CAclubindia News

HUL Faces Rs 447.5 Crore GST Demands and Penalties

03 January 2024 at 09:19

HUL, a leading FMCG maker renowned for brands such as Lux, Lifebuoy, Surf Excel, Rin, Pond’s, and Dove, disclosed on Monday that it has received GST demands and penalties totaling Rs 447.5 crore from the authorities.

Posted in GST | 5751 Views

Income Tax Department Releases Latest Excel-Based Utility for ITR-1 to ITR-7

03 January 2024 at 09:16

The Income Tax Department has recently launched an updated Excel-based utility for filing Income Tax Returns (ITR).

Posted in Income Tax | 7590 Views

Haryana Government Introduces One-Time Settlement Scheme for Pre-GST Tax Dues

03 January 2024 at 09:15

Addressing a long-standing request from Haryana’s traders and business community to settle pending tax payments from before the implementation of GST, Chief Minister Sh. Manohar Lal today launched the OTS Scheme through the Excise and Taxation Department.

Posted in GST | 4536 Views

Yes Bank Slapped with Rs 3 Crore Penalty by Tamil Nadu GST Department

03 January 2024 at 09:14

Yes Bank, a prominent private sector lender, found itself at the center of attention as it received a tax receipt amounting to Rs 3 crore from the Tamil Nadu Goods and Services Tax (GST) department on December 31, 2023.

Posted in GST | 2838 Views

UltraTech Cement Faces GST Demand Orders Totaling Rs 72.06 Lakh

03 January 2024 at 09:12

UltraTech Cement, a leading cement manufacturer, has received two demand orders from the Goods and Services Tax (GST) authorities, amounting to Rs 72.06 lakh in total.

Posted in GST | 2316 Views

LIC Receives Rs 806 Crore GST Notice

02 January 2024 at 11:44

Life Insurance Corporation of India (LIC) has been slapped with a Goods and Services Tax (GST) demand notice totaling Rs 806 crore, including penalty and interest.

Posted in GST | 3597 Views

RBI | 97.38% of Rs 2000 Banknotes Returned Since Withdrawal Announcement

02 January 2024 at 11:42

The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. T

Posted in Community & General | 2265 Views

ITR-U Enabled on Income Tax Portal for AY 2023-2024

02 January 2024 at 09:09

Income Tax Department Facilitates Seamless E-Filing: ITR-U Now Available on the Portal for AY 2023-2024 (FY 2022-2023)

Posted in Income Tax | 4773 Views

Year in Review 2023: Major achievements of MCA

02 January 2024 at 09:08

In the framework of corporate governance, the Ministry of Corporate Affairs (MCA) continues to focus on bolstering 'ease of compliance' and 'ease of doing business' in the year 2023.

Posted in Corporate Law | 5238 Views

Suggestions invited through Questionnaire for Crafting ICAI Vision 2049

02 January 2024 at 09:07

The Institute of Chartered Accountants of India through Strategy Perspective Planning and Monitoring Committee has initiated an exercise of preparation of ICAI Vision 2049 in collaboration with IIM Ahmedabad.

Posted in Professional Resource | 2424 Views