CAclubindia News

Norms fixed for implementation of Ease of Doing Business in the country

27 July 2021 at 06:30

Shri 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.

Posted in Community & General | 1497 Views

Systemic measures by Government under Black Money Act detects undisclosed income of several crores

27 July 2021 at 06:29

In 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'.

Posted in Income Tax | 1890 Views

ICAI to re-conduct the Foundation Exam for students affected by adverse weather conditions in certain cities

26 July 2021 at 06:04

Due 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.

Posted in Students | 1980 Views

Message of FM Nirmala Sitharaman on the occasion of 161st Income Tax Day, 2021

26 July 2021 at 06:01

While 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."

Posted in Income Tax | 9381 Views

New provisions relating to Rectification of name of Company to come into effect from 1st September 2021

26 July 2021 at 05:55

MCA 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.

Posted in Corporate Law | 2274 Views

ICAI | CARO 2016 applicable for November 2021 Examinations

25 July 2021 at 21:59

ICAI 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.

Posted in Students | 6705 Views

ICMAI announces Revised Schedule of CMA June 2021 Exams

25 July 2021 at 19:06

The Institute of Cost Accountants of India has postponed the June 2021 CMA Foundation, Inter and Final Exams. The Foundation exams will now commence from 5th September 2021, and the Inter and Final exams from 21st October 2021.

Posted in Students | 6876 Views

CBIC reduces compliance burden by abolishing renewals of licenses/registrations

25 July 2021 at 06:32

The net effect of the amendments carried out to the Customs Brokers Licensing Regulations, 2018 and Sea Cargo Manifest and Transhipment Regulations, 2018, is that the existing licenses/registration would have a lifetime validity.

Posted in Custom | 2241 Views

161st Income Tax Day: A journey towards Nation Building

24 July 2021 at 17:47

The 161st anniversary of Income Tax Day was observed by the Central Board of Direct Taxes and all its field offices across India on 24th July 2021. As part of the observance, the field formations held a range of activities.

Posted in Income Tax | 1383 Views

Initiatives under Make in India and Startup Programmes

24 July 2021 at 06:12

Make in India initiative has made significant achievements and presently focuses on 27 sectors under Make in India 2.0. Startup India initiative generates more than 26000 employment in Tamil Nadu in three years.

Posted in Community & General | 1347 Views