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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 Community & General |   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 |   2313 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 |   24003 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 |   3336 Views


MCA Pioneers Digital Era with E-Adjudication Rollout on Statutory Filing Portal by March 2024

   18 December 2023 at 07:45

Ministry of Corporate Affairs Embraces Digital Transformation with E-Adjudication on MCA21 Portal

Posted in Corporate Law |   3177 Views


Overseas staff on deputation: CBIC alert over GST notices

   16 December 2023 at 09:02

CBIC Issues Caution Amid Surge in GST Demand Notices for Overseas Staff, Citing Complexity in Taxability IssuesThe Central Board of Indirect Taxes and Customs (CBIC) has issued a cautionary directive to its field employees, highlighting the complexit

Posted in GST |   4917 Views



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