CAclubindia News

CBIC Notifies GST Exemption for Exports at Concessional Rate of 0.1%

18 January 2025 at 07:54

In a significant move to boost exports, the Central Government has issued Notification G.S.R. 62(E) under the Central Goods and Services Tax Act, 2017, Goods and Services Tax (Compensation to States) Act, 2017,

Posted in GST | 1230 Views

CBIC Revises GST Rates for Key Supplies Under Public Interest Mandate

18 January 2025 at 07:54

In a major move aimed at aligning tax rates with public welfare initiatives, the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 04/2025-Central Tax (Rate) on January 16, 2025.

Posted in GST | 681 Views

CBIC Issues Notification No. 06/2025: Key GST Rate Amendments for 2025

18 January 2025 at 07:54

IntroductionThe Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 06/2025 on January 16, 2025, introducing significant amendments to GST rates and provisions.

Posted in GST | 5157 Views

CBIC Notifies Amendments to GST Rate Framework

18 January 2025 at 07:54

IntroductionIn a significant move to enhance clarity in GST compliance, the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 07/2025 – Central Tax (Rate) on January 16, 2025.

Posted in GST | 4254 Views

Budget 2025: Tax Relief for Salaried Class and MSMEs Expected to Boost Economy

18 January 2025 at 07:54

As the Union Budget 2025-26 approaches, tax experts and stakeholders are urging the government to address key concerns of the salaried class and Micro, Small, and Medium Enterprises (MSMEs) to drive consumption, investment, and economic growth.

Posted in Union Budget | 1905 Views

ICAI Convocation February 2025: Schedule and Key Details Announced

18 January 2025 at 07:53

The Institute of Chartered Accountants of India (ICAI) has announced the schedule for its Convocation in February 2025.

Posted in Students | 13056 Views

Union Budget 2025: Insurance Industry Seeks Reforms, Tax Incentives and Capital Infusion for Growth

17 January 2025 at 09:01

The insurance sector is eagerly anticipating the Union Budget 2025, with expectations of significant amendments to the Insurance Act and key tax exemptions aimed at boosting health and protection insurance adoption.

Posted in Union Budget | 1536 Views

CREDAI Seeks 15% Income Tax for Affordable Housing in Budget 2025

17 January 2025 at 08:55

The Confederation of Real Estate Developers' Associations of India (CREDAI), representing over 13,000 developers, has urged the government to introduce a fixed 15% income tax rate for affordable housing projects in the upcoming Union Budget 2025.

Posted in Union Budget | 471 Views

RBI Announces Daily Variable Rate Repo (VRR) Auctions to Manage Liquidity

16 January 2025 at 08:54

In a significant move to manage liquidity in the banking system, the Reserve Bank of India (RBI) has decided to conduct Variable Rate Repo (VRR) auctions on all working days in Mumbai.

Posted in Others | 492 Views

ICAI to host World Forum of Accountants 2025 in New Delhi

16 January 2025 at 08:51

More than 8000 Delegates from over 40+ Countries congregate at the Biggest Accounting Festival in India3 Day Event, over 150+ globally renowned speakers will deliberate on 40 + insightful sessions The Institute of Chartered Accountants of India (ICAI

Posted in Professional Resource | 1386 Views