CAclubindia News


Indian Gaming Industry Braces for Job Cuts as GST Increase Sparks Concerns

   13 July 2023 at 08:52

The Indian gaming industry is facing a major crisis after the GST Council decided to levy a 28% GST on online gaming, casinos, and horse racing.

Posted in GST |   6699 Views


CBDT clarifies taxability of non-resident investor's offshore income via AIF

   13 July 2023 at 08:48

CBDT has recently issued Circular 12/2023, dated 12 July 2023, aiming to provide much-needed clarification on the taxability of income earned by non-resident investors from offshore investments made through an Alternative Investment Fund (AIF).

Posted in Income Tax |   8721 Views


ICAI seeks Public Input on Proposed Amendments to Chartered Accountants Regulations 1988

   13 July 2023 at 08:47

Inviting Public Comments on draft amendments in the Chartered Accountants Regulations, 1988 arising out of Amendment Act 2022

Posted in Professional Resource |   7134 Views


ICAI releases Exposure Drafts of SQM 1, SQM 2, SA 220 (Revised), SA 250 (Revised), SA 315 (Revised), SA 540 (Revised) and SRS 4400 (Revised)

   12 July 2023 at 08:58

Exposure Drafts of SQM 1, SQM 2, SA 220(Revised), SA 250(Revised), SA 315(Revised), SA 540(Revised), SRS 4400(Revised)

Posted in Audit |   8694 Views


Applicability of Standards / Guidance Notes / Legislative Amendments etc. for Nov & Dec 2023 CA Exams

   12 July 2023 at 08:58

ICAI releases Applicability of Standards / Guidance Notes / Legislative Amendments etc. for Nov & Dec 2023 CA Exams

Posted in Students |   19869 Views


ICAI issued Chartered Accountants (Second Amendment) Regulations, 2023

   12 July 2023 at 08:58

The ICAI issued the Chartered Accountants (Second Amendment) Regulations, 2023 on 7 July 2023.

Posted in Students |   25587 Views


50th GST Council Meeting: Key Takeaways

   11 July 2023 at 08:52

The 50th GST Council meeting was held on 11 July 2023 in New Delhi.

Posted in GST |   20787 Views


Income Tax Dept Sets Target of 50 Cases per AO for Survey and Online TDS Verification

   11 July 2023 at 08:47

The Income Tax Department of India has recently announced a new target for its Assessing Officers to conduct surveys and online verification of Tax Deducted at Source (TDS) in 50 cases each

Posted in Income Tax |   19293 Views


Direct Tax Collections Surge by 14.65% in FY 2023-24

   11 July 2023 at 08:46

Provisional figures of Direct Tax collections for FY 2023-24 register steady growth upto 9th July 2023

Posted in Income Tax |   1983 Views


GSTN Now Under PMLA, Enables Data Sharing with ED and FIU

   10 July 2023 at 08:53

The government has brought the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).

Posted in GST |   12966 Views