CAclubindia News
RBI includes International Credit Card usage in LRS, mandates 20% TCS w.e.f 1st July 2023
19 May 2023 at 08:38Spending in foreign exchange through international credit cards will be covered under the RBI's LRS, under which a resident can remit money abroad up to a maximum of $2.50 lakh per annum without the authorisation of the Reserve Bank
GSTN introduces convenient IRN retrieval via document numbers
19 May 2023 at 08:37The Goods and Services Tax Network ("GSTN") has enabled the functionality to find the Invoice Reference Number ("IRN") through the Document Number
Legal Powerhouses from Gaming Industry Seek Prime Minister's Support
19 May 2023 at 08:36Several top law firms representing the gaming industry, have written to the Prime Minister's Office (PMO) urging the GST Council to maintain the current taxation regime for the online gaming industry.
Special Drive Launched to Combat Tax Evasion through Fake GST Registrations
18 May 2023 at 08:37With GST evasion crossing over Rs 1 lakh crore in 2022-23, Centre and state tax officers have initiated a two-month-long special drive to identify fake GST registration and nab offenders.
GST Probe Expands: 10 Additional Insurers to Receive Notices Soon
18 May 2023 at 08:36The goods and services tax department has widened the probe against insurance companies for alleged wrongful availment of input tax credit.
GST Registration Advisory on New Functionality to view Aadhaar Authentication Status
17 May 2023 at 08:47New functionality to view Aadhaar authentication status, to view/ download e-KYC documents for new registration applications and to upload e-KYC documents in PV report-reg.
GSTN enables option to file GSTR-9 & GSTR-9C for FY 2022-23
17 May 2023 at 08:47GSTN has enabled the option to file Annual Return and Reconciliation Statement, namely Form GSTR-9 and GSTR-9C on the GST portal for the FY 2022-2023.
IT department launches raids on edible oil business group in West Bengal and Assam
17 May 2023 at 08:47Income Tax Department conducted search and seizure operations on a business group operating largely in North Bengal region of the State of West Bengal.
MCA introduces C-PACE initiative to simplify company striking off process
16 May 2023 at 08:45The Ministry of Corporate Affairs (MCA) has moved a step forward by centralising the strike off process of companies with the establishment of the Centre for Processing Accelerated Corporate Exit (C-PACE).
Finance companies urge RBI to avoid GST by not renaming penal interest as 'charges'
16 May 2023 at 08:45The Finance Industry Development Council, a representative body of NBFCs in India, has requested the Reserve Bank of India (RBI) not to classify penal interest as 'charges' due to potential tax implications.
Popular News
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- ICAI Urges MCA to Reconsider NFRA's Audit Standard Amendments
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