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ICAI to implement Multiple Choice Questions, Revaluation in CA Exams

The Institute of Chartered Accountants of India ( ICAI ) is all set to launch multiple choice questions and revaluation in CA Inter, Final exam from...

Govt to Team up with Cost Accountants Institute to provide Training on GST

Former CBIC Chief Vanaja N Sarna appointed as Information Commissioner in CIC

Charitable Entities, Professionals exempted from GST

GST Council slashes Rate on Certain Services

GST Council forms 7 Member GoM to study the Revenue Trend

The GST Council in its 31st meeting held today at New Delhi has approved the proposal to form a 7 Member Group of Ministers to study the revenue trend, including analysing the reasons for structural...

Chartered Accountant Firms can apply for empanelled with CAG Office from January

The Institute of Chartered Accountants of India ( ICAI ) has informed that the Chartered Accountant firms/LLPs who desire to be empanelled with the office of the Comptroller and Auditor General of...

Central Excise Inspector convicted in a Bribery case, Expelled from Service

The Special Judge, North Goa has convicted Sh. Nilesh Thakur, then Inspector, Central Excise, Goa in a bribery case and sentenced him to undergo three years Simple Imprisonment with fine of Rs....

CBI Arrests Three Income Tax Officials in Separate Cases of Bribery

The Central Bureau of Investigation ( CBI ) has arrested three officers of the Income Tax department in separate bribery cases. The CBI arrested an Inspector, Income Tax, Ward No. 42 (3), New Delhi...

GSTN started sharing Data with Tax Authorities

The Goods and Services Tax Network ( GSTN ) has started sharing data with the tax authorities in case of any mismatch in the figures reported in GSTR-1 & GSTR-3B or GSTR-3B and that computed by...

Income Tax Dept to proceed against Bogus Refund Claims

In a bid to prevent the bogus refund claims and evasion, the Income tax department is all set to launch some additional checks against persons who claimed a bogus refund based on fraudulent...

GST Evasion: Two Directors of Two Companies arrested for evading Rs 660 crore

The Goods and Services Tax ( GST ) department, last day arrested two directors of two different firms for evasion of around Rs. 660 crores. The persons were allegedly indulged in availing input tax...

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