The Accounting Standards Board of ICAI has issued the Exposure Draft of proposed amendments to Ind AS 116, Leases, for public comments with the last date as April 17, 2021.
4.20 crore PMMY loans sanctioned in 2020-21 and Rs. 2.66 lakh Crore sanctioned in FY 2020-21 (As on 19.03.2021). The average ticket size of the loans is about Rs 52,000/-
ICAI clarifies that a student can put "DISA (ICAI)" designation on successful completion of the DISA course offered by ICAI. However, no such designation is given on completion of the Forensic Accounting & Fraud Detection course.
RBI has specified Category I AIFs set up as trust and registered with SEBI under Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012, as ‘qualified buyers’ subject to certain conditions.
Promulgated by the President in the Seventy-second Year of the Republic of India, listed in this news piece is an Ordinance further to amend the Insolvency and Bankruptcy Code, 2016.
New Functionalities made available for Taxpayers on GST Portal during March 2021 with regard to Registration, Returns, Refunds, Audit, Front Office and Webinars.
FM talked about thematic priorities for New Development Bank for discussion during 2021 and the issues of membership expansion. She also called for greater coordination among BRICS member countries on the issues of 16th general review of Quotas of IMF.
Notified taxpayers who are reporting e-invoices, are hereby advised not to wait for the complete auto-population, and instead proceed with preparation and filing of GSTR-1 for March, 2021 (by the due date), based on actual data as per their records.
The growth forecast for India in FY 2021-22 have been pegged above 10% by the World Bank, IMF and several global research organisations underscoring that India will continue to remain an attractive investment destination in the near future.
The Institute of Company Secretaries of India has created a unique platform to deliberate upon crucial aspects of modules and subjects and clarify academic queries of students in a streamlined manner by Academic Officers and Expert Faculties.