filed a chargesheet against five individuals, including the former Principal Commissioner of Income Tax for Patna and Dhanbad, in connection with an alleged Rs 10 lakh bribery case.

Posted in Income Tax |   1581 Views


CBDT Chairman Urges Income Tax Department to Build Responsive, Fair and Empathetic Tax Administration

   31 October 2024 at 07:53

Extending Diwali greetings, Agrawal underscored the values of "perseverance, integrity, and wisdom" as guiding principles for department officials

Posted in Income Tax |   1815 Views


Surge in Crorepati Tax Filers: Over 2.38 Lakh Report Rs 1 Crore+ Income for AY 2024-25

   31 October 2024 at 07:46

India has seen a remarkable rise in high-income individual income tax return (ITR) filings, with over 2.38 lakh taxpayers reporting incomes above ₹1 crore in the first half of the current fiscal year (April-September 2023).

Posted in Income Tax |   447 Views


GSTN Issues Advisory on Biometric Aadhaar Authentication & Document Verification for GST Registration in Ladakh

   31 October 2024 at 07:45

GSTN Issues Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Ladakh

Posted in GST |   381 Views


Pass Percentage of CA Foundation September 2024 Exams

   30 October 2024 at 11:04

Explore the pass percentage and key insights from the CA Foundation September 2024 exams

Posted in Students |   5178 Views



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