CAclubindia News

RBI: Rs 7755 Crore in Rs 2000 Notes Still with Public

06 June 2024 at 08:56

The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹7755 crore at the close of business on May 31, 2024.

Posted in Others | 432 Views

CBIC Chairperson inaugurates GST Bhawan at Rohtak, Haryana

06 June 2024 at 08:50

Shri Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC), inaugurated the GST Bhawan, an official complex of CGST Rohtak Commissionerate at Rohtak, Haryana.

Posted in GST | 390 Views

Admit Card for CA Foundation June 2024 Exams Released

05 June 2024 at 15:56

The Institute of Chartered Accountants of India (ICAI) has officially released the CA Foundation Admit Card 2024 for the upcoming June examination.

Posted in Students | 2475 Views

CBDT Amends Form 27Q: Introduces Note 7A for Lower/No TDS Information

05 June 2024 at 08:57

CBDT has issued a new notification announcing further amendments to the Income-tax Rules, 1962. Officially termed the Income-tax (Sixth Amendment) Rules, 2024, these changes will take effect on July 1st, 2024.

Posted in Income Tax | 6942 Views

CBIC: No Recovery Actions Allowed Within Three Months of Tax Notice

05 June 2024 at 08:56

In an important directive aimed at refining tax recovery procedures, the Central Board of Indirect Taxes and Customs (CBIC) has issued new instructions to its field formations regarding the recovery of tax demands from businesses.

Posted in GST | 5451 Views

CBIC Invites Suggestions On Draft Central Excise Bill, 2024

05 June 2024 at 08:55

The Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance, invites suggestions on the draft 'Central Excise Bill, 2024' from stakeholders by 26th June 2024.

Posted in Excise | 288 Views

ICAI Imposes 5-Year Ban on Candidates for Mobile Phone Use in CA Exams

04 June 2024 at 10:47

Stringent Action against candidates for adopting Unfair Means during CA Examination

Posted in Students | 7833 Views

ICAI Launches Self-Paced Module Test (SPMT) Portal

04 June 2024 at 10:46

ICAI has launched Self-Paced Module Test (SPMT) Portal for the candidates who have completed prescribed learning hours for respective Self-Paced Online Module A and Module B

Posted in Students | 8913 Views

Larsen & Toubro Ltd Faces Rs 4.68 Crore Penalty by Income Tax Department

04 June 2024 at 08:50

In a significant development, the Income Tax Department has levied a penalty of Rs 4,68,91,352 on Larsen & Toubro Ltd (L&T), as revealed in a recent regulatory filing. This penalty stems from tax proceedings related to the now-merged L&T

Posted in Income Tax | 702 Views

CBIC Chairman Launches GSTN Back Office Application for CBIC officers

04 June 2024 at 08:49

In a significant milestone in the digital transformation of CBIC, Sh. Sanjay Kumar Agarwal, Chairman CBIC launched the GSTN Back Office application for CBIC officers which will bring scale, speed and uniformity in the indirect tax administration.

Posted in GST | 678 Views