CAclubindia News

Last date for passing GST Practitioners exam extended to 31 Dec 2019

11 January 2019 at 10:56

The GST Council in its 32nd Meeting held today under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Shri Arun Jaitley in New Delhi gave approval for the following: i. Changes made by CGST (Amendment) Act,2018, IGST (Amen

Posted in GST | 19 comments | 13950 Views

Major decisions taken during 32nd Meeting of the GST Council

10 January 2019 at 22:14

The GST Council in its 32nd Meeting held today under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Shri Arun Jaitley in New Delhi took the following major decisions to give relief to MSME (including Small Traders) among o

Posted in GST | 8148 Views

Key changes announced in 32nd GST council meeting today

10 January 2019 at 16:15

The 32nd GST Council Meeting was held today at New Delhi. The FM has announced some favorable reforms for the businesses. Here are the key updates from the 32nd GST Council Meeting The GST registration threshold limit doubled. Increased to Rs.40 lak

Posted in GST | 19 comments | 21021 Views

Detection of Rs 15278 crore of GST evasion

10 January 2019 at 11:28

Investigation in 3626 cases of GST evasion/violations has been initiated in the present financial year by CGST (Central GST) formations (up to December, 2018).On the basis of investigation conducted so far it emerges that the amount of tax involved i

Posted in GST | 10824 Views

Cut off date for May 2019 new course exam is 1st Feb 2019

10 January 2019 at 11:28

AnnouncementCut-off date for conversion from earlier scheme to Revised Scheme of Education and Training Eligibility to appear in May, 2019 examinationsSubject: Cut-off date for converting from earlier scheme to Revised Scheme of Education and Trainin

Posted in Students | 1 comments | 6309 Views

Direct tax collection grows to 8.74 lac crore in 2018-19

07 January 2019 at 16:48

In the recent press release issued by the Government, they have stated a whopping increase of 14.1% in the direct tax collection in the FY 2018-19, where the total collection amounted to Rs. 8.74 lakh crores!A net of 1.30 lakh crores of refunds were

Posted in Income Tax | 3309 Views

Now pay extra for the pretty Sedan costing over 10 lakhs

05 January 2019 at 12:32

One of the recent amendments announced by the GST is the extra GST that you will now have to pay on the Tax Collected at Source by the automobile dealer.The government has said that the GST will be charged not just on the invoice value but also the T

Posted in GST | 4 comments | 3837 Views

Gist of the decisions of GST council meetings in 2018

05 January 2019 at 12:14

The GST Council has met 31 times so far. Till the 30th GST Council Meeting, a total of 918 decisions have been taken and 294 notifications have been issued by the Central Government. In the 31st GST Council Meeting held on 22nd December, 2018, a tot

Posted in GST | 10245 Views

ICAI receives response from HRD ministry on Revaluation of exam in universities

04 January 2019 at 11:16

AnnouncementIn pursuance to the letter sent to Ministry of Human Resource Development (MHRD) regarding Study of Examination Answer Books Re-valuation System in Central Universities, communication has been received from MHRD (copy enclosed) wherein li

Posted in Exams | 1 comments | 8268 Views

Circular issued on TDS deduction from salaries in FY 2018-19

03 January 2019 at 11:09

DEDUCTION OF TAX AT SOURCE INCOME-TAX DEDUCTION FROM SALARIESUNDER SECTION 192 OF THE INCOME-TAX ACT, 1961DURING THE FINANCIAL YEAR 2018-19CIRCULAR NO 01 /2019F.No. 275/192/2018-IT(B)Government of IndiaMinistry of FinanceDepartment of RevenueCentral

Posted in Income Tax | 2 comments | 20811 Views