CAclubindia News

GST Appellate Tribunal to Expand with 50 New Benches: Revenue Secretary

08 February 2024 at 09:22

As India continues on its growth trajectory, the spotlight shines on the efficacy of its tax policies, particularly the Goods and Services Tax (GST).

Posted in GST | 1956 Views

Pass Percentage of CA Foundation Dec 2023 Exams

07 February 2024 at 19:59

ICAI has declared the CA Foundation results for the exams held in Dec 2023

Posted in Students | 7239 Views

ICAI | Dec 2023 CA Foundation Results Declared

07 February 2024 at 18:54

The Institute of Chartered Accountants of India has declared the results for the Dec 2023 CA Foundation Exams.

Posted in Students | 2733 Views

Govt Plans to Remove GST Invoice Edit Option To Revise Output Liability

07 February 2024 at 09:04

The government is contemplating eliminating the flexibility for buyers and sellers to revise their output liability by locking invoices and removing the edit option in the next financial year, as revealed by Revenue Secretary Sanjay Malhotra.

Posted in GST | 13251 Views

GST Officials Detects 14,597 Tax Evasion Cases from April to December

07 February 2024 at 09:03

In a recent disclosure to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed the proactive measures undertaken by GST officers to curb tax evasion.

Posted in GST | 4773 Views

Government Initiatives Boost MSME Sector Towards 'Viksit Bharat' Goal

07 February 2024 at 09:02

Towards achieving the 'Viksit Bharat' objective, the Ministry of Micro, Small and Medium Enterprises implements various schemes for the benefit of MSME sector across the country

Posted in Corporate Law | 2307 Views

Paytm Under ED Scrutiny for Betting and Money Laundering Allegations

07 February 2024 at 09:01

The Directorate of Enforcement (ED) has initiated a comprehensive investigation into Paytm dating back to 2021, revealing potential ties to money laundering and illicit betting activities, according to credible sources.

Posted in Income Tax | 4386 Views

GST Notices Surge Prompts Push for Risk-Based State Assessments

07 February 2024 at 09:00

India's corporate sector is currently grappling with a flood of show-cause notices regarding Goods and Services Tax (GST) payments, prompting a call for increased scrutiny and a shift towards risk-based assessments by state authorities.

Posted in GST | 2469 Views

Govt Accumulates Over Rs 600 Crore in Penalties for Delayed PAN-Aadhaar Linking

06 February 2024 at 15:15

In a recent disclosure to the Parliament, Minister of State for Finance Pankaj Chaudhary unveiled staggering figures regarding the ongoing issue of linking Permanent Account Numbers (PAN) with Aadhaar

Posted in Income Tax | 2817 Views

Revenue Secretary Vows to Curb GST Flexibility Abuse by Buyers and Sellers

06 February 2024 at 07:53

In a recent interview, Revenue Secretary Sanjay Malhotra unveiled the government's proactive stance towards curbing Goods and Services Tax (GST) evasion, emphasizing measures to prevent abuse of corrective flexibility granted to businesses.

Posted in GST | 2217 Views