CAclubindia News

MoS Finance Bhagwat Karad asks Banks to focus on Aspirational Districts yet to attain financial inclusion target

17 September 2021 at 05:52

PMJDY accounts reached everyone, even if the accounts were zero balance accounts. Even people who hesitated to enter the mainstream were also brought in and given confidence, with opening of their accounts, disbursing of RuPay Cards and insurance cover.

Posted in Others | 1164 Views

GSTN issues advisory on generation of EWB where the principal supply is Supply of services

16 September 2021 at 20:27

In cases where the principal supply is purely a supply of service, the e-way bill is not required to be generated. However, in cases where along with the principal supply of service, movement of some goods is also involved, e-way bill may be generated.

Posted in GST | 4854 Views

ICSI introduces Best PCS Firm Award

16 September 2021 at 11:20

In recognition of the contribution made by firms of Company Secretaries in Practice in promoting good corporate governance, the Institute of Company Secretaries of India has introduced the ICSI BEST PCS FIRM AWARD.

Posted in Professional Resource | 1926 Views

ICAI provides Relaxation in Study Period for students appearing in May 2022 CA Inter Exams after passing July 2021 CA Foundation Exams

16 September 2021 at 08:36

ICAI has announced that students who have cleared the July 2021 Foundation Examination are required to register in the Intermediate Course till November 1, 2021, in order to appear in the May 2022 Intermediate Examination.

Posted in Students | 5124 Views

India and Singapore to link their Fast Payment Systems - Unified Payments Interface and PayNow

16 September 2021 at 08:35

The UPI-PayNow linkage will enable users of each of the two fast payment systems to make instant, low-cost fund transfers on a reciprocal basis without a need to get onboarded onto the other payment system.

Posted in Others | 1248 Views

DGGI Gurugram arrests 3 persons, including mastermind, commission agent and CA in racket of fictitious firms involving fake ITC of 121 crore

16 September 2021 at 05:42

From the investigation conducted till date, it has been established that one of the arrested persons has created at least 13 firms and has been involved in availing and passing on of a total fraudulent ITC of Rs 121 crore.

Posted in GST | 2445 Views

Glitches on the New IT Portal not yet resolved even on the date of FM's deadline

15 September 2021 at 14:19

The Finance Minister’s September 15, 2021 deadline for the Bengaluru-based IT Solutions Company Infosys to fix the glitches in the Income Tax Portal for a seamless operation and filing of returns still remains a distant dream.

Posted in Income Tax | 7 comments | 7473 Views

11 States meet the target for capital expenditure in Q-1 of 2021-22

15 September 2021 at 05:48

Out of the net borrowing ceiling (NBC) of 4% of GSDP for the States for 2021-22, 0.50 percent of GSDP was earmarked for incremental capital expenditure to be incurred by the States during 2021-22.

Posted in Others | 1338 Views

ICAI grants exemption of CA Course fee for students who have lost their any parent during the COVID-19 pandemic

15 September 2021 at 05:48

ICAI has announced that the registration fee at all levels would be exempted for such students who have lost their any parent from 1st April 2020 to 31st March 2023 after submission of requisite documents while registering in the CA Course.

Posted in Students | 1476 Views

ACAE Request for extension of timelines for holding AGM under the Companies Act, 2013

14 September 2021 at 06:01

The Association of Corporate Advisors and Executives has written a representation letter to MCA for the extension of timelines for holding Annual General Meeting under the Companies Act, 2013 for the FY ended 31.03.2021, due to the COVID-19 outbreak.

Posted in Corporate Law | 3348 Views