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ICAI | Exposure Draft of COVID-19 Related Rent Concessions beyond June 30, 2021

   07 April 2021 at 16:51

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.

Posted in Professional Resource |   1323 Views


More than 28.68 crore loans for an amount of Rs 14.96 lakh crore sanctioned since launch of the PMMY

   07 April 2021 at 14:19

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/-

Posted in Others |   780 Views


ICAI | Information regarding Certificate/ Diploma Course conducted by the institute

   07 April 2021 at 11:15

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.

Posted in Students  1 comments |   2085 Views


RBI specifies Category-I AIFs set up as trust as qualified buyers

   07 April 2021 at 04:53

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.

Posted in Others |   2019 Views


President promulgates IBC (Amendment) Ordinance, 2021

   06 April 2021 at 21:02

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.

Posted in Corporate Law |   2319 Views


GST Portal: New Taxpayer functionalities deployed during March 2021

   06 April 2021 at 20:43

New Functionalities made available for Taxpayers on GST Portal during March 2021 with regard to Registration, Returns, Refunds, Audit, Front Office and Webinars.

Posted in GST  2 comments |   7674 Views


India hosted a Virtual Meeting of BRICS Finance Ministers & Central Bank Governors today on 6th April 21

   06 April 2021 at 19:13

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. 

Posted in Others |   885 Views


GSTN issues advisory to file GSTR-1 for March 21 without waiting for auto-population of e-invoices

   06 April 2021 at 15:12

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.

Posted in GST  2 comments |   8487 Views


Rs 2,74,034 crore FPI inflows in Indian equity markets

   06 April 2021 at 11:26

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.

Posted in Others |   945 Views


ICSI gives opportunity to students to interact directly with ICSI Academic Officers and Experts

   06 April 2021 at 05:29

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.

Posted in Students |   1389 Views



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