CAclubindia News

FM Nirmala Sitharaman exhorts banks to plan for next 25 years

17 September 2022 at 07:29

Banking sector has to make a big contribution to making India a developed nation by 2047: Union Finance Minister Smt. Nirmala Sitharaman at 75th AGM of Indian Banks' Association

Posted in Others | 1893 Views

MCA revises threshold for paid up capital of small companies

17 September 2022 at 07:29

Latest revision to facilitate Ease of Doing Business further and reduce compliance burden on "small companies"

Posted in Corporate Law | 3780 Views

MCA amends definition of small company

16 September 2022 at 17:23

For the purposes of sub-clause (i) and sub-clause (ii) of clause (85) of section 2 of the Act, paid up capital and turnover of the small company shall not exceed rupees four crore and rupees forty crore respectively

Posted in Corporate Law | 6666 Views

CBDT notifies Form 52A & Rule 121A to be furnished u/s 285B for producers of cinematograph films

16 September 2022 at 08:46

Form of statement to be furnished by producers of cinematograph films or persons engaged in specified activity.

Posted in Income Tax | 3792 Views

FM Nirmala Sitharaman chairs 26th meeting of the Financial Stability and Development Council

16 September 2022 at 08:46

The 26th Meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in Mumbai

Posted in Others | 1191 Views

RBI releases Handbook of Statistics on the Indian Economy 2021-22

16 September 2022 at 08:46

Reserve Bank released its annual publication titled "Handbook of Statistics on the Indian Economy, 2021-22" (HBS).

Posted in Others | 5127 Views

ICAI extends last date for online empanelment of members to act as observers for Nov/Dec 2022 CA exams upto 20th September

16 September 2022 at 08:46

It has been decided to extend the Last date of online empanelment of members to act as observers at the examination centres for the Chartered Accountants’ Examinations, November/ December 2022, up to 20th September 2022.

Posted in Students | 6882 Views

GST collections likely to cross Rs. 1.5 lakh crore from November

15 September 2022 at 08:44

FM on Wednesday spoke about Prime Minister Narendra Modi's "special mention" of robust GST revenues as a sign of a sound economy, while the revenue department set a new target of ₹1.50 lakh crore monthly collections from November this year

Posted in GST | 1 comments | 3351 Views

Banks exempted from 10% TDS for one-time loan settlements

15 September 2022 at 08:44

TDS won't be applicable on one-time loan settlement with borrowers/waiver of loan granted on reaching settlement with the borrowers by institutions such as public financial institutions, scheduled banks

Posted in Income Tax | 1 comments | 4698 Views

FM urges GST officials to utilize technologies to identify fraudulent practices

15 September 2022 at 08:44

We need to better utilize AI, data-analytics, IoT and other technologies to identify fraudulent practices, such as detection of tax evasion and better train officials on these aspects: Nirmala Sitharaman

Posted in GST | 2577 Views