CAclubindia News
Advisory on HSN and GSTR-1 Filing
27 August 2021 at 05:55In accordance with Notification No. 78/2020 - Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1st April 2021.
Implementation of Rule-59(6) on the GST Portal
27 August 2021 at 05:50This Rule will be implemented on GST Portal from 1st September, 2021. On implementation of the said Rule, the system will check that whether before the filing of GSTR-1/IFF of a tax-period, the following has been filed or not.
RBI extends the scope of tokenisation to include consumer devices like laptops, desktops, wearables etc.
26 August 2021 at 05:47On a review of the framework and keeping in view stakeholder feedback, it has been decided to extend the scope of tokenisation to include consumer devices – laptops, desktops, wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc.
Cabinet approves MoU between ICAI and Institute of Professional Accountants of Russia (IPAR)
25 August 2021 at 18:24The proposed MoU aims to strengthen cooperation in matters of accountancy profession through exchange of views, information in respect of Professional Accountancy Training, Professional Ethics, Technical Research, Professional Development of Accountants.
2 more arrested by DGGI Gurugram Unit for ITC fraud
25 August 2021 at 18:22DGGI has arrested, Sh Manish Modi, Chartered Accountant, resident of Pitam Pura, New Delhi, on charges of creation of running racket of fake firm in order to fraudulently pass on fake Input Tax Credit (ITC), without actual supply of goods or services.
Bank Employees Family Pension to be increased to 30% of last pay drawn
25 August 2021 at 18:20GoI has approved the Indian Banks' Association’s (IBA) proposal to increase the family pension to 30% of last salary drawn. This move would make family pension go up to as much as Rs 30,000 to Rs 35,000 per family of bank employees.
CS Results to not be out on 25th August 2021, clarifies ICSI
25 August 2021 at 17:47Please avoid all fake news of declaration of results on 25th August, 2021. ICSI will announce the date of result of CS Executive & Professional Examinations, held in August, 2021.
FM Smt. Nirmala Sitharaman says Industry should come forward and take more risks
25 August 2021 at 05:54FM emphasised on the importance of Government and Industry working together to ‘create India’s own equity capital’. She also emphasised on identifying how the sunrise sectors and start-ups can contribute to the future of India.
Government cautions stakeholders as 348 companies fail to meet requisite criteria for declaration as Nidhi company
24 August 2021 at 17:53Companies have been applying to the Central Government for declaration as Nidhi under the CA, 2013 but of the 348 number of forms scrutinized upto 24.08.2021 not a single company could satisfy the requisite criteria for the same.
FM Nirmala Sitharaman sets 15th September as deadline for Infosys to resolve issues in the new IT Portal
23 August 2021 at 21:08The Finance Minister demanded that the issues faced by taxpayers on current functionalities of the portal should be resolved by the team by 15th September, 2021 so that taxpayers and professionals can work seamlessly on the portal.
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