CAclubindia News
GSTN | New functionality on Annual Aggregate Turnover deployed on GST Portal for taxpayers
27 July 2021 at 20:05The taxpayers can now see the exact Annual Aggregate Turnover for the previous FY, instead of just the two slabs of Above or Upto Rs. 5 Cr. Taxpayers can also see the AATO of the current FY based on the returns filed to date.
Financial assistance towards MSMEs
27 July 2021 at 06:33In view of the challenges faced by taxpayers due to the outbreak of COVID-19, the Government of India has taken several taxation related measures for MSMEs. Financial Assistance has also been provided to MSMEs.
ICAI releases the 12th edition of the Code of Ethics for its Members
27 July 2021 at 06:31ICAI has released the 12th Edition of the Code of Ethics for its members. The revised edition of the code has come into effect from 1st July 2021. Download links of the three volumes of the Code has been given in this news piece.
Norms fixed for implementation of Ease of Doing Business in the country
27 July 2021 at 06:30Shri Pankaj Chaudhary stated that 20 states were allowed additional borrowing of Rs 39,521 crore during 2020-21 for implementation of EoDB reform and it is a continuous process and its outcome would be visible in due course.
Systemic measures by Government under Black Money Act detects undisclosed income of several crores
27 July 2021 at 06:29In the recent years, the Government has taken a number of measures to bring back the black money stashed abroad 'The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015'.
54,439 appreciation certificates given to taxpayers on eve of completion of 4 years of GST
26 July 2021 at 22:01GoI has awarded Appreciation Certificates, on the eve of completion of 4 years of GST, to 54,439 taxpayers who have made substantial contribution in payment of GST and filed their returns in a timely manner.
ICAI to re-conduct the Foundation Exam for students affected by adverse weather conditions in certain cities
26 July 2021 at 06:04Due to the adverse weather conditions in Ichalkaranji, Kolhapur, Ratnagiri, Sangli and Satara, ICAI has decided to postpone the exam of CA Foundation Paper-1 for students who were unable to take the exam on 24th July 2021.
Message of FM Nirmala Sitharaman on the occasion of 161st Income Tax Day, 2021
26 July 2021 at 06:01While witnessing the 161st Income Tax Day on 24th July 2021, Finance Minister Nirmala Sitharaman felicitated the Income Tax Department and said that "principles of equity, justice and fairplay in tax administration permeate our tax policy even today."
New provisions relating to Rectification of name of Company to come into effect from 1st September 2021
26 July 2021 at 05:55MCA has announced that the provisions relating to Rectification of name of Company as per the Companies (Amendment) Act, 2020 and insertion of Rule 33A in Companies (Incorporation) Rules, 2014, will come into effect from 1st September 2021 onwards.
ICAI | CARO 2016 applicable for November 2021 Examinations
25 July 2021 at 21:59ICAI has announced that CARO 2016 will be applicable for CA examinations that will be conducted in November 2021 for students who are appearing for CA Inter and Final Exams and students of the old course who opted out of the July 2021 CA Exams.
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