CAclubindia News

ICAI invites suggestions on Comprehensive Review of the IT Act 1961 and Pre-budget Memorandum 2025

30 September 2024 at 17:24

The Hon'ble Finance Minister, while presenting the Union Budget 2024-25, announced that a comprehensive review of the Income-tax Act, 1961 for simplification of the language of the Act

Posted in Income Tax | 1152 Views

ICAI Extends Membership/COP Fee Payment Deadline for the year 2024-25 to 31st December

30 September 2024 at 17:23

Extension of last date for payment of Membership /COP fee for the year 2024-25 to 31st December, 2024.

Posted in Professional Resource | 2784 Views

Government Seeks Industry Suggestions for Simplifying IT Act Starting October

30 September 2024 at 15:26

The Indian government recently announced that, in an attempt to reform direct taxation policy, it will soon seek public suggestions for modifications of the Income Tax Act, 1961 from the private sector and tax professionals.

Posted in Income Tax | 312 Views

ICICI Prudential Life Insurance Receives Rs 361.23 Crore Income Tax Order for AY 2022-23

30 September 2024 at 09:14

ICICI Prudential Life Insurance Company Ltd announced on Friday, September 27, 2024, that it has received an income tax order totaling ₹361.23 crore for the assessment year 2022-23.

Posted in Income Tax | 636 Views

HDFC Life Faces Income Tax Demand of Rs 296.76 Crore from Authorities

30 September 2024 at 09:13

HDFC Life Insurance Company has reported receiving an income tax demand totaling ₹296.76 crore from the Assistant Commissioner of Income Tax, Central Circle 6(2), Mumbai, on September 25, 2024.

Posted in Income Tax | 927 Views

SpiceJet Clears GST Dues Just Days After Raising Rs 3,000 Crore Through QIP

30 September 2024 at 09:12

Budget airline SpiceJet has taken a crucial financial step by settling all its Goods and Services Tax (GST) dues on Friday, just one day after resolving all outstanding salary arrears for its employees.

Posted in GST | 1362 Views

CBIC to Deploy Technology Solutions to Resolve GST Data Mismatches and Disputes

30 September 2024 at 09:11

In a significant move to address the growing issue of data discrepancies in tax return filings, the CBIC is set to introduce advanced technological solutions to resolve mismatches and reduce related disputes.

Posted in GST | 3156 Views

Income Tax Department Announces Special Drive to Address Taxpayers' Grievances in October

30 September 2024 at 09:11

The Income Tax Department in Srinagar has announced a special drive to address taxpayer grievances in Jammu & Kashmir, scheduled for the first week of October 2024.

Posted in Income Tax | 1827 Views

Advisory Issued for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration in Odisha

30 September 2024 at 09:10

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Odisha

Posted in GST | 315 Views

GSTN Restores Archived July and August 2017 GST Returns Data

30 September 2024 at 09:09

In view of the requests received from the trade due to the difficulties faced, data has been restored back on the portal.

Posted in GST | 1455 Views