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ICAI Concludes 26th Council and 25th Regional Councils Elections

December 30, 2024 3342 Views 0 comment Print

ICAI concludes its 26th Central and 25th Regional Council elections. The new term will start on February 12, 2025, with 32 Central and 64 Regional Council members.

उत्तर प्रदेश बार काउंसिल साक्षात्कार प्रक्रिया 2025

December 29, 2024 19413 Views 1 comment Print

जानें उत्तर प्रदेश बार काउंसिल की 2025 साक्षात्कार प्रक्रिया, पंजीयन, सत्यापन, और जोन-वाइज इंटरव्यू शेड्यूल की पूरी जानकारी।

CA Final Exam Results for November 2024 – Toppers & Pass Percentage

December 27, 2024 18912 Views 0 comment Print

ICAI announces the results of the Chartered Accountants Final Examination November 2024, with 11,500 students qualifying. Top rank holders also named.

Compliance Audit Reveals Gaps in Income Tax Demand Recovery

December 27, 2024 1206 Views 0 comment Print

CAG’s audit highlights inefficiencies in recovering ₹8.5 lakh crore of outstanding income tax demands. Key issues: inflated demands, delays, and systemic gaps.

Review Of IFSCA (Fund Management) Regulations, 2022

December 27, 2024 930 Views 0 comment Print

Key changes in IFSCA (Fund Management) Regulations, 2022 include ease of doing business, reduced scheme corpus, revised KMP requirements, and investor safeguards.

Guidelines for CSR Fund Utilization by Companies

December 27, 2024 7248 Views 0 comment Print

Overview of CSR guidelines under the Companies Act, 2013, monitoring mechanisms, and lack of special provisions for local community development in Jharkhand.

Extradition of Loans/Tax Offenders

December 27, 2024 651 Views 0 comment Print

India has extradition treaties with 48 countries. Details of loan and tax offenders and extradition arrangements were shared in the Rajya Sabha on Dec 17, 2024.

Increase Of Taxes On Tobacco Products

December 27, 2024 1668 Views 0 comment Print

Govt clarifies tax increase on tobacco products, citing changes in excise duty on cigarettes and GST rules. Revenue funds overall govt programs, not cancer-specific.

Indexation Removal on LTCG Tax: Govt Clarifies Impact

December 27, 2024 5250 Views 0 comment Print

Govt rationalizes long-term capital gains tax, reducing rates to 12.5% and simplifying holding periods. Relief provided for pre-July 2024 property gains.

Income Tax Return Filers in India: Key Data & Trends

December 27, 2024 7743 Views 0 comment Print

The Government’s report on income tax return filings, including the percentage of filers, income categories, zero income declarations, and measures to expand the tax base.

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