CAclubindia News
ICAI releases Exposure Draft of Lack of Exchangeability - Amendments to Ind AS 21
02 November 2023 at 08:50Exposure Draft of Lack of Exchangeability - Amendments to Ind AS 21
GST Collection Soars to Rs 1.72 Lakh Crore in October 2023, Second Highest on Record
01 November 2023 at 17:19GST revenue collection for October 2023 is second highest ever, next only to April 2023, at ₹1.72 lakh crore; records increase of 13% Y-o-Y
Colgate Palmolive Faces Rs 170 Crore Transfer Pricing Order in Tax Dispute
01 November 2023 at 14:28Colgate Palmolive (India) Faces Rs 170 Crore Transfer Pricing Order from Income Tax Authorities for International Transactions
CA Firms Classified as Professional, Ineligible for ESI Benefits: Gujarat HC
01 November 2023 at 09:00The Gujarat High Court has made a significant ruling, categorizing CA firms as professional establishments rather than commercial entities, leading to the ineligibility of their employees for the ESI benefit scheme.
Income Tax Department Launches Extensive Profiling of HNIs to Combat Tax Evasion
01 November 2023 at 08:58In a bid to curb tax evasion, the Income Tax Department is set to take strict action against high-net-worth individuals (HNIs) who underreport their incomes, despite recent tax rate reductions.
CBIC Issues Clarifications on GST for Specific Services
01 November 2023 at 08:58The Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 206/18/2023-GST on October 31, 2023, providing clarifications on the applicability of GST to certain services.
ICAI Partners with Educational Institutions to Foster Global Financial Professionals
01 November 2023 at 08:57Let's have a look at some of the developments in the profession since our last communication
Bombay High Court Issues Stern Warning to IT Assessing Officers for Delayed Assessment Orders
31 October 2023 at 08:49In a recent development, the Bombay High Court has expressed strong disapproval of the functioning of income tax (IT) assessing officers and their handling of delayed assessment orders.
MCA notifies Companies (Management and Administration) Second Amendment Rules, 2023
31 October 2023 at 08:48The MCA notified the Companies (Management and Administration) Second Amendment Rules, 2023 on October 27, 2023. These rules are aimed at increasing transparency and accountability in companies, and to improve the corporate governance framework.
MCA Unveils Significant Revisions with Companies (Prospectus and Allotment of Securities) Amendment Rules, 2023
31 October 2023 at 08:47MCA notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 on October 27, 2023. These rules are aimed at increasing transparency and efficiency in the securities market, and to reduce the risk of fraud.
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