CAclubindia News
Income Tax Simplification Gains Momentum: Feedback Process Set to Roll Out Ahead of Budget 2025
01 October 2024 at 09:08Expectations are rising that the long-awaited simplification of India's Income Tax Act, 1961, could soon become a reality.
ICAI invites suggestions on Comprehensive Review of the IT Act 1961 and Pre-budget Memorandum 2025
30 September 2024 at 17:24The Hon'ble Finance Minister, while presenting the Union Budget 2024-25, announced that a comprehensive review of the Income-tax Act, 1961 for simplification of the language of the Act
ICAI Extends Membership/COP Fee Payment Deadline for the year 2024-25 to 31st December
30 September 2024 at 17:23Extension of last date for payment of Membership /COP fee for the year 2024-25 to 31st December, 2024.
Government Seeks Industry Suggestions for Simplifying IT Act Starting October
30 September 2024 at 15:26The Indian government recently announced that, in an attempt to reform direct taxation policy, it will soon seek public suggestions for modifications of the Income Tax Act, 1961 from the private sector and tax professionals.
ICICI Prudential Life Insurance Receives Rs 361.23 Crore Income Tax Order for AY 2022-23
30 September 2024 at 09:14ICICI Prudential Life Insurance Company Ltd announced on Friday, September 27, 2024, that it has received an income tax order totaling ₹361.23 crore for the assessment year 2022-23.
HDFC Life Faces Income Tax Demand of Rs 296.76 Crore from Authorities
30 September 2024 at 09:13HDFC Life Insurance Company has reported receiving an income tax demand totaling ₹296.76 crore from the Assistant Commissioner of Income Tax, Central Circle 6(2), Mumbai, on September 25, 2024.
SpiceJet Clears GST Dues Just Days After Raising Rs 3,000 Crore Through QIP
30 September 2024 at 09:12Budget airline SpiceJet has taken a crucial financial step by settling all its Goods and Services Tax (GST) dues on Friday, just one day after resolving all outstanding salary arrears for its employees.
CBIC to Deploy Technology Solutions to Resolve GST Data Mismatches and Disputes
30 September 2024 at 09:11In a significant move to address the growing issue of data discrepancies in tax return filings, the CBIC is set to introduce advanced technological solutions to resolve mismatches and reduce related disputes.
Income Tax Department Announces Special Drive to Address Taxpayers' Grievances in October
30 September 2024 at 09:11The Income Tax Department in Srinagar has announced a special drive to address taxpayer grievances in Jammu & Kashmir, scheduled for the first week of October 2024.
Advisory Issued for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration in Odisha
30 September 2024 at 09:10Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Odisha
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