CAclubindia News


RBI receives Rs 2.72 Lakh Crore in Rs 2000 notes since 19th May

   04 July 2023 at 15:40

The Reserve Bank of India (RBI) has received ₹2.72 lakh crore in ₹2000 notes since May 19, 2023. This is about 76% of the ₹2,000 banknotes that were in circulation as on May 19.

Posted in Others |   5598 Views


GST Authorities turn their focus on Credit Card and E-tail Partnerships

   04 July 2023 at 08:47

In a move aimed at enhancing tax compliance and revenue generation, the Goods and Services Tax (GST) authorities are closely scrutinizing credit card and e-tail (electronic retail) partnerships.

Posted in GST |   5895 Views


FM hails 'Exemplar' GST regime for lightening tax burden on people

   04 July 2023 at 08:46

Finance Minister Nirmala Sitharaman has said that the Goods and Services Tax (GST) regime has reduced the tax burden on people and created an efficient federal institution with high revenue buoyancy for states.

Posted in GST |   2532 Views


Centre to introduce new rules for GST Appellate Tribunals

   04 July 2023 at 08:44

The Centre is expected to soon notify rules for setting up GST appellate tribunals. This was announced by a senior CBIC official on Monday, July 3, 2023.

Posted in GST |   6627 Views


CBIC to implement Biometric Authentication and Geo-Tagging to curb GST Fraud

   03 July 2023 at 15:59

The Central Board of Indirect Taxes and Customs (CBIC) has identified over 12,000 fake entities in GST registration. These entities were used to claim fake Input Tax Credit (ITC) and defraud the exchequer.

Posted in GST |   8460 Views


CA Final & Intermediate May 2023 Results likely to be declared on 5th July 2023

   03 July 2023 at 12:50

The results of the Chartered Accountants Final and Intermediate Examination held in May 2023 are likely to be declared on Wednesday, the 05th July, 2023

Posted in Students |   14037 Views


ICAI releases Study Material for New Scheme of Education and Training

   03 July 2023 at 12:47

The Institute of Chartered Accountants of India (ICAI) has released the study material for the new scheme of education and training.

Posted in Students |   74730 Views


ICAI releases FAQs on New Scheme of Education and Training

   03 July 2023 at 09:03

FAQs on New Scheme of Education and Training

Posted in Students |   31548 Views


GSTN launches Real-Time Refund Application Tracking for Taxpayers

   03 July 2023 at 09:01

GSTN enabled online facility for the Taxpayers to track status of refund application in real time

Posted in GST |   6378 Views


GSTN Enabled Appeal Application Withdrawal for Taxpayers to Rectify Errors

   03 July 2023 at 09:00

GSTN enabled the new facility to withdraw the appeal application introduced for Taxpayers, in case there are errors in the appeal application.

Posted in GST |   5697 Views