CAclubindia News


Compliance Check Functionality for Section 206AB & 206CCA of Income-tax Act 1961

   10 June 2022 at 08:48

Section 206AB and 206CCA of the Income-tax Act,1961 (effective from 1st July 2021 and amended via Finance Act, 2022), imposed higher TDS/TCS rate on the "Specified Persons"

Posted in Income Tax |   5337 Views


MCA notifies Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022

   10 June 2022 at 08:48

MCA on June 9, 2022, has issued The Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022 to further amend The Companies Rules, 2016.

Posted in Corporate Law |   2247 Views


ICAI issued Technical Guide on Financial Statements of Non-Corporate Entities

   10 June 2022 at 08:48

For the purpose of applicability of Accounting Standards to non-company entities, scheme for classification of non-company entities into four levels, viz., Level I, Level II, Level III and Level IV was prescribed by the ICAI.

Posted in Accounts |   9012 Views


Admit cards of CA Foundation Exams June 2022 released

   09 June 2022 at 14:51

Admit cards in respect of candidates admitted to the Foundation examination with their photographs and signatures on them, are hosted on https://icaiexam.icai.org/

Posted in Students |   4437 Views


GST, IBC reforms to push growth after current challenges dissipate, says Chief Economic Advisor

   09 June 2022 at 10:27

In his address during the AKAM celebrations, Chief Economic Advisor Dr Anantha V. Nageswaran said that the structural reforms of this Government, such as the GST and the IBC will manifest their advantages and potential in the coming decade

Posted in GST |   1599 Views


ICAI celebrates 'Azadi ka Amrit Mahotsav'- "ICONIC DAY"

   09 June 2022 at 09:58

Aims to further Strengthen Financial and Tax Literacy Education in the country and support Sustainable Ecosystem in India

Posted in Professional Resource |   2196 Views


CBDT's e-book "Aarohan" released by Dr. Jitendra Singh

   09 June 2022 at 08:43

Union Minister of State (Independent Charge) Dr. Jitendra Singh releases CBDT’s e-book "Aarohan"

Posted in Income Tax |   2022 Views


IT Department clarifies rate of TDS on VDA continues to be 1%

   09 June 2022 at 08:43

The IT department on Wednesday clarified that the TDS on virtual digital assets continues to be 1%.

Posted in Income Tax |   9057 Views


ICAI releases Exposure Draft Guidance Note on CARO 2020

   08 June 2022 at 14:20

The Central Government, in exercise of the powers conferred, under sub-section (11) of section 143 of the Companies Act, 2013 (hereinafter referred to as "the Act"), issued the Companies (Auditor's Report) Order, 2020

Posted in Corporate Law |   5031 Views


RBI allows linking of credit cards to UPI payments

   08 June 2022 at 11:28

To begin with, the Rupay credit cards will be linked to the UPI platform. This will provide additional convenience to users and enhance the scope of digital payments.

Posted in Others |   1887 Views