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Expert Committee on Variable Capital Company submits its report to the IFSCA
01 June 2021 at 22:28Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on the feasibility of Variable Capital Companies in the International Financial Services Centres to the Chairperson of IFSCA, Shri. Injeti Srinivas.
ICAI declares the Result of the online Examination of the Certificate Course on Derivatives held on 22nd May 2021
01 June 2021 at 18:04Result of the online Examination of the Certificate Course on Derivatives held on 22nd May 2021 has been declared by ICAI. As such, 47 candidates have cleared the examination.
ICAI invites comments on the Chartered Accountants (Amendment) Regulations, 2021
01 June 2021 at 17:58ICAI on 27th May 2021 notified the Chartered Accountants (Amendment) Regulations, 2021. Thus, ICAI has now invited comments on the Chartered Accountants (Amendment) Regulations, 2021 which may be sent by email to - comments.bosrba@icai.in.
ICAI releases Exposure Draft for Amendments to the Guidance Note on Accounting for Derivative Contracts w.r.t. IBOR Phase 2 Replacement Issues
01 June 2021 at 17:51ICAI has invited comments on the Exposure Draft and the same may be submitted to ICAI via email, post or electronically, so as to be received no later than June 21, 2021.
ICAI President's Message - June 2021
01 June 2021 at 17:45CA. Nihar N. Jambusaria - President, ICAI's June 2021 message for members and students.
RBI clarifies banks cannot prohibit dealing in cryptocurrency
01 June 2021 at 06:33RBI has issued a clarification for banks and the general public at large, stating that its earlier circular on the prohibition of usage of virtual currencies is no longer valid as the same was set aside by the Supreme Court on 4th March 2020.
CBDT member JB Mohapatra handed over the charge of Chairman
01 June 2021 at 06:29Upon completion of his tenure, here is the outgoing Chairman CBDT, Sh. PC Mody handing over the charge of Chairman, CBDT to Sh. JB Mohapatra, Member, CBDT, who will hold the charge in addition to his regular duties.
Extension of ICSI ECSIN Amnesty Scheme 2021 till 15th June 2021
01 June 2021 at 06:24The Institute in view of the unprecedented conditions has decided to extend the ICSI ECSIN Amnesty Scheme 2021 till June 15, 2021.
Govt. exempts Amphotericin B used to treat Black Fungus from Customs Duty
01 June 2021 at 06:19The Finance Ministry on 31st May 2021 exempted the Customs Duty on "Amphotericin B" that is used to treat Mucormycosis, commonly known as Black Fungus, till 31st August 2021.
CBIC notifies Ad hoc Customs Exemption on Imports of COVID-19 relief material Donated from Abroad
01 June 2021 at 06:13Earlier, this exemption was notified till 30th June 2021, however, considering the drastic impact of the second wave of the COVID-19 pandemic, the Central Government on 31st May 2021 extended the same to 31st August 2021.
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