CAclubindia News


FM Nirmala Sitharaman chairs Pre-Budget consultation with FMs of States

   26 November 2022 at 08:33

The Union Finance Minister held the pre-budget consultations with the Finance Ministers of States and Union Territories (with Legislature) here today.

Posted in Union Budget |   3417 Views


Centre releases Rs 17000 crore of GST compensation to States/UTs

   26 November 2022 at 08:33

The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022

Posted in GST |   3027 Views


GSTN: Now GST payments can be made through 21 banks

   25 November 2022 at 15:54

The Goods and Services Tax Network ("GSTN") has added a new City Union Bank, bringing the total number of banks accepting GST payments to 21.

Posted in GST |   7269 Views


About Rs 400 crore tax deposited by filing updated ITRs so far

   25 November 2022 at 08:41

The recently introduced provision of allowing taxpayers to update their tax returns has seen as many as 5 lakh re-filings with about ₹400 crore additional tax coming in, a senior government official said on Thursday.

Posted in Income Tax |   6720 Views


ICAI issued revised disclosures checklist for Ind AS

   25 November 2022 at 08:40

ICAI has issued a revised disclosures checklist for Indian Accounting Standards (Ind AS) - November, 2022.

Posted in Accounts |   12708 Views


Verify Aadhaar before accepting it as a proof of identity: UIDAI

   24 November 2022 at 16:48

Before accepting an Aadhaar either in physical or electronic form for establishing identity of an individual, entities should verify the Aadhaar.

Posted in Income Tax |   8772 Views


CBN seizes 272 kg illicit Opium worth Rs 14 crore from inter-state drug cartels

   24 November 2022 at 08:42

In continuance of Anti-Drug operations, officers of Central Bureau of Narcotics (CBN) Neemuch, have busted inter-state drug cartels involved in trafficking of illicit Opium from North East India to Rajasthan.

Posted in Others |   1869 Views


IT department conducts 40 raids across Tamil Nadu alleging tax evasion

   24 November 2022 at 08:41

The Income Tax department started to conduct surprise raids on goods suppliers to Public Distribution System (PDS) shops in Tamil Nadu on Wednesday.

Posted in Income Tax |   7056 Views


GSTN included as Financial Information Provider under Account Aggregator Framework

   24 November 2022 at 08:39

The Reserve Bank on Wednesday said the Goods and Services Tax Network (GSTN) has been included in the list of financial information providers under the Account Aggregator framework to facilitate cash flow-based lending to MSMEs.

Posted in GST |   6246 Views


IT Dept detects unaccounted transactions exceeding Rs. 100 crore in Bihar

   23 November 2022 at 08:49

Income Tax Department initiated a Search & Seizure action on few groups engaged in the business of gold & diamond jewellery and real estate, on 17.11.2022.

Posted in Income Tax |   3672 Views