CAclubindia News


Supreme Court Upholds CA Misconduct Rule: Board Empowered to Refer Cases to Disciplinary Committee

   09 February 2024 at 10:05

In a landmark decision on Thursday, February 8, the Supreme Court of India made a significant ruling regarding the Chartered Accountants' (Procedure of Investigation of Professional and Other Misconduct and Conduct of Cases) Rules, 2007.

Posted in Professional Resource |   7695 Views


MCA Extends Deadline and Waives Fees for LLP BEN-2 and Form No. 4D Filings

   09 February 2024 at 09:18

MCA has taken a significant step to ease compliance burdens on LLPs by providing relaxation in additional fees and extending the deadline for filing Form No. LLP BEN-2 and LLP Form No. 4D under the Limited Liability Partnership Act, 2008.

Posted in Corporate Law |   7011 Views


Gujarat's GST Evasion: Over 9,000 Cases Reported in Last 4 Years

   09 February 2024 at 09:17

Gujarat, often heralded as the epicenter of the business community, is grappling with a significant surge in Goods and Service Tax (GST) evasion cases, reaffirming its pivotal role in the nation's economic landscape.

Posted in GST |   2820 Views


RBI Expected to Provide Clarification on Paytm Services, Says Financial Services Secretary

   09 February 2024 at 09:16

The Reserve Bank of India (RBI) is deliberating on potential actions regarding Paytm Payments Bank (Paytm PB) following regulatory non-compliance issues

Posted in Community & General |   2697 Views


Over 2.16 Lakh Individuals Earn Above Rs 1 Crore in AY 2023-24

   09 February 2024 at 09:16

The latest data presented in Parliament by Minister of State for Finance Pankaj Chaudhary has revealed a remarkable surge in the count of individuals earning more than Rs 1 crore annually in India

Posted in Income Tax |   6756 Views


RBI Keeps Repo Rate Unchanged At 6.50%

   08 February 2024 at 13:07

On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today

Posted in Community & General |   2004 Views


Lok Sabha Passes Finance Bill 2024

   08 February 2024 at 09:30

On Wednesday, the Lok Sabha marked a significant milestone in India's fiscal landscape by passing the Finance Bill 2024, effectively concluding the legislative process for the interim budget 2024-25.

Posted in Union Budget & Policy |   5673 Views


Paytm CEO Meets FM Nirmala Sitharaman Amid Paytm Payment Bank Crisis

   08 February 2024 at 09:28

In a bid to address the escalating crisis involving Paytm's banking arm, Paytm Payment Bank (PPBL), Vijay Shekhar Sharma, the founder and CEO of Paytm, held a crucial meeting with Union Finance Minister Nirmala Sitharaman on February 6.

Posted in Community & General |   2916 Views


New ITR-5 & ITR-6 Mandate MSME Registration from April 1, 2024

   08 February 2024 at 09:24

In a move towards streamlining tax procedures and enhancing transparency, the Income Tax Department has introduced significant changes to income tax return (ITR) forms, effective April 1, 2024.

Posted in Income Tax |   22608 Views


GST Portal Expands Credit/Debit Card Payments to 4 New States

   08 February 2024 at 09:23

In a bid to enhance convenience and accessibility for taxpayers, the Goods and Services Tax (GST) portal has rolled out a significant update, now allowing GST payments through Credit Cards and Debit Cards.

Posted in GST |   5394 Views



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