CAclubindia News

ICSI issues clarification w.r.t amendments in ICSI UDIN Guidelines, 2019

08 October 2021 at 06:27

In view of the difficulties in observance of the guidelines, the Competent Authority of the Institute has approved generation of UDIN by the members w.e.f. 7th October 2021. Moreover, the generation of UDIN shall be mandatory for e-form MGT-7 only.

Posted in Professional Resource | 2232 Views

GoI releases Rs 40,000 crore to States/ UTs with Legislature in-lieu of GST compensation shortfall

08 October 2021 at 06:21

This release of Rs 40,000 crore is funded from borrowings of GoI in 5-year securities, totalling Rs 23,500 crores and 2-year securities for Rs 16,500 crore issued in the current FY, at a Weighted Average Yield of 5.69 and 4.16% p.a. respectively.

Posted in GST | 1575 Views

ICAI re-opens the online filling up of examination application forms for December 2021 CA Exams

08 October 2021 at 06:20

ICAI has decided to re-open the online filling up of examination application forms for December 2021 CA Exams. These will be re-opened for two days, starting from 11th October 2021 (12:01 AM) till 12th October 2021 (11:59 PM).

Posted in Students | 4890 Views

CBDT issues refunds to more than 53.54 lakh taxpayers from 1st April to 4th October, 2021

06 October 2021 at 20:10

Income tax refunds of Rs. 20,510 crore have been issued in 51,88,762 cases &corporate tax refunds of Rs. 61,719 crore have been issued in 1,65,397 cases. This includes 24.73 lakh refunds of AY 2021-22 amounting to Rs. 1903.05 crore.

Posted in Income Tax | 1 comments | 1557 Views

Post-implementation Review of IFRS 9-Classification and Measurement

06 October 2021 at 05:44

ICAI has opened the Request for Information: Post-implementation Review of IFRS 9 - Classification and Measurement for comments. Comments on the same may be sent to ICAI electronically, or via email or post by 10th December 2021.

Posted in Accounts | 4365 Views

Seychelles' Tax Inspectors Without Borders (TIWB) programme launched in partnership with India

05 October 2021 at 05:50

Tax Inspectors Without Borders, a joint initiative of the United Nations Development Programme and the Organisation for Economic Cooperation and Development, launched its programme in Seychelles on 4th October 2021.

Posted in Professional Resource | 1509 Views

Resumption of Blocking of E-Way Bill (EWB) generation facility

05 October 2021 at 05:48

The blocking of EWB generation facility has now resumed on the EWB portal for all the taxpayers. Going forward, from the tax period August 2021 onwards, the System will periodically check the status of returns filed in Form GSTR-3B.

Posted in GST | 3234 Views

Government takes note of the data trove in the Pandora Papers leak

05 October 2021 at 05:48

On 3rd October 2021, the International Consortium of International Journalists (ICIJ) has come out with what is claimed to be a 2.94 terabyte data trove that exposes the offshore secrets of wealthy elites from more than 200 countries and territories.

Posted in Income Tax | 1623 Views

Rescheduled Intermediate and Final Schedule for Merged December 2021 CMA Exams

04 October 2021 at 05:45

Application Forms for CMA Intermediate and Final Examination has to be filled up online only and fees will be accepted through online mode only (including Payfee Module of IDBI Bank).

Posted in Students | 3288 Views

Shri Piyush Goyal calls CA fraternity to work on Mission Mode for creating standards in transparency

04 October 2021 at 05:44

The Commerce Minister said $5 trillion economy is a bold ambition & every Indian has to contribute in making it possible and make it a mass movement. He further adds - "CAs will play a pivotal role in Catalyzing Reform & Creating Value".

Posted in Professional Resource | 1749 Views