CAclubindia News
Finance Ministry Expected to Delay 45-Day Payment Rule for MSMEs Until April 2025
05 March 2024 at 08:57Sources reveal that the Finance Ministry is contemplating a deferment of the enforcement of Rule 43B (h) under the Income Tax Act, which necessitates payments to micro, small, and medium enterprises (MSMEs) within 45 days.
FM Sitharaman Leads Groundbreaking GST Enforcement Conference, Paving the Way for Transparent Tax System
05 March 2024 at 08:56Union Finance Minister Smt. Nirmala Sitharaman inaugurates first-ever National Conference of Enforcement Chiefs of the State and the Central GST Formations in New Delhi
Chartered Accountant Defrauded of Rs 4.11 Crore In Investment Scam
04 March 2024 at 09:12The Kurar Police has initiated legal action against individuals accused of defrauding a chartered accountant, Pradeep Parameshwarlal Banka, to the tune of Rs 4.11 crore.
CBDT Notifies ITR-7 Form for AY 2024-25
04 March 2024 at 09:09The Central Board of Direct Taxes (CBDT) has recently announced the notification of Income-tax Return (ITR) Form 7 for the Assessment Year (AY) 2024-25, completing the suite of forms necessary for taxpayers to file their returns.
NEFT Achieves New Milestone of 4.10 Crore Daily Transactions
04 March 2024 at 09:07NEFT system has achieved a milestone on February 29, 2024, by processing 4,10,61,337 transactions, the highest number of transactions processed in a day so far...
CBDT Allows Processing of E-Filed ITRs for Refunds Beyond Deadline in Non-Scrutiny Cases
02 March 2024 at 14:02Processing of returns of income validly filed electronically with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases
Taxpayers from Bengaluru Recognized by FM Sitharaman for Economic Contributions
02 March 2024 at 09:18Union Finance Minister Nirmala Sitharaman lauded the contributions of Bengaluru taxpayers towards building a robust and prosperous India during her visit to the city on Wednesday.
Supreme Court's 9-Judge Bench Initiates Landmark Hearing on Royalty's Tax Status in Mining Leases
02 March 2024 at 09:17On February 27, the Supreme Court's 9-judge Constitution Bench embarked on hearings to address intricate issues pertaining to the taxation of mineral-bearing lands. C
ICAI extends last date for online empanelment of members to act as observers for May/June 2024 CA exams upto 15th March
02 March 2024 at 09:16Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2024 Examinations up to 15th March 2024.
Gross GST collections surge 12.5% to Rs 1.68 lakh crore in February
02 March 2024 at 09:14Rs 1,68,337 crore gross GST revenue collected during February 2024; records Year-on-Year (Y-o-Y) growth of 12.5%
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