CAclubindia News

55th GST Council Meeting: Possible GST Relief on Food Delivery Charges

19 December 2024 at 08:52

The 55th GST Council meeting, scheduled to take place on December 21 in Jaisalmer, Rajasthan, could bring significant relief to consumers ordering food via e-commerce platforms.

Posted in GST | 2019 Views

ICAI Foundation Course Registration: Last Date to Apply for May 2025 Exam is 1st January 2025

19 December 2024 at 08:49

The last date to register for the Foundation Course, for eligibility to appear in the May 2025 Foundation Examination, is January 1, 2025.

Posted in Students | 1833 Views

GSTN Issues Advisory for Entry of RR No./eT-RRs in EWB system Post EWB-FOIS Integration

19 December 2024 at 08:48

Guidance for Accurate Entry of RR No./eT-RRs following the Integration of E-Way Bill (EWB) with Freight Operation Information System (FOIS) system of Indian Railways.

Posted in GST | 2226 Views

Record-Breaking Tax Collections: Direct Tax Revenue Up 20%, Advance Tax Surges 21%

19 December 2024 at 08:48

India's direct tax collections for the financial year 2024-25, as of December 17, 2024, have demonstrated robust growth, with gross collections reaching ₹19.22 lakh crore - a remarkable 20.32% increase compared to the same period in FY 2023-24

Posted in Income Tax | 1404 Views

MCA Registers Over 1.12 Lakh Companies in FY 2024-25

18 December 2024 at 09:17

1,12,962 Companies registered during the current FY 2024-25

Posted in Corporate Law | 642 Views

Vivad Se Vishwas Scheme 2024: New FAQs Released on Eligibility and Tax Payment Rules

18 December 2024 at 09:17

The Central Board of Direct Taxes (CBDT) has released Guidance Note 2/2024 via Circular No. 19 of 2024, dated December 16, 2024.

Posted in Income Tax | 2994 Views

Kerala Govt Notifies GST Payment Timeline and Rates Under Finance Act, 2024

18 December 2024 at 09:15

The Kerala government has issued a notification under the Kerala Finance Act, 2024, specifying rates and timelines for settling tax arrears and disputes.

Posted in GST | 543 Views

Income Tax Department Conducts Searches at Insecticides India Ltd Premises

18 December 2024 at 09:14

Insecticides India Ltd (IIL) disclosed on Monday, December 16, that the Income Tax Department is conducting searches at its registered office and other company locations.

Posted in Income Tax | 516 Views

GST Exemption Clarification for Payment Gateways and Aggregators Expected Soon

18 December 2024 at 09:14

The GST Fitment Committee has clarified the scope of tax exemptions for fintech service providers under entry 34 of Notification No. 12/2017-Central Tax (Rate).

Posted in GST | 690 Views

Income Tax Department Recovers Rs 37,000 Crore from Non-Filers Through Data Analytics

18 December 2024 at 09:12

The Income Tax Department has intensified its crackdown on tax evasion, recovering ₹37,000 crore over the past 20 months from individuals who failed to file income tax returns despite having taxable income.

Posted in Income Tax | 9126 Views