CAclubindia News


IT Department issues updated list of banks for tax payments

   03 December 2022 at 08:39

List of banks for tax payments available at e-Pay Tax service at e-Filing Portal and OLTAS ePayment of Taxes at Protean (previously NSDL)

Posted in Income Tax |   10356 Views


Computation of ITC updated by GSTN based on returns filed by suppliers upto 30th Nov 2022

   02 December 2022 at 08:39

GSTN has updated the below instructions on GST Portal Annual return in Form GSTR-9 once filed cannot be revised. Computation of ITC has been made based on GSTR-1/IFF/GSTR-5 filed by your corresponding suppliers upto November 30, 2022. GSTR-1/IFF/GSTR

Posted in GST |   9246 Views


IT department moves to resolve tax refund issues quickly

   02 December 2022 at 08:39

The income-tax department has issued instructions to ensure taxpayer grievances about adjustment of tax dues against pending refunds are resolved quickly to check avoidable litigation.

Posted in Income Tax |   7053 Views


GST revenue collections jumped 11% at Rs. 1.46 lakh crore in Nov 2022

   02 December 2022 at 08:39

Rs. 1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year

Posted in GST |   5853 Views


Chhattisgarh: Pvt firm director, employee held for GST fraud in Raipur

   01 December 2022 at 08:56

The director and accountant of a private firm were arrested in Chhattisgarh's Raipur on Tuesday for evasion of the Good and Services Tax (GST) by passing on fake input tax credit (ITC) of Rs 1.92 crore, an official said on Tuesday.

Posted in GST |   3978 Views


Union Budget 2023: Personal IT regime needs a complete reinvent, said Tarun Bajaj

   01 December 2022 at 08:56

Ahead of Union Budget for FY24, Revenue Secretary Tarun Bajaj said that the capital gains tax regime needs to be simplified.

Posted in Union Budget |   4542 Views


ICAI President: National Call Sahayata to act as one point of contact for members & students of the Institute

   01 December 2022 at 08:54

In order to provide prompt services to the expanding base of members and students, the ICAI is in the process of development of a National Call Sahayata service.

Posted in Professional Resource |   5184 Views


RBI to launch first pilot of retail digital rupee on 1st Dec 2022

   30 November 2022 at 08:32

The Reserve Bank announces the launch of the first pilot for retail digital Rupee (e₹-R) on December 01, 2022.

Posted in Others |   7722 Views


Manner of processing and sanction of IGST refunds transmitted to jurisdictional GST authorities under rule 96(5A)

   29 November 2022 at 08:31

The CBIC has issued Instruction No. 04/2022-GST dated November 28, 2022 regarding the Manner of processing and sanction of IGST refunds, withheld in terms of clause (c) of sub-rule (4) of rule 96

Posted in GST |   8373 Views


FM Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2023-24

   29 November 2022 at 08:31

Smt. Nirmala Sitharaman chaired the pre-budget consultation meetings for Budget 2023-24 held in virtual mode from 21st to 28th November, 2022. The pre-budget meeting was concluded yesterday.

Posted in Union Budget |   5493 Views