CAclubindia News

Impact of GST on leasing of vehicles before 1st July

13 October 2017 at 10:34

Leasing of vehicles purchased and leased prior to 1st July, 2017 would attract GST at a rate equal to 65% of the applicable GST rate (including Compensation Cess). In order to provide relief to old/existing leases of motor vehicles, GST Council in it

Posted in GST | 5244 Views

Direct Tax Collections show a growth of 15.8% upto September 2017

12 October 2017 at 12:04

The provisional figures of Direct Tax collections up to September, 2017 show that net collections are at Rs. 3.86 lakh crore which is 15.8% higher than the net collections for the corresponding period of last year. Net Direct Tax collections represen

Posted in Income Tax | 2451 Views

68th Annual Report and Audited Accounts of ICAI for 2016-17

12 October 2017 at 12:04

ANNOUNCEMENTSub: 68th Annual Report and Audited Accounts of the Institute for the year 2016-17The 68th Annual Report and Audited Accounts of the Institute for the year ended 31st March, 2017 have been published in Part III Section 4 of the Gazette of

Posted in Professional Resource | 4029 Views

Applicable Material for IPC and Final Course - May 2018 Exams Old Scheme

12 October 2017 at 12:04

Applicable Material for Intermediate (IPC) and Final Courses � Old Scheme INTERMEDIATE (IPC) COURSE (Eng) Edition applicable for May, 2018 Intermediate (IPC) Exams Accounting Study Material (M

Posted in Students | 3 comments | 29880 Views

GST rate structure for Petroleum and Oil Sector

11 October 2017 at 16:08

To reduce the cascading of taxes arising on account of non-inclusion of petrol, diesel, ATF, natural gas and crude oil in GST and to incentivise investments in the E&P (exploration and production) sector and downstream sector, the GST Council in

Posted in GST | 1 comments | 8628 Views

ICAI demands CA Certificate be treated at par with Graduate and Post Graduate Degree

10 October 2017 at 17:22

Demands CA-Intermediate as graduation degree and final qualification at par with post-graduation degree New Delhi, 9th October 2017 : The Institute of Chartered Accountants of India (ICAI) has recently written a letter to the Ministry of Corporate Af

Posted in Students | 3 comments | 27855 Views

No further extension of last date for filing GSTR 1 for July, 2017

10 October 2017 at 10:46

The last date for filing GSTR-1 for the month of July, 2017 is 10th October, 2017. An extension of two months has already been given. There will be no further extension given to taxpayers for filing their GSTR-1 return for July. Taxpayers who have no

Posted in GST | 4 comments | 6924 Views

Admit Card for IPC and Final Nov 2017 Exams made available

09 October 2017 at 10:38

AnnouncementIntermediate (IPC) and Final November 2017 Examination Admit CardsAdmit cards in respect of candidates admitted to the Intermediate (IPC) and Final November 2017 examination, with their photographs and signatures on them, are hosted on ht

Posted in Students | 4326 Views

Bank data reveals 5800 companies with 13140 suspicious accounts

07 October 2017 at 10:50

Government of India receives vital information from 13 Banks regarding the bank account operations and post-demonetization transactions of some of the 2,09,032 suspicious companies that had been struck off the Register of Companies earlier this year;

Posted in Others | 3618 Views

Changes in GST Rates for Goods and IGST Rates on Imports of Goods

06 October 2017 at 22:55

As per discussions held in the 22nd GST Council Meeting held under Chairmanship of Union Finance Minister Shri Arun Jaitley on 6th October, 2017, the following changes in GST rates for certain Goods and IGST rates on Imports of specified Goods have b

Posted in GST | 12 comments | 12732 Views