CAclubindia News
Total Revenue Deficit Grant of Rs. 39,484 crore released to States in the current financial year
09 July 2021 at 05:43With the release of the instalment of Rs. 9,871 crore, a total amount of Rs. 39,484 crore has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year.
Smt. Anupriya Patel takes charge as Minister of State of Ministry of Commerce and Industry
09 July 2021 at 05:43Smt. Anupriya Patel was elected to the Lok Sabha, from the constituency of Mirzapur in 2014 and again in 2019. She was also the Minister of State in the Ministry of Health and Family Welfare, Government of India, from 2016 to 2019.
ICAI amends Form 18 - Particulars of Offices and Firms
09 July 2021 at 05:43Under the amended Form 18, ICAI has allowed Multi Disciplinary Partnership Firms together with the partnership of CAs with CMAs, CSs, advocates, Engineers, Architects and MBAs.
Dr Bhagwat Kishanrao Karad takes charge as Minister of State in the Ministry of Finance
09 July 2021 at 05:32Dr Karad is a first time member of the Rajya Sabha. Active in public service, he has served as Mayor of Aurangabad Municipal Corporation and also as Chairman of Marathwada Legal Development Corporation.
Response from Ministry of Finance on reports relating to freezing of Indian assets in France
09 July 2021 at 05:32There have been news reports that Cairn Energy has seized/ frozen State owned property of Government of India in Paris. However, Govt. of India has not received any notice, order or communication, in this regard, from any French Court.
CBDT issues refunds to more than 17.92 lakh taxpayers between 1st April to 5th July, 2021
08 July 2021 at 17:04Income tax refunds of Rs. 10,408 crore have been issued in 16,89,063 cases & corporate tax refunds of Rs. 26,642 crore have been issued in 1,03,088 cases.
Retail and Wholesale Trade are now allowed to migrate to Udyam Registration Portal
08 July 2021 at 10:57The Ministry of MSME earlier notified that Retail and Wholesale Trade will now be included under the ambit of MSMEs. In this regard, RBI has notified that Retail and Wholesale Trade are now allowed to migrate to the Udyam Registration Portal.
CBDT notifies amendment in the computation of short term capital gains
08 July 2021 at 05:42CBDT has released the Income Tax Amendment (19th Amendment), Rules, 2021 under which an amendment has been notified in the computation of short term capital gains and written down value under section 50 where depreciation on goodwill has been obtained.
Launch of online filing of application for Authorised Economic Operators (AEO T2 and AEO T3)
07 July 2021 at 21:00The new version (V 2.0) of the web application is designed to ensure continuous real-time and digital monitoring of physically filed AEO T2 and AEO T3 applications for timely intervention and expedience.
ICAI signs MoU with Qatar Financial Centre (QFC) for export of accounting services to Qatar
07 July 2021 at 06:22ICAI has signed an MOU with Qatar Financial Centre (QFC) for the export of accounting services to Qatar and & exploring professional and business opportunities for ICAI members through collaborative initiatives.
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