CAclubindia News
FM Nirmala Sitharaman Chairs First Pre-Budget Consultation with Leading Economists
21 June 2024 at 08:45On Wednesday, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the first pre-budget consultation in preparation for the General Budget 2024-25.
Govt May Raise Tax Exemption Limit To Rs 5 Lakh Under New Tax Regime
20 June 2024 at 09:03Multiple officials have indicated that the Centre may raise the income threshold for tax exemption in the upcoming budget, expected to be presented in mid-July...
Businessman Denied Pre-Arrest Bail in Rs 13 Crore GST Fraud Case
20 June 2024 at 09:02In a significant development in the ongoing GST fraud investigation, a local court has denied pre-arrest bail to businessman Ritesh Garg.
Budget 2024: Govt Poised to Slash Personal Income Tax Rates
19 June 2024 at 08:49The government is reportedly considering significant reforms to the current income tax structure, specifically targeting lower income levels, to enhance consumption and stimulate economic activity.
Gross Direct Tax collections for FY 2024-25 register a growth of 22.19%
19 June 2024 at 08:47The provisional figures of Direct Tax collections for the Financial Year 2024-25 (as on 17.06.2024) show that Net collections are at Rs. 4,62,664 crore, compared to Rs. 3,82,414 crore
GST Officials Conduct Raids on 18 Resorts and 15 Water Parks Statewide
18 June 2024 at 09:08In a significant crackdown on tax evasion, state GST officials have conducted raids at 18 resorts in the Gir Somanath and Dwarka districts, uncovering suspicious transactions worth Rs 16.29 crore.
Income Tax Department Releases ITR 3 Validation Rules for AY 2024-25
18 June 2024 at 08:58In an effort to enhance data quality and accuracy in tax returns, the Income Tax Department has introduced ITR 3 validation rules for the Assessment Year 2024-25.
Major GST Bogus Billing Racket Worth Rs 1K Crore Busted by CID Crime
18 June 2024 at 08:57In a significant crackdown on financial fraud, CID Crime on Thursday uncovered a major GST bogus billing racket valued at Rs 1,000 crore.
Tamil Nadu Recovers Rs 1524 Crore Under IGST with Tax Research Unit's Efforts
17 June 2024 at 08:57The Commercial Taxes Department of Tamil Nadu has successfully recovered ₹1,523.95 crore under the Integrated Goods and Services Tax (IGST), thanks to the diligent work of its newly established Tax Research Unit.
CBIC mounts campaign against frauds committed in the name of Indian Customs
17 June 2024 at 08:56CBIC urges public to discern the modus operandi of fraudsters, protect their information, verify antecedents of caller and report such acts by staying alert
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