CAclubindia News


MCA Notifies Companies (Significant Beneficial Owners) Amendment Rules, 2024

   18 July 2024 at 09:19

The Ministry of Corporate Affairs (MCA) has released Notification No. G.S.R. 404 on July 15, 2024, to announce the Companies (Significant Beneficial Owners) Amendment Rules, 2024.

Posted in Corporate Law |   993 Views


MCA Notifies Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024

   18 July 2024 at 09:19

The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 404, dated July 16, 2024, to announce the Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024.

Posted in Corporate Law |   885 Views


ITR Filing Surge to 13 Lakh, Total 2.7 Crore Filed by July 14

   18 July 2024 at 09:18

With the deadline approaching, the daily filing of income tax returns (ITR) has surged to an impressive 13 lakhs, the Income Tax Department reported.

Posted in Income Tax |   2403 Views


Personal Income Tax Emerges as Largest Revenue Source for Govt, Surpassing Corporate Tax and GST

   18 July 2024 at 09:15

In a significant shift in the Indian tax landscape, personal income tax has now become the largest revenue contributor for the Indian government, surpassing both corporate tax and the Goods and Services Tax (GST).

Posted in Income Tax |   891 Views


Son of Vegetable Vendor Shines in CA May 2024 Exams

   17 July 2024 at 11:57

The heartwarming story of how a Dombivli vegetable seller's son achieved his dream of becoming a Chartered Accountant.

Posted in Students  4 comments |   4041 Views


CBIC Issued Clarifications on GST Applicability for Specific Services

   17 July 2024 at 09:08

The Central Board of Indirect Taxes and Customs (CBIC) has recently released Circular No. 228/22/2024-GST dated July 15, 2024, providing essential clarifications regarding the applicability of GST on specific services.

Posted in GST |   4326 Views


GST Filing Compliance: Gujarat Leads at 95%, HP, Tamil Nadu, UP Follow; Arunachal, Manipur Lag Behind

   17 July 2024 at 09:07

More than 90% of registered businesses in states like Gujarat, Rajasthan, Punjab, Uttar Pradesh, and Himachal Pradesh have consistently filed their monthly tax returns, according to official data.

Posted in GST |   2007 Views


Budget 2024: Tax Practitioners Urge Government to Rationalize Personal Income Tax

   17 July 2024 at 09:06

In a significant appeal to the government, the All India Federation of Tax Practitioners (AIFTP) has urged for a reduction in the personal income tax burden on citizens in the forthcoming Union budget

Posted in Union Budget & Policy |   2319 Views


Final Stage of Preparations for Union Budget 2024-25 Commences with Customary Halwa Ceremony

   17 July 2024 at 09:06

The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2024-25, was held in New Delhi

Posted in Union Budget & Policy  1 comments |   354 Views


GSTN Announces Release of Integrated Services from e-invoice-1 and e-invoice-2 Portals

   17 July 2024 at 09:05

GSTN wish to inform that NIC is releasing the integrated services from e-invoice-1 and e-invoice-2 portals on 18th July 2024 on sandbox portals

Posted in GST |   1014 Views



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