CAclubindia News

FM Approves Biometric Aadhaar Authentication at GST Seva Kendras in Andhra Pradesh

18 November 2023 at 07:52

Finance Minister Nirmala Sitharaman Announces Aadhaar Authentication for GST Seva Kendras in Andhra Pradesh to Enhance Registration Process and Security

Posted in GST | 2328 Views

ICAI Opens Exclusive One-Time Window for MEF 2023-24 Applications

18 November 2023 at 07:51

The Institute is in receipt of representations from members who could not fill the MEF 2023-24 due to various reasons. It has been decided to give one-time window from 20th November to 22nd November, 2023 for three days

Posted in Professional Resource | 6432 Views

Government Contemplates GST Evasion Threshold Hike to Rs 3 Crore

17 November 2023 at 10:21

In a bid to enhance the business environment and alleviate concerns of harassment, the central government is contemplating a pivotal shift in the Goods and Services Tax (GST) landscape.

Posted in GST | 5718 Views

CBDT Chairman Forecasts India to Surpass Rs 18.23 Lakh Crore Direct Tax Collection Target

17 November 2023 at 08:44

In a positive development, Central Board of Direct Taxation (CBDT) chairman Nitin Gupta announced on Wednesday that the government is on track to exceed the ₹18.23 lakh crore direct tax collection target set for the current fiscal year

Posted in Income Tax | 2511 Views

GST Practitioners Raise Alarm Over Rule 37A

17 November 2023 at 08:42

In a recent development, the All Kerala GST Practitioners Association has raised alarm bells over the potential dampening effect on businesses due to the input tax credit (ITC) reversal mandated by Rule 37A.

Posted in GST | 8760 Views

IT Department Seizes Unexplained Cash Ahead of Key Assembly Elections in Five States

17 November 2023 at 08:41

In the lead-up to the upcoming Assembly elections in five states, the Income Tax Department has significantly increased its efforts to curb the flow of unexplained cash.

Posted in Income Tax | 5688 Views

CBIC Unveils 29 Updated Customs E-Brochures in Nov 2023

16 November 2023 at 08:58

CBIC Unveils Comprehensive Update with 29 E-Brochures, Transforming Customs Landscape

Posted in GST | 5151 Views

Kerala GST Dept Issues Operational Guidelines for Tax and Non-GST Remittance via e-Treasury Portal

16 November 2023 at 08:56

Kerala GST Department vide Trade Notice No. 18/2023 dated October 30, 2023 issued Operational instructions regarding the Payment of tax and other amounts including arrear demands issued in Acts other than GST through the e-Treasury Portal.

Posted in GST | 2463 Views

Govt Initiates Action Against Non-Issuance of E-Invoices by Mandated Taxpayers

16 November 2023 at 08:55

CBIC issued Instructions vide F. No. CBIC- 20006/15/2023-GST dated October 18, 2023 regarding the action in respect of non-issuance of e-invoices by notified class of taxpayers who are mandatorily required to issue e-invoice as per legal provisions.

Posted in GST | 4422 Views