CAclubindia News

CBDT Exempts Credit Guarantee Fund Trust for Micro and Small Enterprises from TDS

20 December 2024 at 09:03

In a significant move to bolster micro and small enterprises (MSEs), the Central Board of Direct Taxes (CBDT) has issued Notification No. 128/2024, dated December 18, 2024.

Posted in Income Tax | 1581 Views

CAG Flags Revenue Loss of Rs 18,509.8 Crore Due to Tax Errors and Evasion

20 December 2024 at 09:02

The Comptroller and Auditor General (CAG) of India, in its latest report tabled in Parliament, highlighted widespread lapses in income tax assessments and GST compliance, causing a potential revenue loss of Rs 18,509.8 crore.

Posted in GST | 1983 Views

CBIC Chairman launches new initiatives to enhance taxpayer services

19 December 2024 at 09:00

CBIC Chairman Shri Sanjay Kumar Agarwal, in presence of Members of the Board, launches new initiatives to enhance taxpayer services

Posted in GST | 1137 Views

FM Nirmala Sitharaman Calls Q2 GDP Slowdown a "Temporary Blip"

19 December 2024 at 08:58

Finance Minister Nirmala Sitharaman addressed concerns in the Lok Sabha over the recent slowdown in India's GDP growth during the second quarter of FY 2025, assuring that the dip is a "temporary blip"

Posted in Others | 483 Views

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 | 2022 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 | 2229 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 | 645 Views

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