CAclubindia News

UltraTech Cement Receives GST Demands and Penalties Exceeding Rs 20 Lakh

20 December 2023 at 14:51

UltraTech Cement Faces GST Challenges: Receives Orders Totaling Rs 18.3 Crore in Demand, Interest and Penalties

Posted in GST | 2700 Views

BCCI denied Tax Exemption under Section 11 of IT Act

20 December 2023 at 09:49

On Monday, the Minister of State for Finance, Pankaj Chaudhary announced that the Income Tax Department has denied tax exemption to the Board of Control for Cricket (BCCI) in India u/s 11 of the Income Tax Act.

Posted in Income Tax | 8442 Views

RBI imposed Rs 40.39 crore worth of Penalties on Banks, NBFCs & Others in FY 2022-23

20 December 2023 at 09:46

Minister of State for Finance Bhagwat Karad disclosed that the RBI has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, NBFCs and others, during the FY 2022-23.

Posted in Community & General | 5010 Views

Government Exceeds Tax Target With Strong Direct Tax, GST

20 December 2023 at 09:45

Government is on track to exceed its total tax collection target for the current financial year, with direct tax and GST collection data suggesting potential it is more than enough

Posted in GST | 1998 Views

Lok Sabha Passes Bill Extending Eligibility for President and Members of GSTAT

20 December 2023 at 09:14

The Lok Sabha passed a bill to raise the age limit of the chairman and members of the GST Appellate Tribunal

Posted in GST | 4701 Views

SC quashes GST department's plea against HC order on ITC

19 December 2023 at 07:15

Supreme Court Dismisses GST Department's Plea, Upholding High Court Ruling on Input Tax Credit

Posted in GST | 14835 Views

GST Return Filers Increase by 65% to 11.3 Million in 5 years: Finance Ministry

19 December 2023 at 07:13

Finance ministry reported a remarkable 65% surge in the number of Goods and Services Tax (GST) return filers over the past five years, reaching a substantial 11.3 million as of April 2023.

Posted in GST | 3984 Views