CAclubindia News

Income Tax Department Releases Complete Income Tax Act, 1961 PDF with Finance Act, 2024 Amendments

27 June 2024 at 09:01

The Income Tax Department has taken a significant step towards transparency and accessibility by making available the complete Income Tax Act, 1961, as amended by the Finance Act, 2024.

Posted in Income Tax | 1 comments | 11457 Views

Tamil Nadu, UP and Maharashtra Lead in Monthly GST Return Filing

27 June 2024 at 09:00

Uttar Pradesh, Tamil Nadu, and Maharashtra have emerged as frontrunners in filing GST returns on a monthly basis, highlighting their economic prowess, according to data from GSTN, the company processing tax returns.

Posted in GST | 2067 Views

General Insurance Sector Receives Rs 18K Crore Relief as GST Council Drops Tax Demand

27 June 2024 at 08:59

In a significant move ahead of the Union Budget, the general insurance sector has received a substantial relief amounting to over Rs 18,000 crore.

Posted in GST | 648 Views

Madhya Pradesh Cabinet Ends 1972 Rule: Ministers to Pay Their Own Income Taxes

26 June 2024 at 09:01

In a landmark move, the Madhya Pradesh Cabinet decided on Tuesday that state ministers will now pay their own income taxes on salaries and allowances

Posted in Income Tax | 2607 Views

GST Council to Reconstitute 3 GoMs as 11 New State Ministers Join

26 June 2024 at 08:54

On Saturday, the 53rd GST Council meeting marked a significant shift as 11 new ministers from states including Andhra Pradesh, Bihar, Chhattisgarh, Haryana, Madhya Pradesh, Mizoram, Odisha, Rajasthan, Sikkim, Telangana, and Tripura joined the council.

Posted in GST | 3177 Views

Maruti Suzuki Faces Rs 5.4 Crore GST Demand Notice

25 June 2024 at 09:00

Maruti Suzuki India Limited (MSIL), the nation's largest car manufacturer, has been issued a Goods and Services Tax (GST) demand notice amounting to Rs 5.4 crore

Posted in GST | 903 Views

Businesswoman Arrested in Rs 10,000 Crore GST Fraud Case by Noida Police

25 June 2024 at 09:00

The Noida Police have successfully apprehended a 40-year-old businesswoman from Coimbatore, Tamil Nadu, for her alleged involvement in a massive ₹10,000 crore Goods and Services Tax (GST) fraud. T

Posted in GST | 2622 Views

53rd GST Council Meeting: List of New Rate Changes for Goods and Services

25 June 2024 at 09:00

FM chaired a crucial pre-Budget consultation with finance ministers of states and Union Territories. This significant meeting was followed by the 53rd meeting of the GST where several pivotal decisions were made to streamline taxation.

Posted in GST | 6312 Views