CAclubindia News

Kerala Budget 2022 announces mobile app for uploading GST invoices

12 March 2022 at 10:11

Kerala Finance Minister KN Balagopal, during Budget, has announced the launch of a mobile application 'Lucky Bill Scheme' for uploading GST invoices.

Posted in GST | 3699 Views

IT Department enabled facility to file various IT forms on the e-filing portal

12 March 2022 at 08:41

The Income Tax Department issued an update regarding the facility to file IT forms 10AB, 10IG, 10IH and 5C after login under e-file -> Income Tax Forms -> File Income Tax Forms.

Posted in Income Tax | 5670 Views

RBI directs Paytm Payments Bank to stop onboarding of new customers

12 March 2022 at 08:41

Reserve Bank of India has today, in exercise of its powers, inter alia, under section 35A of the Banking Regulation Act, 1949, directed Paytm Payments Bank Ltd to stop, with immediate effect, onboarding of new customers.

Posted in Community & General | 4491 Views

Ministry of Finance releases Rs. 2221.2 crore grant-in-aid to rural local bodies

12 March 2022 at 08:41

The Department of Expenditure, Ministry of Finance on Friday released an amount of Rs. 2,221.2 crore to Bihar, Karnataka and West Bengal for providing grants to the Rural Local Bodies

Posted in Community & General | 960 Views

CGST officials bust a syndicate of 7 firms in GST evasion of more than Rs 85 crore

12 March 2022 at 08:41

It was evident that Shri Rakesh Kumar Jain was using multiple firms to avail and pass on fake ITC on bogus invoices and E-Way Bills without actual supply of goods. The quantum of GST evaded by him is more than Rs. 85 crore.

Posted in GST | 4152 Views

CGST unearths a racket of GST fraud and fake ITC of approx. 99 crores

11 March 2022 at 08:42

CGST Ghaziabad arrested 1 person in follow up of an earlier case which involved GST fraud of Rs. 630 crs. in value and fake ITC of approx 100 crs. by creating 50 bogus firms, using multiple PAN, mobile numbers and bank accounts.

Posted in GST | 4581 Views

MSME Innovative Scheme launched to promote and support untapped creativity of MSME sector

11 March 2022 at 08:42

Shri Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR) & MSME IDEA HACKATHON 2022 under MSME Champions Scheme

Posted in Corporate Law | 2397 Views

GSTN announces Enhanced Registration application User Interface (UI)

11 March 2022 at 08:42

User Interface (UI) with respect to the address fields in the Registration Application GST REG-01 has been enhanced

Posted in GST | 7176 Views

CBDT issues refunds to more than 2.14 crore taxpayers from 1st April 2021 to 7th March 2022

10 March 2022 at 15:54

CBDT issues refunds of over Rs. 1,86,677 crore to more than 2.14 crore taxpayers from 1st April 2021 to 07th March 2022.

Posted in Income Tax | 1287 Views

Venture capitalists play pivotal role in Startup ecosystem, economic growth - Shri Piyush Goyal

10 March 2022 at 08:34

Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal today said the Venture capitalists have played a pivotal role in India’s Startup story and in economic growth of the country.

Posted in Community & General | 1440 Views