CAclubindia News


FM asks CBIC to introduce automated GST return scrutiny and implement action plan to increase taxpayer base

   01 May 2023 at 08:40

FM Nirmala Sitharaman on Saturday directed Central Board of Indirect Taxes & Customs to introduce its automated GST return scrutiny by next week and to implement an action plan to increase the taxpayer base through enhanced use of technology.

Posted in GST |   3891 Views


ICAI President urges professionals to continuously evolve and remain ahead of the curve

   01 May 2023 at 08:39

As, I reflect over the recent developments and emerging trends shaping the future of the profession, I understand that one of our profession’s main premise is about building better future and supporting economic progress of society.

Posted in Professional Resource |   4305 Views


Form No. 70 made available for filing on IT portal

   29 April 2023 at 08:33

Income Tax Department issued an update regarding - Form No. 70 notified vide Notification No.111/2022 dated 28-Sep-2022, is available for filing on the portal.

Posted in Income Tax |   7014 Views


e-Pay Tax service is now enabled for RBL Bank with Over the Counter and Net Banking option

   29 April 2023 at 08:31

List of banks for tax payments available at e-Pay Tax service at e-Filing Portal

Posted in Income Tax |   4902 Views


GSTN introduces new facility to verify document Reference Number on offline communications of State GST authorities

   29 April 2023 at 08:30

The GST portal ("System") generates various documents, such as notices/ orders, etc which are communicated to the taxpayer. Most such documents have a system-generated unique identifier DIN

Posted in GST |   5991 Views


Finance Ministry to assign different GST rates for online games based on skill and chance

   28 April 2023 at 08:43

The Ministry of Finance is considering making distinct categories in online gaming. The Ministry is contemplating classifying online games based on the role of skill and chance in winning.

Posted in GST |   7242 Views


GST payments can now be made through 23 banks

   28 April 2023 at 08:40

GSTN has added 2 new banks Induslnd Bank Limited and South Indian Bank Limited, bringing the total number of banks accepting GST payments to 23.

Posted in GST |   5283 Views


CA Inter Exams to be held on 10th May rescheduled in Punjab and Odisha

   27 April 2023 at 16:32

Re-Scheduling of Chartered Accountants Examination scheduled to be held on 10th May 2023 (Wednesday) at the Examinations Centre at Jalandhar (Punjab) and Jharsuguda (Odisha).

Posted in Students |   8487 Views


GST authorities quiz auto dealers on fake invoicing

   27 April 2023 at 08:39

Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of auto-mobile dealers

Posted in GST |   3600 Views


GST officers issuing notices to insurers for availing ITC on fake invoices

   27 April 2023 at 08:39

GST officers have started sending notices to over a dozen insurance companies for availing input tax credit on the basis of bogus invoices in the last six years, sources said.

Posted in GST |   3489 Views