CAclubindia News


Major initiatives by Government & RBI for farmers, amid COVID-19

   03 August 2021 at 06:22

Dr Bhagwat Kisanrao Karad stated that the moratorium for the total period of six months up to 31st August 2020, was permitted in respect of all term loans (including agricultural term loans, retail and crop loans).

Posted in Community & General |   1713 Views


CBIC does away with expiry/renewal of Authorised Economic Operator certification after every three years for AEO-T1 entities

   02 August 2021 at 05:59

It has been decided by CBIC that w.e.f. 1st August 2021, all AEO-T1 entities certified on or after 01.04.2019, shall be auto renewed in the system, without any end date.

Posted in Custom |   2634 Views


ICMAI extends the last date for admission to the CAT Course for December 2021 Exams

   02 August 2021 at 05:58

The Institute of Cost Accountants of India has extended the last date for admission to the Certificate in Accounting Technicians (CAT) course for December 2021 exams to 31st August 2021.

Posted in Students |   2601 Views


PM to launch digital payment solution e-RUPI on 2nd August

   02 August 2021 at 05:45

e-RUPI is a cashless and contactless instrument for digital payment. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.

Posted in Community & General |   2184 Views


ICAI President's Message - August 2021

   02 August 2021 at 05:42

CA. Nihar N. Jambusaria - President, ICAI's August 2021 message for members and students.

Posted in Professional Resource  1 comments |   9129 Views


Shri Deepak Das takes charge as new Controller General of Accounts (CGA)

   01 August 2021 at 16:31

Shri Deepak Das, a 1986-batch Indian Civil Accounts Service officer, is appointed by the Government of India as the Controller General of Accounts, Department of Expenditure, Ministry of Finance, with effect from August 1, 2021.  

Posted in Community & General |   1776 Views


Rs. 1,16,393 crore gross GST revenue collected in July 2021

   01 August 2021 at 16:23

The gross GST revenue collected in the month of July 2021 is Rs. 1,16,393 crore of which CGST is Rs. 22,197 crores, SGST is Rs. 28,541 crores, IGST is Rs. 57,864 crore and Cess is Rs. 7,790 crores (including Rs. 815 crores collected on import of goods).

Posted in GST |   2715 Views


ICAI | Clarification on spending of CSR funds for COVID-19 Vaccination by MCA

   01 August 2021 at 07:29

MCA has clarified that spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families is considered to be an eligible CSR activity under items no (i) and (xii) of Schedule VII of the Companies Act, 2013.

Posted in Professional Resource |   6033 Views


GST Audit to Discontinue w.e.f 1st August 2021

   31 July 2021 at 13:03

Starting 1st August 2021, taxpayers will not be required to get their annual accounts audited by a CA/CMA for furnishing an audited reconciliation statement in Form GSTR-9C. 

Posted in GST  5 comments |   20034 Views


CBIC amends Rule 80 of GST Return, Instructions related to GSTR-9 and Form GSTR 9C

   31 July 2021 at 12:55

CBIC has issued the Central Goods and Services Tax (Sixth Amendment) Rules, 2021 under which, amendments have been made under rule 80 relating to Annual Return, instructions related to the filing of GSTR-9 and Form GSTR-9C.

Posted in GST |   7905 Views



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