CAclubindia News

Income Tax Return Statistics for AY 2023-24

27 August 2024 at 14:43

The objective of publishing these statistics is to encourage wider use and analysis of Incometax data by Departmental personnel and academicians.

Posted in Income Tax | 6774 Views

GoM Defers GST Slab Changes, Focuses on Rate Review Across Sectors

27 August 2024 at 09:00

GoM on GST rate rationalisation, led by Bihar Deputy Chief Minister Samrat Chaudhary, has postponed plans to restructure the tax slabs but is actively reviewing GST rates across various categories.

Posted in GST | 660 Views

Rs 352 Crore Seized in India's Largest Income Tax Raid: Team Honored for 10-Day Operation

27 August 2024 at 08:58

In a historic operation, the Income Tax Department conducted its largest-ever cash seizure last December, recovering a staggering Rs 352 crore from an Odisha-based distillery group.

Posted in Income Tax | 18 comments | 451659 Views

ICSI | Toppers of CS Executive and Professional June 2024 Exams

26 August 2024 at 14:53

Toppers of CS Executive and Professional June 2024 Exams

Posted in Students | 489 Views

Maharashtra Becomes First State to Implement Unified Pension Scheme (UPS) for Employees

26 August 2024 at 09:03

In a significant move just hours after central government employees' organizations called on state governments to adopt the Unified Pension Scheme (UPS), Maharashtra has become the pioneering state to offer the scheme to its employees.

Posted in Corporate Law | 2364 Views

DGGI Issues Rs 220 Crore Unpaid GST Notices to 7 Institutes, Including IIT Delhi

26 August 2024 at 09:00

7 prominent educational institutions and universities in India have been slapped with GST show-cause notices by the DGGI. The notices, issued in early August, demand unpaid taxes totalling approximately ₹220 crore.

Posted in GST | 2691 Views

Bharti Airtel Secures Major Relief as GST Demand Slashed to Rs 194 Crore from Rs 604 Crore

26 August 2024 at 08:57

The Central Goods and Service Tax Appellate Authority in Delhi has ordered Bharti Airtel to pay Rs 194 crore in GST on licence fees and spectrum usage charges, significantly reducing the original demand of Rs 604.66 crore.

Posted in GST | 2151 Views

Mandatory Biometric Aadhaar Authentication & Document Verification for GST Registration in Dadra and Nagar Haveli, Daman and Diu and Chandigarh

26 August 2024 at 08:55

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Dadra and Nagar Haveli and Daman and Diu AND Chandigarh

Posted in GST | 489 Views

CBIC Mandates Strict Reviews of Govt Employees, Potential for Early Retirement

24 August 2024 at 15:40

The Central Board of Indirect Taxes (CBIC) has issued a directive to all divisional heads to rigorously follow the guidelines set by the Department of Personnel and Training (DoPT) concerning the periodic review of government employees.

Posted in GST | 2646 Views

IndiGo to Challenge Rs 3.5 Lakh Penalties Over ITC Issue

24 August 2024 at 08:57

IndiGo plans to challenge two GST penalty orders totalling Rs 3,50,299 related to input tax credit claims for FY 2017-18 in Odisha and Kerala.

Posted in GST | 1566 Views