It may be noted that specific 6-digit HSNs, as available in the HSN/Customs Tariff (with corresponding description of goods) are allowed in the system. It also follows that the declaration of HSN at 4/6 Digits has to be out of valid HSN codes only.
ICMAI has decided that Practical Training, which is to be completed before appearing for the CMA Final Examination is hereby exempted for the June 2021 Term of Final Examination due to the COVID-19 pandemic situation.
Extension of Cut-off date for conversion from Earlier Scheme to Revised Scheme to appear in May/June 2021 Examinations at all levels - 12th April, 2021.
The Young Professionals are expected to contribute to the Internal Research requirements of the Ministry of Corporate Affairs in the R & A Division by analyzing & processing MCA21 data.
All institutions, funds etc, covered under clause (i) and (iv) of the first proviso to section 10(23C) are required to re-register by using modified Form-10A.
Discussing 9 important decisions taken by the Council of the ICSI at its meeting held during 26th & 27th March, 2021.
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 promulgated on 4th April 2021 provides for a pre-packaged insolvency resolution process (PPIRP) for corporate debtors classified as micro, small and medium enterprises.
The Finance Minister urged World Bank to explore the possibility to sustain crisis response keeping in mind debt sustainability of vulnerable countries and financial sustainability of the WBG.
It has been decided to grant an extension of time for successful completion of MCBT up to 31st December 2021 to the practising members who have taken COP during the period 1st February 2019 to 31st March 2021.
The provisional figures of Direct Tax collections for the Financial Year 2020-21 show that net collections are at Rs. 9.45 lakh crore.