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Lok Sabha Passes Bill Extending Eligibility for President and Members of GSTAT

   20 December 2023 at 09:14

The Lok Sabha passed a bill to raise the age limit of the chairman and members of the GST Appellate Tribunal

Posted in GST |   4698 Views


SC quashes GST department's plea against HC order on ITC

   19 December 2023 at 07:15

Supreme Court Dismisses GST Department's Plea, Upholding High Court Ruling on Input Tax Credit

Posted in GST |   14829 Views


GST Return Filers Increase by 65% to 11.3 Million in 5 years: Finance Ministry

   19 December 2023 at 07:13

Finance ministry reported a remarkable 65% surge in the number of Goods and Services Tax (GST) return filers over the past five years, reaching a substantial 11.3 million as of April 2023.

Posted in GST |   3984 Views


UPI Transactions Soar to Rs 139 Lakh Crore in FY 2022-23 with Impressive 168% CAGR Growth

   19 December 2023 at 07:10

UPI transactions grew from ₹ 1 lakh crore in FY 2017-18 to ₹ 139 lakh crore in FY 2022-23 in value, at a CAGR of 168%

Posted in Others |   2061 Views


Gross Direct Tax collections for FY 2023-24 register a growth of 17.01%

   19 December 2023 at 07:09

Net Direct Tax collections for FY 2023-24 grow at over 20.66%

Posted in Income Tax |   2310 Views


ICAI | Exposure Draft Unveils Consequential Provisions for Annual CPE Hour Non-compliance from 2024 Onwards

   19 December 2023 at 07:08

Exposure Draft on proposed Consequential provisions for non-compliance with CPE hours requirement on yearly basis from calendar year 2024 onwards

Posted in Professional Resource |   3117 Views


Karnataka HC Orders ICAI to Grant Membership to CA Who Pursued Multiple Courses

   18 December 2023 at 13:26

Karnataka High Court has directed the Institute of Chartered Accountants of India (ICAI) to grant membership to Nikkitha KJ, a 23-year-old practising Chartered Accountant from the city.

Posted in Students |   24000 Views


Record Surge: Advance Tax Collection Signals Economic Growth

   18 December 2023 at 07:45

Advance tax collection for direct taxes has demonstrated an impressive surge, marking a substantial 19.76% growth compared to the previous year

Posted in Income Tax |   2280 Views


Income Tax Department Issues Erroneous Notices, CAs Demand Rectification

   18 December 2023 at 07:45

Income Tax Department Sparks Panic with Erroneous Notices, Chartered Accountants Demand Rectification

Posted in Income Tax |   9747 Views


IT Department Uncovers Rs 700 Crore Unaccounted Transactions in Surat Real Estate Scandal

   18 December 2023 at 07:45

Directorate of Investigations of the Income Tax (I-T) department in Surat has unraveled unaccounted business transactions amounting to Rs 700 crore during searches conducted on the premises of two real estate firms.

Posted in Income Tax |   3333 Views



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