CAclubindia News

Expert Committee on Variable Capital Company submits its report to the IFSCA

01 June 2021 at 22:28

Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on the feasibility of Variable Capital Companies in the International Financial Services Centres to the Chairperson of IFSCA, Shri. Injeti Srinivas.

Posted in Others | 1176 Views

ICAI declares the Result of the online Examination of the Certificate Course on Derivatives held on 22nd May 2021

01 June 2021 at 18:04

Result of the online Examination of the Certificate Course on Derivatives held on 22nd May 2021 has been declared by ICAI. As such, 47 candidates have cleared the examination.

Posted in Students | 1335 Views

ICAI invites comments on the Chartered Accountants (Amendment) Regulations, 2021

01 June 2021 at 17:58

ICAI on 27th May 2021 notified the Chartered Accountants (Amendment) Regulations, 2021. Thus, ICAI has now invited comments on the Chartered Accountants (Amendment) Regulations, 2021 which may be sent by email to - comments.bosrba@icai.in.

Posted in Professional Resource | 1761 Views

ICAI releases Exposure Draft for Amendments to the Guidance Note on Accounting for Derivative Contracts w.r.t. IBOR Phase 2 Replacement Issues

01 June 2021 at 17:51

ICAI has invited comments on the Exposure Draft and the same may be submitted to ICAI via email, post or electronically, so as to be received no later than June 21, 2021.

Posted in Professional Resource | 1182 Views

ICAI President's Message - June 2021

01 June 2021 at 17:45

CA. Nihar N. Jambusaria - President, ICAI's June 2021 message for members and students.

Posted in Professional Resource | 10800 Views

RBI clarifies banks cannot prohibit dealing in cryptocurrency

01 June 2021 at 06:33

RBI has issued a clarification for banks and the general public at large, stating that its earlier circular on the prohibition of usage of virtual currencies is no longer valid as the same was set aside by the Supreme Court on 4th March 2020.

Posted in Others | 9060 Views

CBDT member JB Mohapatra handed over the charge of Chairman

01 June 2021 at 06:29

Upon completion of his tenure, here is the outgoing Chairman CBDT, Sh. PC Mody handing over the charge of Chairman, CBDT to Sh. JB Mohapatra, Member, CBDT, who will hold the charge in addition to his regular duties.

Posted in Income Tax | 1461 Views

Extension of ICSI ECSIN Amnesty Scheme 2021 till 15th June 2021

01 June 2021 at 06:24

The Institute in view of the unprecedented conditions has decided to extend the ICSI ECSIN Amnesty Scheme 2021 till June 15, 2021.

Posted in Professional Resource | 1086 Views

Govt. exempts Amphotericin B used to treat Black Fungus from Customs Duty

01 June 2021 at 06:19

The Finance Ministry on 31st May 2021 exempted the Customs Duty on "Amphotericin B" that is used to treat Mucormycosis, commonly known as Black Fungus, till 31st August 2021.

Posted in Custom | 1428 Views

CBIC notifies Ad hoc Customs Exemption on Imports of COVID-19 relief material Donated from Abroad

01 June 2021 at 06:13

Earlier, this exemption was notified till 30th June 2021, however, considering the drastic impact of the second wave of the COVID-19 pandemic, the Central Government on 31st May 2021 extended the same to 31st August 2021.

Posted in Custom | 1437 Views