CAclubindia News

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 | 3858 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 | 10260 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 | 8274 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 | 20820 Views

Year end review by Ministry of Finance for 2018

02 January 2019 at 17:38

The Indian Government has made significant strides in the last 4 years in taking India to new heights in terms of the welfare of the citizenry, the overall structure& growth of the economy, and creating a strong presence as an emerging global power.

Posted in Professional Resource | 3804 Views

CBIC issues multiple notification for implementing changes made in 31st GST council meeting

02 January 2019 at 12:04

CBIC has notified the rate changes of various goods and services that were recommended by GST council in its 31st Meeting. These changes are applicable with effect from 1st January 2019.CGST Rate changes are given below for kind reference : 1

Posted in GST | 2 comments | 16806 Views

IBBI publishes Revised Syllabus and other details of Valuation Examinations

02 January 2019 at 11:35

The Central Government notified the commencement of Section 247 (relating to valuers) of the Companies Act, 2013 with effect from 18thOctober, 2017. It also notified the Companies (Registered Valuers and Valuation) Rules, 2017 on 18thOctober, 2017.Th

Posted in Students | 3237 Views

ICAI President message on the New Year

02 January 2019 at 11:35

My Dear Professional Colleagues,Happy New Year to all of you! May happiness, peace and prosperity never abandon you and your loved ones! May the New Year bring loads of cheers and keep you free from all worries and fears! May your lives be filled wit

Posted in Professional Resource | 2871 Views

GST revenue drop to 94726 crore in Dec 2018

02 January 2019 at 11:35

Rs. 94,726 crore of total gross GST revenue collected in the month of December

Posted in GST | 2040 Views

Govt issues notification to waive late fees on GST

01 January 2019 at 23:29

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 75/2018 – Central TaxNew Delhi

Posted in GST | 7 comments | 9057 Views