CAclubindia News


GST Intelligence Cracks Down on Rs 500 Crore Scam, Arrests Suspect in Kolkata

   01 March 2024 at 09:04

The diligent efforts of the Jamshedpur GST Intelligence team have culminated in a significant breakthrough with the arrest of Shiv Kumar Deora in Kolkata.

Posted in GST |   1545 Views


Finance Ministry Considers Adjustment to 45-Day Payment Rule for MSMEs

   29 February 2024 at 09:04

The Finance Ministry is deliberating over potential adjustments to a newly proposed income tax rule requiring business enterprises to settle payments to micro, small, and medium enterprises (MSMEs) within 45 days.

Posted in Income Tax  1 comments |   17802 Views


CBI Arrests CGST Superintendent After Recovering Rs 10,000 Bribe

   29 February 2024 at 09:04

https://news.caclubindia.com/gstn-issues-advisory-on-delayed-registration-despite-successful-aadhaar-authentication-under-cgst-rules-23195.asp

Posted in GST  1 comments |   1767 Views


GSTN Issues Advisory on Delayed Registration Despite Successful Aadhaar Authentication under CGST Rules

   29 February 2024 at 09:03

Instances of Delay in registration reported by some Taxpayers despite successful Aadhaar Authentication in accordance with Rule 8 and 9 CGST, Rules, 2017

Posted in GST |   3756 Views


ICAI Introduces 2024 Edition of Excel Utility for Bank Branch Audits

   29 February 2024 at 09:02

The Institute of Chartered Accountants of India (ICAI) has launched the latest version of the Excel Utility for Bank Branch Audits in 2024.

Posted in Audit |   8568 Views


Hyderabad YouTube Lecturer Arrested for Defrauding Chartered Accountants of Rs 2.48 Crore

   28 February 2024 at 09:11

The Hyderabad police have apprehended Srinath Rathi, a 29-year-old individual running a YouTube channel, on charges of defrauding chartered accountants to the tune of Rs 2.48 crore.

Posted in Others |   5892 Views


Income Tax Department Unveils User Guide for Responding to Notices under e-Verification Scheme, 2021

   28 February 2024 at 09:11

The Directorate of Income Tax (Systems) has unveiled Version 3.0.0 of the User Guide for Submitting Response to Notices and Letters Received under the e-Verification Scheme, 2021.

Posted in Income Tax |   5106 Views


RBI Issues Master Direction for Filing of Supervisory Returns

   28 February 2024 at 09:09

The Master Direction provides a broader framework to understand the purpose of the returns and harmonises the timelines for their submission.

Posted in Others |   1485 Views


FM Unveils 433% Surge in Capital Expenditure Alongside Strong Tax Revenue Growth

   27 February 2024 at 09:09

In a significant announcement on February 22, 2024, FM revealed that the Indian government's robust tax revenue has paved the way for substantial increases in capital expenditure and sustained investment in infrastructure development projects.

Posted in Income Tax |   1617 Views


New e-Verification Scheme-2021 Rolled Out by Income Tax Department to Address Mismatches in Taxpayer Returns

   27 February 2024 at 09:08

Income Tax Department has identified certain mismatches between third party information on interest and dividend income, and the Income Tax Return (ITR) filed by taxpayers

Posted in Income Tax |   17397 Views



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