CAclubindia News

Ministry of Finance Notifies Amendments to GST Appellate Tribunal Jurisdiction

27 November 2024 at 09:09

The Ministry of Finance, through Notification No. 5063(E), has introduced significant amendments to the jurisdiction of State Benches of the Goods and Services Tax Appellate Tribunal (GSTAT) under Section 109 of the CGST Act, 2017.

Posted in GST | 1218 Views

CBDT Releases FAQs On PAN 2.0 Project

27 November 2024 at 09:09

FAQs On PAN 2.0 Project Released by CBDT

Posted in Income Tax | 4461 Views

GSTN Issues Advisory for Reporting TDS Deducted by Scrap Dealers in October 2024

27 November 2024 at 09:08

As per Notification No. 25/2024-Central Tax, effective from 10.10.2024, any registered person receiving supplies of metal scrap classified under Chapters 72 to 81 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)

Posted in GST | 6459 Views

NFRA Approves 40 Auditing Standards and Quality Management Rules for LLPs

27 November 2024 at 09:05

NFRA Approves Auditing and Quality Management Standards for LLPs, Effective from 2026

Posted in Corporate Law | 1809 Views

CBDT Recognizes SKAN Research Trust as Research Association for Tax Deductions

27 November 2024 at 09:05

CBDT, through Notification No. 121/2024 dated November 25, 2024, has officially designated the SKAN Research Trust as a 'Research Association' for the purpose of conducting scientific research u/s 35(1)(ii) of the IT Act, 1961

Posted in Income Tax | 309 Views

GST Council to Review GoM Report on Health Insurance, Says Finance Ministry

27 November 2024 at 09:04

The recommendations of the Group of Ministers (GoM), tasked with examining GST issues related to life and health insurance, will be reviewed by the GST Council once submitted, Parliament was informed on Monday.

Posted in GST | 573 Views

ICAI Unveils Groundbreaking CA GPT Platform Featuring Annual Reports of 5000 Listed Companies

26 November 2024 at 11:19

The Institute of Chartered Accountants of India (ICAI) through its Committee on AI in ICAI launched CA GPT-Industry Forum comprising of annual reports of 5,000 listed companies for the fiscal year 2023-24.

Posted in Corporate Law | 1584 Views

Cabinet approves the PAN 2.0 Project

26 November 2024 at 09:00

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, has given its approval for the PAN 2.0 Project of the Income Tax Department.

Posted in Income Tax | 2 comments | 8586 Views

CBIC Empowers Additional/Joint Commissioners to Adjudicate DGGI Notices Under Key GST Sections from 1st Dec 2024

26 November 2024 at 08:58

In a significant move, the Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 27/2024-Central Tax, dated November 25, 2024, revising the powers of Additional and Joint Commissioners under the GST framework.

Posted in GST | 3450 Views

ICAI Reschedules CA Foundation Exam for January 2025 Due to Festivities

26 November 2024 at 08:57

It is hereby announced for general information that in view of Makar Sankranti/Bihu/Pongal festivals across India, CA Foundation Examination, January-2025 the said examination dtd 14th January 2025 stands rescheduled to 16th January 2025

Posted in Students | 4179 Views