CAclubindia News

CA Day 2024: ICAI Marks 75 Years of Unwavering Commitment to Excellence

02 July 2024 at 09:04

United in trust and driven by excellence, ICAI empowers the future financial architects and leaders for a prosperous 'Viksit Bharat,' forging a financially robust and progressive nation.

Posted in Professional Resource | 4335 Views

GST Implementation Leads to 134% Increase in New Taxpayers Over 7 Years

01 July 2024 at 09:01

Since the introduction of the Goods and Services Tax (GST) seven years ago, there has been a remarkable 134% increase in the number of new taxpayer

Posted in GST | 2868 Views

MCA to Launch Third Set of Company Forms on 15th July 2024

01 July 2024 at 09:01

The Ministry of Corporate Affairs (MCA) is set to launch the third set of company forms on July 15, 2024, at 12:00 AM.

Posted in Corporate Law | 1821 Views

HDFC Life Insurance Receives Rs 1495.17 Crore Tax Demand from IT Department

01 July 2024 at 09:00

In a recent development, HDFC Life Insurance announced on Friday that it has received a tax demand of Rs 1,495.17 crore from the Income Tax department for the assessment year 2021-22.

Posted in Income Tax | 2586 Views

Ravi Agrawal Appointed as New Chairman of CBDT

01 July 2024 at 08:57

In a significant administrative move, Ravi Agrawal, a 1988-batch Indian Revenue Service (IRS) officer, has been appointed as the new chairman of the Central Board of Direct Taxes (CBDT), the top policy-making body for the Income Tax Department.

Posted in Income Tax | 2622 Views

ICAI Welcomes Observations of the Candidates on the Question Papers of CA Foundation June 2024 Exams

01 July 2024 at 08:55

Observations of the candidates on the question papers of CA Foundation examinations - June - 2024

Posted in Students | 459 Views

Man Arrested in Rs 10,000 Crore GST Fraud Case for Creating Bogus Firms

29 June 2024 at 09:00

Authorities have apprehended a 31-year-old man, Babar Khan, accused of orchestrating a massive Goods and Services Tax (GST) fraud worth Rs 10,000 crore.

Posted in GST | 1908 Views

CBIC to Launch Automated Currency Exchange Rates System on 4th July

29 June 2024 at 09:00

The Central Board of Indirect Taxes and Customs (CBIC) announced the launch of the automated system for publishing currency exchange rates, set to go live on July 4.

Posted in GST | 3612 Views

CBDT Issues New Order Under Direct Tax Vivad se Vishwas Act for Tax Dispute Resolution

29 June 2024 at 08:57

The Central Board of Direct Taxes (CBDT) has issued a new order under the Direct Tax Vivad se Vishwas Act, 2020 (DTVsV Act).

Posted in Income Tax | 5466 Views

CBDT Mandates Electronic Filing of Appendix-II Forms under Income Tax Rules 1962

29 June 2024 at 08:56

The Central Board of Direct Taxes (CBDT) has issued a new notification that mandates the electronic submission of certain forms under the Income Tax Rules, 1962. This move aims to streamline the filing process and enhance compliance.

Posted in Income Tax | 4947 Views