CAclubindia News


Loan Limit Under PMMY Doubled to Rs 20 Lakh for Small Businesses

   26 October 2024 at 08:45

Loan limit under Pradhan Mantri Mudra Yojana (PMMY) increased to Rs.20 lakh from the current Rs.10 lakh

Posted in Corporate Law  1 comments |   360 Views


CA Foundation & Intermediate September 2024 Results likely to be declared on 30th October 2024

   26 October 2024 at 08:45

The results of the Chartered Accountants Intermediate and Foundation Examinations held in September 2024 are likely to be declared on Wednesday, the 30th October 2024

Posted in Students |   768 Views


Massive GST Raid in Thrissur: 104 kg of Unaccounted Gold Seized by Officials in Kerala

   25 October 2024 at 08:53

In a surprise operation, the State GST (SGST) department conducted one of Kerala's largest-ever raids on gold jewellers in Thrissur, seizing 108kg of gold linked to tax evasion.

Posted in GST |   1302 Views


Number of High-Income Taxpayers in India Rises Fivefold in a Decade

   25 October 2024 at 08:51

The number of Indian taxpayers with taxable incomes exceeding ₹1 crore has surged more than fivefold, reaching nearly 2.3 lakh in the assessment year (AY) 2023-24, compared to just 44,078 in AY 2013-14, according to a report. This significant rise re

Posted in Income Tax |   1380 Views


AMMK General Secretary Urges Central Government to Abolish 18% GST on Cable TV Services

   25 October 2024 at 08:48

AMMK General Secretary TTV Dhinakaran has called for the central government to eliminate the 18% GST on cable TV services, emphasizing the need for more affordable access to television.

Posted in GST |   978 Views


GST Clarity for Film Industry: Producers Guild's Four-Year Efforts Yield Victory

   24 October 2024 at 08:54

In a landmark decision, the Ministry of Finance has issued a clarification regarding the Goods and Services Tax (GST) applicable to film distribution before October 2021, providing significant relief to the Indian film industry.

Posted in GST |   1758 Views


RBI updates the Alert List of unauthorised forex trading platforms

   24 October 2024 at 08:54

The Reserve Bank of India (RBI) has added the following entities/platforms/websites to the Alert List of unauthorised forex trading platforms.

Posted in Others |   291 Views


Leather Company Worker in Ambur Receives Rs 2.3 Crore GST Notice in Fraud Case

   24 October 2024 at 08:54

In a shocking incident highlighting the misuse of personal data for tax fraud, Rani Babu, a 58-year-old housekeeper from Ambur, was stunned to receive a GST notice amounting to Rs 2.39 crore from the Commercial Taxes Department in Tiruchy.

Posted in GST |   678 Views


GST Reduction to Make Insurance More Affordable, Says Finance Department Joint Secretary

   24 October 2024 at 08:54

The Department of Finance’s Joint Secretary has hinted at a potential reduction in Goods and Services Tax (GST) on life and health insurance premiums, making them more affordable for customers, as per a report.

Posted in GST |   1344 Views


ICAI Announces Extension of MEF 2024-25 upto 25th October 2024

   23 October 2024 at 15:13

Professional Development CommitteeThe Institute of Chartered Accountants of India23rd October 2024AnnouncementExtension of MEF 2024-25 upto 25th October 2024 The Institute is in receipt of representations from applicants who could not submit the MEF

Posted in Professional Resource |   255 Views