CAclubindia News


CBDT issues revised guidelines for compounding of offences under IT Act 1961

   18 September 2022 at 07:36

CBDT has taken steps and issued revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the 'Act') dated 16.09.2022

Posted in Income Tax |   4395 Views


CBIC develops system for online monitoring of GST audits

   17 September 2022 at 07:29

Central Board of Indirect Taxes and Customs (CBIC) has developed a system for online monitoring of GST audits initiated by tax officials across the country for effective oversight of the audit process.  

Posted in GST |   6399 Views


FM Nirmala Sitharaman exhorts banks to plan for next 25 years

   17 September 2022 at 07:29

Banking sector has to make a big contribution to making India a developed nation by 2047: Union Finance Minister Smt. Nirmala Sitharaman at 75th AGM of Indian Banks' Association

Posted in Others |   1884 Views


MCA revises threshold for paid up capital of small companies

   17 September 2022 at 07:29

Latest revision to facilitate Ease of Doing Business further and reduce compliance burden on "small companies"

Posted in Corporate Law |   3771 Views


MCA amends definition of small company

   16 September 2022 at 17:23

For the purposes of sub-clause (i) and sub-clause (ii) of clause (85) of section 2 of the Act, paid up capital and turnover of the small company shall not exceed rupees four crore and rupees forty crore respectively

Posted in Corporate Law |   6642 Views


CBDT notifies Form 52A & Rule 121A to be furnished u/s 285B for producers of cinematograph films

   16 September 2022 at 08:46

Form of statement to be furnished by producers of cinematograph films or persons engaged in specified activity.

Posted in Income Tax |   3759 Views


FM Nirmala Sitharaman chairs 26th meeting of the Financial Stability and Development Council

   16 September 2022 at 08:46

The 26th Meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in Mumbai

Posted in Others |   1185 Views


RBI releases Handbook of Statistics on the Indian Economy 2021-22

   16 September 2022 at 08:46

Reserve Bank released its annual publication titled "Handbook of Statistics on the Indian Economy, 2021-22" (HBS).

Posted in Others |   5109 Views


ICAI extends last date for online empanelment of members to act as observers for Nov/Dec 2022 CA exams upto 20th September

   16 September 2022 at 08:46

It has been decided to extend the Last date of online empanelment of members to act as observers at the examination centres for the Chartered Accountants’ Examinations, November/ December 2022, up to 20th September 2022.

Posted in Students |   6870 Views


GST collections likely to cross Rs. 1.5 lakh crore from November

   15 September 2022 at 08:44

FM on Wednesday spoke about Prime Minister Narendra Modi's "special mention" of robust GST revenues as a sign of a sound economy, while the revenue department set a new target of ₹1.50 lakh crore monthly collections from November this year

Posted in GST  1 comments |   3342 Views