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CBDT issues refunds to more than 59.51 lakh taxpayers from 1st April to 11th October 2021

   14 October 2021 at 06:09

Income tax refunds of Rs. 22,214 crore have been issued in 57,83,032 cases & corporate tax refunds of Rs. 62,567 crore have been issued in 1,67,718 cases. This includes 29.23 lakh refunds of AY 2021-22 amounting to Rs. 2241.39 crore.

Posted in Income Tax |   1542 Views


1 arrested by Delhi CGST Officials for fraudulently claiming ITC of Rs 134 crore

   14 October 2021 at 06:09

Mr Chirag Goel masterminded a deep-rooted conspiracy to defraud the Government and committed offences specified under Section 132(1)(c) of the CGST Act, 2017 which are cognizable and non-bailable. 

Posted in GST |   3774 Views


June 2021 CS Exam Results to be declared on 13th October 2021

   13 October 2021 at 08:09

The result of CS Examinations for (i) Professional Programme (ii) Executive Programme and (iii) Foundation Programme, June 2021 session is scheduled to be declared at 11.00 A.M., 2.00 P.M. and 4:00 P.M. respectively on Wednesday, the 13th October 2021.

Posted in Students |   1749 Views


Union minister for MSMEs calls for concerted efforts to enhance growth of MSME sector

   13 October 2021 at 08:09

Shri Narayan Rane has exhorted the officers of MSME Ministry to brace up for enhancing the output of MSME sector. He pointed towards the possibility of quantum jump in India’s exports through MSME sector, which can lead to achieving higher GDP. 

Posted in Corporate Law |   1527 Views


Total Revenue Deficit Grant of Rs. 69,097.00 crore released to States in current financial year

   12 October 2021 at 21:59

The Department of Expenditure, Ministry of Finance has released the 7th monthly instalment of the PDRD Grant of Rs. 9,871.00 crore to the States.  With the release of this instalment, a total amount of Rs. 69,097.00 crore has been released.

Posted in Community & General |   1392 Views


72nd Annual Report and Accounts of ICAI for the year 2020-21

   11 October 2021 at 09:39

ICAI has published the 72nd Annual Report and Accounts of the Institute for the year 2020-21 in the Gazette of India. Moreover, members can also request a hard copy by emailing the Council at councilaffairs@icai.in.

Posted in Professional Resource |   5124 Views


Chief Economic Advisor steps down, says "Will Return back to Academia"

   09 October 2021 at 06:18

While being conscious of the enormous privilege bestowed on me, I will happily return back to serving the country as a researcher after fulfilling my three-year commitment. - K V Subramanian.

Posted in Community & General |   1338 Views


Tata Sons Wins Air India Bid For Rs. 18,000 Crore

   09 October 2021 at 06:17

The next step will be to issue the Letter of Intent (LoI) and then sign the Share Purchase Agreement following which, the conditions precedent would need to be satisfied by the successful bidder, the company and Government.

Posted in Community & General |   2607 Views


CS Foundation Exam to be conducted on 3rd and 4th January 2022 - Check Schedule Now

   09 October 2021 at 06:11

The next CS Foundation Programme Examination for December 2021 Session will be held on 3rd and 4th January 2022 in anywhere mode through remote proctoring.

Posted in Students |   1458 Views


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 |   2238 Views



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