CAclubindia News

CBDT inserts new Rule 9D - Calculation of Taxable Interest Relating to Contribution in a Provident Fund

02 September 2021 at 06:04

CBDT has inserted a new Rule 9D after Rule 9C which lays down provisions for Calculation of Taxable Interest Relating to Contribution in a Provident Fund or Recognised Provident Fund, Exceeding the Specified Limit.

Posted in Income Tax | 8094 Views

Atal Pension Yojana total enrolments crossed 3.30 crore

02 September 2021 at 06:03

Under the Atal Pension Yojana, a guaranteed pension scheme of GoI and administered by PFRDA, more than 28 lakh new APY accounts have been opened during the current FY 2021-22. Overall, enrolments under APY has crossed 3.30 crore as on 25th August 2021.

Posted in Others | 1776 Views

Rs. 1,12,020 crore of gross GST revenue collected in August 2021

01 September 2021 at 19:35

The gross GST revenue collected in the month of August 2021 is Rs. 1,12,020 crore of which CGST is Rs. 20,522 crore, SGST is Rs. 26,605 crore, IGST is Rs. 56,247 crore and Cess is Rs. 8,646 crore.

Posted in GST | 1812 Views

FM Nirmala Sitharaman says improvement in health infrastructure will lead to confidence in revival of economy

01 September 2021 at 05:50

FM said that the second wave of COVID-19 pandemic sharply brought the need to focus and strengthen our medical and healthcare infrastructure so that we emerge stronger from any such healthcare crisis.

Posted in Others | 1 comments | 1257 Views

Monthly Review of Accounts of Union GoI upto the month of July 2021 for FY 2021-22

01 September 2021 at 05:49

GoI has received Rs. 6,83,297 crore upto July, 2021 comprising Rs. 5,29,189 crore Tax Revenue, Rs. 1,39,960 crore of Non Tax Revenue and Rs. 14,148 crore of Non Debt Capital Receipts. Total Expenditure incurred is Rs. 10,04,440 crore.

Posted in Others | 1281 Views

Finance Ministry releases Rs 13,385.70 Crore Grant-in-aid For Rural Local Bodies

01 September 2021 at 05:49

Ministry of Finance has on Monday released an amount of Rs. 13,385.70 crore to 25 States for providing grants to the Rural Local Bodies. This Grant-in-aid is the 1st installment of Tied grants of the year 2021-22.

Posted in Others | 1236 Views

ICAI | Exposure Draft of Revised AS 36, Impairment of Assets

31 August 2021 at 19:52

ICAI has released the Exposure Draft of Revised AS 36 - Impairment of Assets for public comments. Comments on the above mentioned ED may be sent electronically or via email or post so as to reach the institute latest by 30th September 2021.

Posted in Professional Resource | 1959 Views

CBIC further extends the exemption from Customs Duty/Health Cess on Import of Covid Relief Items

31 August 2021 at 16:10

CBIC via Notification No. 41/2021 - Customs dated 30th August 2021 has further extended the exemption from Customs Duty/Health Cess on the Import of Covid Relief Items, including Covid 19 Vaccine and Oxygen Related Equipment.

Posted in Custom | 1875 Views

Date for Filing Application for Revocation of Cancellation of Registration Extended

31 August 2021 at 05:52

Where the due date of filing of application for revocation of cancellation of registration falls between 1st March 2020 to 31st August 2021, the time limit for filing such application has been extended up to 30th September 2021.

Posted in GST | 2 comments | 8703 Views

CBIC extends the timeline for filing of the application for revocation of cancellation of registration

30 August 2021 at 08:57

CBIC has extended the timelines for filing of application for revocation of cancellation of registration to 30th September 2021, where the due date falls between 01.03.2020 to 31.08.2021.

Posted in GST | 2586 Views