CAclubindia News

RBI asks banks, NBFCs to promote digital payments

07 March 2023 at 07:41

Launched in 2016, UPI has emerged as the most popular and preferred payment mode in India pioneering Person to Person (P2P) as well as Person to Merchant (P2M) transactions in India accounting for 75% of the total digital payments.

Posted in Community & General | 2985 Views

Shri S.S. Dubey takes charge as CGA

07 March 2023 at 07:45

Shri S.S. Dubey took charge as the Controller General of Accounts (CGA) here today. Shri Dubey is the 28th Controller General of Accounts (CGA), Ministry of Finance, Government of India.

Posted in Community & General | 6426 Views

GST Tax Evasion: Action initiated against 17229 persons in 2 years

06 March 2023 at 08:37

With the increasing incidence of fake billing scams and tax evasion, action was initiated against some 17,229 persons in Gujarat

Posted in GST | 5532 Views

GSTN launches e-invoice registration services with private IRP

06 March 2023 at 08:36

In another step towards further digitization of the business process flow, GSTN has launched the e-invoice registration services through multiple private IRPs at the recommendation of the GST Council.

Posted in GST | 7911 Views

CBDT notified Insolvency and Bankruptcy Board of India for exemption u/s 10(46)

04 March 2023 at 08:43

CBDT vide Notification No. 09/2023 dated March 01, 2023 has notified Income Tax exemption to the Insolvency and Bankruptcy Board of India ("the IBB") under section 10(46) of the Income-tax Act, 1961 ("the IT Act")

Posted in Income Tax | 5307 Views

Mastermind in fake GST billing case arrested

03 March 2023 at 08:34

The state GST department in Gujarat Tuesday said it has apprehended Irfan Sabbirhussain Kazi, the mastermind who set up 10 fake companies, made counterfeit bills worth Rs 83 crore and passed on tax reliefs worth Rs 15 crore to beneficiaries.

Posted in GST | 6168 Views

RBI launches 2 surveys to gather useful inputs for monetary policy

02 March 2023 at 14:30

The Reserve Bank of India on Wednesday launched two key surveys, results of which provide "useful inputs" for the central bank's bi-monthly monetary policy.

Posted in Community & General | 2397 Views

CBDT issues corrigendum w.r.t. ITR Forms for AY 2023-24

02 March 2023 at 08:35

CBDT has issued Corrigendum vide Notification No. 8/2023 dated February 28, 2023 to its Notification No. 04/2023 dated February 10, 2023 released to notify the new ITR forms applicable for the AY 2023-24

Posted in Income Tax | 7326 Views

GST collection rise 12% to Rs 1.49 lakh crore in February

02 March 2023 at 08:33

₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year

Posted in GST | 6030 Views

ICAI President CA Aniket S. Talati addresses Professionals and Students as 71st President of the institute

01 March 2023 at 08:44

As I take over the baton of Presidency as 71st President of this great institution with its illustrious legacy upholding the public interest, I am overwhelmed with pride and elation

Posted in Professional Resource | 8367 Views