CAclubindia News


GSTN Increases Document Upload Size for Principal and Additional Places of Business Registration

   10 July 2024 at 09:11

GST Portal: Increase in size of documents upload in Principal Place of Business and Additional Place of Business for New Registration and Amendment

Posted in GST |   2499 Views


MCA Extends Deadline for Filing Web-Form PAS-7

   10 July 2024 at 09:10

The Ministry of Corporate Affairs (MCA) has issued General Circular No. 05/2024 on July 6, 2024, announcing an extension of the deadline for filing Web-form PAS-7.

Posted in Corporate Law |   2691 Views


Budget 2024: Jewellery Industry Anticipates Duty Cuts, Tax Reforms and Streamlined Regulations

   10 July 2024 at 09:08

As the 2024-25 Budget presentation by Finance Minister Nirmala Sitharaman approaches on July 23, the jewellery industry is eagerly anticipating potential duty cuts on gold, silver, diamonds, and platinum.

Posted in Union Budget |   1758 Views


Budget 2024-25: Key Announcements Expected for Senior Citizens

   10 July 2024 at 09:05

As FM prepares to present the Union Budget 2024-25 on July 23, senior citizens are keenly anticipating several potential announcements that could significantly impact their financial well-being.

Posted in Union Budget |   2181 Views


Budget 2024: Call for Amendments to Advance Tax Provisions for Individuals

   09 July 2024 at 09:12

Explore potential amendments in Budget 2024 to advance tax provisions under Section 234C of the Income-tax Act, which could ease the financial burden on gig workers, freelancers, and new entrepreneurs.

Posted in Union Budget  1 comments |   1845 Views


GSTN Expands Digital Payment Options to West Bengal and 16 Other States

   09 July 2024 at 09:08

GSTN announced an update on July 5, 2024, that the GST payment facility is now available through UPI, credit cards, and debit cards in West Bengal.

Posted in GST |   1284 Views


CBDT Issues New Guidelines for Issuing Notices Under Section 148 of the Income Tax Act

   09 July 2024 at 09:06

CBDT has issued new guidelines via F.No.299/10/2022-Dir(Inv.III)/1522 dated June 26, 2024. These guidelines are set to bring clarity and consistency in the handling of cases involving income that has escaped assessment.

Posted in Income Tax |   4188 Views


ACB Arrests Mastermind and Sales Tax Officer in Rs 175 Crore GST Refund Scam

   08 July 2024 at 09:06

The Anti-Corruption Bureau (ACB) has arrested three individuals in connection with a ₹175 crore Goods and Services Tax (GST) refund scam.

Posted in GST |   1947 Views


Budget 2024: Savings Account Interest Up to Rs 25000 May Become Tax-Exempt

   08 July 2024 at 09:05

The government is considering a proposal to increase the tax-deductible amount on interest earned from savings accounts to ₹25,000, sources familiar with the matter revealed.

Posted in Union Budget |   2892 Views


Pre-Budget Consultation Meetings for the Forthcoming Union Budget 2024-25 Conclude in New Delhi

   08 July 2024 at 09:00

The Pre-Budget consultations for Union Budget 2024-25 that started from 19th June 2024 onward in the Ministry of Finance and chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, concluded on 5th July 2024.

Posted in Union Budget |   318 Views