CAclubindia News
CBDT Extends Form 10B/10BB Filing Deadline to 10th November 2024
09 October 2024 at 09:28The Central Board of Direct Taxes (CBDT), in a significant move, has extended the deadline for filing Form 10B and 10BB until November 10, 2024
Shri M. Rajeshwar Rao re-appointed as RBI Deputy Governor
08 October 2024 at 08:57The Central Government has re-appointed Shri M. Rajeshwar Rao as Deputy Governor, Reserve Bank of India for a period of one year with effect from October 09, 2024, or until further orders, whichever is earlier.
RBI appoints Shri Aviral Jain as new Executive Director
08 October 2024 at 08:53The Reserve Bank of India (RBI) has appointed Shri Aviral Jain as Executive Director (ED) with effect from October 01, 2024.
AIFs and Govt in Talks Over Taxation of 'Carry Income' Amid GST Concerns
08 October 2024 at 08:51Recently, the Indian government has requested private equity and venture capital industry to explain how other countries tax fund managers, particularly in relation to the application of GST to 'carry earnings'
CBDT Forms Committee to Review Income Tax Act, Seeks Public Input via e-Filing Portal
08 October 2024 at 08:38In pursuance of the announcement in the Union Budget 2024-25 by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman, the CBDT has formed an internal committee to oversee a comprehensive review of the Income-tax Act, 1961 (Act).
J&K High Court Slams GST Authorities for Wrongfully Withholding Entrepreneur's Tax Refund
08 October 2024 at 08:37The Jammu and Kashmir High Court recently penalized the Union Territory's GST Department with a Rs 30,000 fine for unjustly withholding a tax refund owed to M/s Hallmark, a garment manufacturer based in Jammu.
Businessman Stages Semi-Naked Protest at Ghaziabad GST Office, Alleges Bribery and Harassment
07 October 2024 at 09:08In a dramatic protest, Meerut-based iron trader Akshay Jain stripped down to his underwear at the Mohan Nagar GST office in Ghaziabad, alleging persistent harassment by officials of the department.
FM Nirmala Sitharaman Urges IT Department to Address Tax Refund Delay Complaint
07 October 2024 at 09:04On October 4, Finance Minister Nirmala Sitharaman called on the Income Tax department to address a complaint raised by a taxpayer who has faced delays in receiving a tax refund.
SpiceJet Clears Four-Month Pending Salaries, Settles GST Dues and Deposits 10-Month PF Contributions
07 October 2024 at 09:00SpiceJet announced on Friday that it has cleared all pending salary and GST dues, following the recent infusion of ₹3,000 crore through a Qualified Institutional Placement (QIP) of shares on September 23.
Tax Commissioner Conducts Surprise Inspection, Warns Traders on GST Evasion
07 October 2024 at 09:00On Thursday, State Financial Commissioner (Taxation) Krishan Kumar conducted a surprise inspection in the old market area near Rainak Bazaar, uncovering a common practice of shop owners selling items without issuing bills to evade GST.
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