CAclubindia News


Gross Direct Tax collections for FY 2022-23 upto 10th Nov 2022 higher by 30.69% at Rs.10.54 lakh crore

   12 November 2022 at 08:38

The provisional figures of Direct Tax collections up to 10th November, 2022 continue to register steady growth. Direct Tax collections up to 10th November, 2022 show that gross collections are at Rs. 10.54 lakh crore which is 30.69% higher

Posted in Income Tax |   3930 Views


Two tax devolution installments worth Rs 1.16 lakh crore cleared

   11 November 2022 at 08:31

Two instalments of tax devolution to State Governments amounting to Rs. 1,16,665 crore Released today

Posted in Others |   2325 Views


IT raids on premises of Jalandhar industrialist, investor

   11 November 2022 at 08:30

Teams of the Income Tax Department on Thursday conducted raids on the premises of city-based industrialist Sheetal Vij and investor Chander Shekhar Aggarwal.

Posted in Income Tax |   6138 Views


Clarification on refund related issues under GST Law

   11 November 2022 at 08:29

CBIC vide Circular No. 181/13/2022-GST dated November 10, 2022 has issued a clarification on refund related issues under GST Law.

Posted in GST |   6561 Views


ICAI further extends last date for submitting MEF 2022-23 from 9th Nov to 15th Nov 22

   10 November 2022 at 15:10

Considering the Requests received from the members in submitting the MEF 2022-23 owing to parallelly running last date of ITR filing, we are further extending the last date for submission of Multipurpose Empanelment

Posted in Professional Resource |   6003 Views


ICAI | Certificates issued by Peer Review Board to Practice Units without end date

   10 November 2022 at 15:10

The Practice Units which have been issued a certificate in which the date till which the said certificate is valid has not been mentioned, may get the Peer Review of their firms initiated and completed on or before 31st December 2022.

Posted in Professional Resource |   3183 Views


ICAI | Peer Review Mandate - Phase II Roll Out

   10 November 2022 at 08:34

Phase II of the mandate is becoming applicable from April 1, 2023. The Practice Units may accordingly take note and subject themselves to the Peer Review process.

Posted in Professional Resource |   2433 Views


FM Nirmala Sitharaman approves India's First Sovereign Green Bonds Framework

   10 November 2022 at 08:34

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman approves the final Sovereign Green Bonds framework of India.

Posted in Others |   2211 Views


Unaccounted transactions of Rs 100 crore found during IT raids in Jharkhand

   09 November 2022 at 10:08

A search and seizure action was initiated by the Income Tax Department on few business groups engaged in coal trading/ transportation, execution of civil contracts, extraction of iron ore and production of sponge iron, on 04.11.2022.

Posted in Income Tax |   7293 Views


CBIC makes important changes in filing GST Returns

   09 November 2022 at 10:07

Important changes have been made in Return Filing Process

Posted in GST |   8007 Views