CAclubindia News

GST Council to Review Proposal for Exempting Health and Term Life Insurance

20 November 2024 at 09:08

The GST Council is anticipated to meet in November, following state elections, to consider a Group of Ministers (GoM) recommendation to exempt health and term life insurance from GST.

Posted in GST | 468 Views

Daily Wager Faces Rs 1.08 Crore GST Penalty in Shocking Identity Theft Case

20 November 2024 at 09:08

In a startling case of identity theft and GST fraud, Rajendra Kumar Yadav, a daily wager from Dumardiha village in Koderma district, Jharkhand, has been slapped with a ₹1.08 crore penalty notice from the GST and Central Excise Department, Mumbai.

Posted in GST | 1818 Views

Shri K. Sanjay Murthy Appointed as Comptroller and Auditor General of India

20 November 2024 at 09:03

The Ministry of Finance, Department of Economic Affairs, has officially announced the appointment of Shri K. Sanjay Murthy as the Comptroller and Auditor General (CAG) of India.

Posted in Others | 459 Views

GST Fitment Committee Reviews Taxability of Delivery Charges by Food Delivery Apps

20 November 2024 at 09:01

State and central GST officials, forming the fitment committee, are reviewing the tax treatment of delivery charges levied by food delivery platforms like Swiggy and Zomato.

Posted in GST | 573 Views

RBI Warns Public Against Deepfake Videos of Top Officials Offering Financial Advice

20 November 2024 at 09:00

RBI cautions public on deepfake videos of Top Management circulated over social media giving financial advice

Posted in Others | 213 Views

CBDT Chairman Dedicates Taxpayers' Lounge at IITF 2024, Launches Brochures on Direct Taxation

19 November 2024 at 09:01

CBDT releases five informational brochures on various aspects of direct taxation for ease of understanding and taxpayers' facilitation at IITF

Posted in Income Tax | 1989 Views

CBDT Allows Condonation of Delay for Filing Forms 9A, 10, 10B and 10BB for AY 2018-19 Onwards

19 November 2024 at 08:54

CBDT has issued Circular No. 16/2024 dated November 18, 2024, addressing the condonation of delay in filing critical income tax forms Form No. 9A, 10, 10B, and 10BB for the Assessment Year (AY) 2018-19 and subsequent assessment years.

Posted in Income Tax | 3519 Views

CBIC Extends GSTR-3B Filing Deadline for Oct 2024 to Nov 21 for Maharashtra and Jharkhand

19 November 2024 at 08:52

In a move aimed at providing relief to taxpayers, the CBIC has issued Notification No. 26/2024 – Central Tax dated November 18, 2024, extending the due date for filing GSTR-3B returns for the month of October 2024.

Posted in GST | 9381 Views

CBI Arrests Two CBDT Officers in Panaji for Alleged Bribe in Pending Contractor Bills Case

18 November 2024 at 05:13

The Central Bureau of Investigation (CBI) arrested two assistant accounts officers of the CBDT, Pankaj Kumar and Aul Wani, in Panaji on Friday for allegedly demanding and accepting a bribe to clear pending bills of a contractor.

Posted in Income Tax | 4740 Views

Govt Highlights Shift in Tax Burden and Rising Taxpayer Base Over the Last Decade