CAclubindia News


ICAI submits Pre-Budget Memoranda-2023

   08 December 2022 at 14:59

The Council of the Institute of Chartered Accountants of India considers it a privilege to submit this Pre-Budget Memorandum - 2023 on Direct Taxes and International Tax to the Government.

Posted in Union Budget |   8268 Views


IT dept warns taxpayers of a fake profile posing as income tax customer care

   08 December 2022 at 08:38

This profile/number, which is posing as Income Tax Department Support/Customer Care, is FAKE. Please do not call the said number or respond to any calls or communication from it asking you to share your personal, financial, or other sensitive information.

Posted in Income Tax |   6423 Views


13 people booked for using fake documents to get GST numbers

   08 December 2022 at 08:38

On a complaint file by the district GST Department, the police have registered a case against 13 persons who had applied for GST numbers using fake documents.

Posted in GST |   3672 Views


RBI hikes repo rate by 35 basis points to 6.25%

   07 December 2022 at 10:27

The Reserve Bank of India (RBI) raised its key lending rate by 35 basis points on Wednesday as inflation continues to stay above the central bank's tolerance band.

Posted in Others |   3750 Views


ITR of deceased can be considered computing annual income for grant of motor accident compensation

   07 December 2022 at 09:40

The Supreme Court on Tuesday (6th Dec 2022) ruled that, while calculating annual income for grant of motor accident compensation, the courts can consider the Income Tax Return of the deceased.

Posted in Income Tax |   14484 Views


GST council likely to consider decriminalisation of GST law in 17th Dec Meet

   06 December 2022 at 08:40

The GST Council in its next meeting is likely to discuss the decriminalisation of offences under GST law, along with raising the threshold of launching prosecution to Rs 20 crore from Rs 5 crore at present, officials said on Monday.

Posted in GST |   4965 Views


FM Nirmala Sitharaman inaugurates DRI's 65th Founding Day Celebrations

   06 December 2022 at 08:40

The Directorate of Revenue Intelligence (DRI), the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the Central Board of Indirect Taxes and Customs (CBIC), celebrated its 65th Foundation Day at New Delhi.

Posted in Others |   2115 Views


ICAI releases Handbook on Annual Return under GST

   05 December 2022 at 14:49

Handbook on Annual Return under GST

Posted in GST |   8868 Views


Amendments related to CCI, IBC and Companies Act likely to be discussed in Budget 2023 session

   05 December 2022 at 08:32

During the Budget 2023-24 presentation, there will likely be discussions on three major amendments in the parliament.

Posted in Union Budget |   4800 Views


3 booked in Ludhiana for attempt to use fake documents for GST registration

   05 December 2022 at 08:32

Sumandeep Kaur, assistant commissioner, Ludhiana Zone 4, who filed the complaint, stated that the GST department had received three online registration applications for GST registration

Posted in GST |   6216 Views