CAclubindia News

RBI imposed Rs 40.39 crore worth of Penalties on Banks, NBFCs & Others in FY 2022-23

20 December 2023 at 09:46

Minister of State for Finance Bhagwat Karad disclosed that the RBI has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, NBFCs and others, during the FY 2022-23.

Posted in Others | 4908 Views

Government Exceeds Tax Target With Strong Direct Tax, GST

20 December 2023 at 09:45

Government is on track to exceed its total tax collection target for the current financial year, with direct tax and GST collection data suggesting potential it is more than enough

Posted in GST | 1941 Views

Lok Sabha Passes Bill Extending Eligibility for President and Members of GSTAT

20 December 2023 at 09:14

The Lok Sabha passed a bill to raise the age limit of the chairman and members of the GST Appellate Tribunal

Posted in GST | 4593 Views

SC quashes GST department's plea against HC order on ITC

19 December 2023 at 07:15

Supreme Court Dismisses GST Department's Plea, Upholding High Court Ruling on Input Tax Credit

Posted in GST | 14334 Views

GST Return Filers Increase by 65% to 11.3 Million in 5 years: Finance Ministry

19 December 2023 at 07:13

Finance ministry reported a remarkable 65% surge in the number of Goods and Services Tax (GST) return filers over the past five years, reaching a substantial 11.3 million as of April 2023.

Posted in GST | 3918 Views

UPI Transactions Soar to Rs 139 Lakh Crore in FY 2022-23 with Impressive 168% CAGR Growth

19 December 2023 at 07:10

UPI transactions grew from ₹ 1 lakh crore in FY 2017-18 to ₹ 139 lakh crore in FY 2022-23 in value, at a CAGR of 168%

Posted in Others | 2004 Views

Gross Direct Tax collections for FY 2023-24 register a growth of 17.01%

19 December 2023 at 07:09

Net Direct Tax collections for FY 2023-24 grow at over 20.66%

Posted in Income Tax | 2229 Views

ICAI | Exposure Draft Unveils Consequential Provisions for Annual CPE Hour Non-compliance from 2024 Onwards

19 December 2023 at 07:08

Exposure Draft on proposed Consequential provisions for non-compliance with CPE hours requirement on yearly basis from calendar year 2024 onwards

Posted in Professional Resource | 3033 Views

Karnataka HC Orders ICAI to Grant Membership to CA Who Pursued Multiple Courses

18 December 2023 at 13:26

Karnataka High Court has directed the Institute of Chartered Accountants of India (ICAI) to grant membership to Nikkitha KJ, a 23-year-old practising Chartered Accountant from the city.

Posted in Students | 23829 Views