CAclubindia News


CGST officials bust a syndicate of 7 firms in GST evasion of more than Rs 85 crore

   12 March 2022 at 08:41

It was evident that Shri Rakesh Kumar Jain was using multiple firms to avail and pass on fake ITC on bogus invoices and E-Way Bills without actual supply of goods. The quantum of GST evaded by him is more than Rs. 85 crore.

Posted in GST |   4008 Views


CGST unearths a racket of GST fraud and fake ITC of approx. 99 crores

   11 March 2022 at 08:42

CGST Ghaziabad arrested 1 person in follow up of an earlier case which involved GST fraud of Rs. 630 crs. in value and fake ITC of approx 100 crs. by creating 50 bogus firms, using multiple PAN, mobile numbers and bank accounts.

Posted in GST |   4464 Views


MSME Innovative Scheme launched to promote and support untapped creativity of MSME sector

   11 March 2022 at 08:42

Shri Narayan Rane launches MSME Innovative Scheme (Incubation, Design and IPR) & MSME IDEA HACKATHON 2022 under MSME Champions Scheme

Posted in Corporate Law |   2196 Views


GSTN announces Enhanced Registration application User Interface (UI)

   11 March 2022 at 08:42

User Interface (UI) with respect to the address fields in the Registration Application GST REG-01 has been enhanced

Posted in GST |   6990 Views


CBDT issues refunds to more than 2.14 crore taxpayers from 1st April 2021 to 7th March 2022

   10 March 2022 at 15:54

CBDT issues refunds of over Rs. 1,86,677 crore to more than 2.14 crore taxpayers from 1st April 2021 to 07th March 2022.

Posted in Income Tax |   1197 Views


Venture capitalists play pivotal role in Startup ecosystem, economic growth - Shri Piyush Goyal

   10 March 2022 at 08:34

Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal today said the Venture capitalists have played a pivotal role in India’s Startup story and in economic growth of the country.

Posted in Others |   1296 Views


RBI clarifies on the mode of receipt of complaints under Integrated Ombudsman Scheme

   10 March 2022 at 08:34

Reserve Bank clarifies on the mode of receipt of complaints under Reserve Bank - Integrated Ombudsman Scheme 2021(RB-IOS)

Posted in Others |   2820 Views


ICAI to support CA Maldives for the development of the accountancy profession in Maldives

   09 March 2022 at 17:34

Delegation of CA Maldives visited ICAI

Posted in Professional Resource |   4188 Views


RBI launches UPI for Feature Phones 'UPI123Pay' and 24x7 Helpline 'DigiSaathi'

   09 March 2022 at 08:40

Reserve Bank of India launches (a) UPI for Feature Phones (UPI123pay) and (b) 24x7 Helpline for Digital Payments (DigiSaathi)

Posted in Others |   3879 Views


Union Budget 2022-23 encourages power of youth: FM Nirmala Sitharaman

   09 March 2022 at 08:40

Union Finance Minister Nirmala Sitharaman said that Union Budget 2022-23 recognises and encourages  the potential of youth, their technological skills and entrepreneurial spirit.

Posted in Union Budget |   2208 Views