CAclubindia News

Food Processing Ministry to Address Industry's GST Concerns with GST Council: Chirag Paswan

21 September 2024 at 06:35

In a strategic move to enhance the food processing sector, the Centre organized a high-level CEO roundtable on September 19, 2024, as part of the World Food India 2024 event.

Posted in GST | 1278 Views

CA Ends Life on Facebook Live, Accuses Fiancee and Family of Rs 12.5 Lakh Fraud and Assault

20 September 2024 at 13:27

In a heartbreaking incident, Sandeep Paswan, a 33-year-old Chartered Accountant from Jharkhand, allegedly took his own life at his rented home in Govandi, just minutes after broadcasting a distressing live video on Facebook.

Posted in Professional Resource | 5604 Views

ICAI releases Schedule of CA Foundation & Intermediate January 2025 Exams

20 September 2024 at 12:21

Schedule of CA Foundation & Intermediate January 2025 Exams Released!

Posted in Students | 5370 Views

Direct Tax Vivad Se Vishwas Scheme 2024 Set to Launch on 1st October 2024

20 September 2024 at 09:22

The Finance Ministry has announced the launch of the second edition of the Direct Tax Vivad Se Vishwas Scheme 2024 (VSV 2.0), effective October 1, 2024.

Posted in Income Tax | 1 comments | 6015 Views

Sun Pharma Faces Rs 35.43 Lakh GST Penalty for Unpaid Taxes on Recoveries from July 2017 to March 2020

20 September 2024 at 09:19

Sun Pharmaceutical Industries Limited has been penalized by the Assistant Commissioner, Goods & Service Tax, Division, Mohali-I, Punjab, according to a recent stock exchange filing.

Posted in GST | 432 Views

Zydus Wellness Subsidiary Hit with Rs 10.51 Million Tax Demand in Bihar, Stock Prices Decline

20 September 2024 at 09:18

Zydus Wellness Limited announced that its wholly-owned subsidiary, Zydus Wellness Products Limited (ZWPL), has received a tax demand of ₹10.51 million from Bihar state tax authorities.

Posted in Income Tax | 246 Views

SpiceJet Discloses Rs 427 Crore Unpaid GST, TDS and PF Dues Since 2020

20 September 2024 at 09:16

Budget airline SpiceJet disclosed on Tuesday that it has not paid statutory dues totalling Rs 427 crore from April 2020 to August 2024 due to severe financial constraints.

Posted in GST | 1437 Views

E-Way Bill Generation Hits Record 10.54 Crore in August

20 September 2024 at 09:14

Improved compliance and stricter enforcement by GST field formations have led to a surge in e-way bill generation, reaching an all-time high of 10.54 crore in August 2024, according to data from the Goods and Services Tax Network (GSTN).

Posted in GST | 267 Views

Finance Ministry Fast-Tracks Income Tax Act Review, Targets January 2025 Deadline

20 September 2024 at 09:12

The Finance Ministry is accelerating efforts to review and simplify the Income Tax Act, 1961, with a target completion date of January 2025, ahead of the Union Budget in February, sources familiar with the matter revealed.

Posted in Income Tax | 2844 Views

Indian Overseas Bank Receives Rs 123.87 Crore Income Tax Refund for AY 2021-22

20 September 2024 at 09:08

In a significant financial development, public sector lender Indian Overseas Bank (IOB) announced on Thursday, September 19, that it has received an order from the Income Tax Department confirming a refund of ₹123.87 crore.

Posted in Income Tax | 369 Views