CAclubindia News
GSTN Introduces New Feature to Add or Amend Bank Account Details on Portal
10 August 2024 at 09:00The Goods and Services Tax Network (GSTN) has rolled out a new functionality on the GST portal, allowing taxpayers to easily add or amend their bank account details.
Income Tax Department Releases Updated Utility and Schema for Form 3CEB u/s 92E
10 August 2024 at 08:59The Income Tax Department has announced the release of the updated Utility and Schema for Form 3CEB.
ITR Processing Time Slashed Drastically in Last Decade, Marks Transformative Shift: FM Sitharaman
10 August 2024 at 08:58The Income Tax Department has achieved a significant milestone with a record 7.28 crore Income Tax Returns (ITRs) filed in the assessment year (AY) 2024-25.
NCLT Denies Merger Approval Over Tax Evasion and Money Laundering Concerns
09 August 2024 at 07:21The National Company Law Tribunal (NCLT) has rejected a merger application involving three companies, citing serious concerns about the legality of the proposed amalgamation.
FM Sitharaman: Indirect Tax Rate Review in Next 6 Months
09 August 2024 at 07:19FM Sitharaman announced plans for a comprehensive review of the indirect tax rate structure, set to take place over the next six months.
RBI Keeps Repo Rate Unchanged At 6.5% for 9th time in a Row
08 August 2024 at 16:30On the basis of an assessment of the current and evolving macroeconomic situation, the MPC at its meeting today (August 8, 2024) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
RBI Raises UPI Transaction Limit to Rs 5 Lakh for Tax Payments
08 August 2024 at 12:07The Reserve Bank of India (RBI) has announced a significant proposal to increase the Unified Payments Interface (UPI) limit for tax payments from ₹1 lakh to ₹5 lakh.
FM Nirmala Sitharaman Rejects Calls to Reduce GST on Health Insurance Premiums
08 August 2024 at 09:20The opposition had been demanding that the GST on health and life insurance premiums be scrapped but Union Finance Minister Nirmala Sitharaman has rebuffed such calls.
BCCI Paid Rs 2038 Crore in GST for FY23 and FY24
08 August 2024 at 09:16According to the information given in Parliament on Tuesday, gross GST revenue collection from BCCI during FY 2022-23 and FY 2023-24 was Rs 2,038.55 crore.
Kerala GST Department Implements New Software for Filing Returns and Tax Payments Under Legacy Acts
08 August 2024 at 09:14On August 3, 2024, the Kerala GST Department issued Trade Circular No. 14/2024-Kerala GST, announcing the implementation of new software for filing returns and payment of taxes under legacy acts.
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