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ICSI requests MCA for extension of timeline for holding Annual General Meeting due to COVID-19
23 August 2021 at 06:32ICSI has written a representation letter to MCA to extend the timeline for holding of AGM for the year ended 31st March 2021 till 31st December 2021 so as to provide relief to all the companies and stakeholders, keeping in view the COVID-19 pandemic.
New IT Portal now live after emergency maintenance activity by Infosys
23 August 2021 at 06:31In a tweet, at around 9 pm on 22nd August 2021, the Infosys team revealed that the maintenance activity has now been completed and the portal is up and running again.
FM Summons Infosys CEO to explain why glitches on the New IT Portal have not been resolved
22 August 2021 at 17:16Ministry of Finance has summoned Sh Salil Parekh, MD &CEO, Infosys on 23/08/2021 to explain to hon'ble FM as to why even after 2.5 months since launch of new e-filing portal, glitches in the portal have not been resolved.
ICMAI to conduct Model Exam for CMA Foundation students from 25th to 29th August 2021
21 August 2021 at 07:18ICMAI will be conducting an Online - Home Based Model Exam for CMA Foundation students, from 25th to 29th August 2021. Only Eligible candidates for the June 2021 Foundation course examination will be allowed to appear in this Model exam.
ICAI amends Multipurpose Empanelment Form (MEF) - 2021-22 to make it comprehensive and more user friendly
21 August 2021 at 07:17ICAI is upgrading the Multipurpose Empanelment Form for FY 2021-22 to be filled by CA Firms and Members applying for Bank Audits and other assignments. The said form will now be comprehensive and more user friendly and will be made live in October 2021.
EPFO adds 12.83 lakh net subscribers in the month of June 2021
21 August 2021 at 07:17Of the total 12.83 lakh net subscribers, around 8.11 lakh new members have come under the social security coverage of the Employees’ Provident Funds Scheme for the first time. 48% of these additions are in the age group of 18-25 years.
CA Inter and Final Old Course Last Attempt Extended to November 2021 Exams
20 August 2021 at 21:20ICAI has extended the last attempt to appear in the CA Inter and Final Old Course Examination to November 2021 for all the students of these courses irrespective of their opting out of the May 2021 examination cycle or not.
CBDT notifies new Rule 12AA
20 August 2021 at 15:19CBDT has released the Income-tax (24th Amendment) Rules, 2021 in order to amend the Income-tax Rules, 1962. Under the amended rules, a new Rule 12AA has been inserted after Rule 12A and a new Rule 51B has also been inserted after Rule 51A.
Glitches in the New IT Portal expected to be solved in 2-3 weeks - FM
18 August 2021 at 05:49ANI, on 16th August 2021 tweeted from their official Twitter handle that FM Nirmala Sitharaman has committed to fixing all technical glitches on the New Income tax Portal in the next 2-3 weeks.
Avoidance of GST by E-commerce Companies
17 August 2021 at 05:46CAIT has sent an important communication to all CM's drawing their attention towards GST avoidance by e-commerce players causing huge loss of GST revenue to the government and also urged support for E-Commerce Rules under the Consumer Protection Act.
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