CAclubindia News

PIL Filed in Supreme Court Seeks Scrapping of TDS System

28 December 2024 at 09:01

A PIL filed in the SC on Thursday has called for the scrapping of the TDS system under the Income Tax Act, labelling it as "arbitrary and irrational"

Posted in Income Tax | 2472 Views

GST on Caramel Popcorn in Theatres Remains at 5%, Govt Clarifies

28 December 2024 at 09:01

Amid social media uproar over an 18% GST allegedly being imposed on caramelized popcorn, government sources clarified on Tuesday that popcorn sold in theatres will continue to attract a GST rate of 5%.

Posted in GST | 3720 Views

ICAI Releases Admit Cards for January 2025 CA Exams

27 December 2024 at 16:02

The Institute of Chartered Accountants of India (ICAI) has released the admit cards for the January 2025 Foundation and Intermediate exams. Here's a step-by-step guide to help you download your admit card seamlessly: Steps to Download the Admit Cards

Posted in Students | 2628 Views

GST Council Exempts Gift Vouchers from Taxation, Bringing Relief to Retail and Corporate Sectors

27 December 2024 at 09:04

The GST Council's recent decision to exempt gift vouchers from indirect taxation has been hailed as a game-changer by industry leaders, offering much-needed clarity to the retail and corporate sectors.In its latest meeting, the council clarified that

Posted in GST | 3213 Views

Income Tax Refunds Surge 46% to Rs 3 Lakh Crore Between April-November 2024

27 December 2024 at 09:02

In a significant boost to taxpayer morale, the government announced that income tax refunds amounting to approximately Rs 3.08 lakh crore were disbursed between April and November this year.

Posted in Income Tax | 1329 Views

Arunish Chawla Appointed as Revenue Secretary in the Finance Ministry

27 December 2024 at 09:01

In a significant administrative reshuffle, senior IAS officer Arunish Chawla has been appointed as the new Revenue Secretary in the Finance Ministry.

Posted in Others | 288 Views

Toppers, Marksheet & Pass Percentage of CA Final Nov 2024 Exams

26 December 2024 at 23:00

Check out the Toppers, Pass Percentage and Marksheet details for CA Final November 2024 exams.

Posted in Students | 20673 Views

ICAI CA Final Nov 2024 Results Declared

26 December 2024 at 22:51

The Institute of Chartered Accountants of India (ICAI) has declared the results for the Nov 2024 CA Final Exams.

Posted in Students | 474 Views

NFRA Slaps Rs 2 Crore Fine on Deloitte for Audit Lapses in ZEEL

26 December 2024 at 10:55

The National Financial Reporting Authority (NFRA) has imposed a penalty of Rs 2 crore on Deloitte Haskins & Sells LLP for lapses in its audit of Zee Entertainment Enterprises Ltd (ZEEL) during the financial years 2018-19 and 2019-20.

Posted in Audit | 4443 Views

GST Hike on Used Vehicles May Drive More Transactions to Informal Channels

26 December 2024 at 09:01

The GST Council's recent proposal to increase the Goods and Services Tax (GST) rate on used vehicles from 12% to 18% has sparked concerns about its potential impact on India’s formal used car market.

Posted in GST | 2079 Views