CAclubindia News


Tax Officials Arrest Mining Company MD for GST irregularities of 18 crores

   04 January 2024 at 08:59

In a major crackdown on financial malpractices, commercial tax officials have arrested Rajkumar Rekhya Roopsing Nayak, the managing director of Sri Kavya Mining Infrastructures Private Limited.

Posted in GST |   3498 Views


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 |   4539 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 |   3600 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 |   2271 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 |   4776 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 |   5241 Views



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