CAclubindia News

CBDT notifies 331 as Cost Inflation Index for FY 2022-23

15 June 2022 at 10:24

CBDT notifies Cost Inflation Index for FY 2022-23 at 331 vide Notification No. 62/2022-Income Tax dated: 14th June, 2022.

Posted in Income Tax | 17601 Views

RBI asks banks to review finance to Government-owned entities

15 June 2022 at 08:39

Banks are advised to carry out a review and place before their Boards, a comprehensive report on the status of compliance with the instructions within three months from the date of this circular.

Posted in Community & General | 1575 Views

GST Officer from Rajasthan arrested for allegedly taking bribe

15 June 2022 at 08:39

The Rajasthan Anti-Corruption Bureau on Tuesday arrested a Central Goods and Services Tax (CGST) officer in Bharatpur district with bribe money of ₹ 4 lakh

Posted in GST | 1 comments | 5544 Views

RBI's regulation review authority moots periodic review of existing rules

14 June 2022 at 08:45

Periodic review of existing regulations has been suggested for aligning them with evolving developments in the industry practices and financial landscape.

Posted in Community & General | 2214 Views

Amit Mitra urges FM Sitharaman to extend GST compensation from 3 to 5 years

14 June 2022 at 08:45

Former West Bengal Finance Minister Amit Mitra has written a letter to Union Finance Minister Nirmala Sitharaman urging her to continue to provide GST compensation to the States for the next three to five years beyond June 2022.

Posted in GST | 1 comments | 3981 Views

CBIC Chairman: GST council will decide on compensation cess

13 June 2022 at 08:53

The GST council will take a decision on the demand by Goa and other smaller states on continuing with compensation cess, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said.

Posted in GST | 1647 Views

IT Department aims to spread tax literacy among children through games, puzzles and comics

13 June 2022 at 08:53

CBDT has brought out products to introduce concepts related to taxation, often perceived to be complicated, to high school students through board Games, puzzles and comics.

Posted in Income Tax | 3402 Views

CBIC chairman: GST council need to bring petroleum products under the ambit of GST

12 June 2022 at 09:13

CBIC chairman Vivek Johri on Saturday added that there's a need for the GST council to deliberate bringing petroleum products under the ambit of GST.

Posted in GST | 3588 Views

CBDT Chairman: Taxpayers base and ITRs rose for FY 2022

12 June 2022 at 09:13

The number of income tax returns has increased in FY22 over the previous fiscal, Central Board of Direct Taxes Chairman Sangeeta Singh said on Saturday.Talking to PTI, Ms Singh said the number of income tax returns last fiscal was 7.14 crore against

Posted in Income Tax | 4077 Views