CAclubindia News
State Government Employees Protest Against Flawed Tax Deduction System for Opting Old Regime
31 May 2024 at 09:06In a significant demonstration of discontent, over 50 employees of the Tamil Nadu Arasu Uzhiyargal Sangam gathered outside the Department of Treasuries and Accounts office in Saidapet on Wednesday.
GST Scam Worth Rs 1000 Crore Exposed: Two Individuals Arrested
31 May 2024 at 09:03In a major crackdown on GST fraud, two individuals, Umang Darji and Ravi Soni, have been arrested for orchestrating a large-scale fraudulent operation involving fake rubber stamps and bogus GST input tax credits.
FM Sitharaman: Section 43B may be reverted if MSMEs Accept Delayed Payments Over 45 Days
30 May 2024 at 08:46In a significant development for Micro, Small, and Medium Enterprises (MSMEs), Finance Minister Nirmala Sitharaman announced on Tuesday that the government is open to repealing the recent changes to Section 43B of the Income Tax Act.
CBDT Exempts RBI from Higher TDS/TCS Rates for Non-Filing of Income Tax Returns
29 May 2024 at 09:19CBDT has released two significant notifications on May 27, 2024, introducing higher rates of Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) for individuals and entities failing to furnish their Income Tax Returns (ITR).
MCA Tightens Scrutiny on Beneficial Ownership Norms for Foreign-Owned Companies
29 May 2024 at 09:17The Ministry of Corporate Affairs (MCA) has intensified its examination of beneficial ownership standards for companies controlled by foreign investors, leading to significant compliance implications, according to legal experts.
RBI Launches PRAVAAH, Retail Direct Mobile Application and FinTech Repository
29 May 2024 at 09:15Shri Shaktikanta Das, Governor, Reserve Bank of India launched three major initiatives of the Reserve Bank of India, namely the PRAVAAH portal, the Retail Direct Mobile App and a FinTech Repository
GSTN: E-Way Bill 2 Portal to be released by NIC on 1st June 2024
29 May 2024 at 09:15GSTN is pleased to inform that NIC is releasing the E-Way Bill 2 Portal (https://ewaybill2.gst.gov.in) on 1st June 2024.
GST Scam: Noida Police Arrest Haryana Man, Total Arrests Reaches 45
28 May 2024 at 09:01The Noida Police have made a significant breakthrough in the ongoing probe into the multi-crore GST scam by arresting a 45-year-old man from Haryana.
CBDT Issues Guidelines for Selection of Cases for Tax Scrutiny in FY 2024-25: Key Highlights
27 May 2024 at 08:59The Central Board of Direct Taxes (CBDT) has recently issued a notification detailing the process for the scrutiny of income tax returns (ITRs) for the financial year 2024-25.
Tamil Nadu GST Department Issues SOP for Newly Registered Taxpayers
25 May 2024 at 09:03The Tamil Nadu GST Department has released Circular No. 4/2024 (PP2/GST-15/29/2024), dated May 20, 2024, detailing the Standard Operating Procedure (SOP) for newly registered taxpayers.
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