CAclubindia News

Income Tax Department To Mount Advance Tax E-campaign For FY 2023-24

11 March 2024 at 09:03

As a part of taxpayer service initiative, the Department is undertaking an e-campaign, which aims to intimate such persons/entities of significant financial transactions,through email and SMS

Posted in Income Tax | 5532 Views

CBIC issues circular to foster gender inclusive facilities and encourage women participation in trade

11 March 2024 at 09:01

On International Women's Day, CBIC provisions gender inclusive facilities and encouraging women participation in International Trade through two circulars

Posted in GST | 459 Views

MCA revises threshold limits for value of Assets and Turnover for Combination Filings under Competition Act, 2002

09 March 2024 at 14:41

Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards 'Ease of doing Business'

Posted in Corporate Law | 1032 Views

Govt Announces TDS Exemption for Certain Payments in IFSC Units w.e.f 1st April 2024

09 March 2024 at 09:14

Effective from April 1, 2024, the exemption is poised to incentivize businesses to operate within the IFSC framework, fostering an environment conducive to growth and innovation in the financial services sector.

Posted in Income Tax | 5409 Views

CBDT Extends Due Date for Filing Form No. 26QE for FY 2022-23

09 March 2024 at 09:12

In a move to provide relief to taxpayers, the Central Board of Direct Taxes (CBDT) has issued Circular No. 04/2024 dated March 07, 2024, announcing the ex-post facto extension of the due date for filing Form No. 26QE.

Posted in Income Tax | 4563 Views

State Official Arrested for Accepting Bribe to Issue GST Number

09 March 2024 at 09:12

In a significant crackdown on corruption, the Anti-Corruption Bureau (ACB) has apprehended a state official for allegedly accepting a bribe of ₹3,000 in exchange for issuing a Goods and Services Tax (GST) number.

Posted in GST | 1191 Views

Income Tax Department Issues Update On Option for Filing ITR-U u/s 139(8A)

09 March 2024 at 09:11

The Income Tax Department unveiled a crucial update on March 7, 2024, pertaining to the submission of Updated Income Tax Returns (ITR) under section 139(8A) of the Income Tax Act 1961.

Posted in Income Tax | 4221 Views

GSTN issues Advisory On Integration of E-Waybill system with New IRP Portals

09 March 2024 at 09:10

The Goods and Services Tax Network (GSTN) has issued a crucial advisory aimed at facilitating the smooth integration of the Electronic Waybill (E-Waybill) system with the newly revamped Invoice Registration Portal (IRP).

Posted in GST | 5409 Views

CA Foundation and Intermediate Exams to be held Thrice a Year

08 March 2024 at 09:18

In a historic decision taken by ICAI, Intermediate & Foundation course examinations will now be held thrice a year, in the month of January, May/June and September.

Posted in Students | 22035 Views