CAclubindia News

Extension of various Income Tax and GST Due Date Compliances requested by CAIT

22 April 2021 at 11:53

The Confederation of All India Traders has written a representation letter to Finance Minister Smt. Nirmala Sitharaman requesting an extension in the due dates of various Income Tax and GST Due Date Compliances that lie within the month of April 2021.

Posted in GST | 32505 Views

DRI seizes more than 300 kg of cocaine worth Rs. 2,000 crore (approx.) at Tuticorin Port

22 April 2021 at 05:11

The suspected container has originated from Panama, transited through the ports of Antwerp and Colombo, and contains 9 bags. On opening the said bags 302 white coloured compressed bricks wrapped in multiple layers of packing material were found.

Posted in Community & General | 1284 Views

CBDT issues refunds to more than 7.39 lakh taxpayers between 1st April to 19th April, 2021

21 April 2021 at 22:09

Income tax refunds of Rs. 3,073 crore have been issued in 7,23,561 cases & corporate tax refunds of Rs. 2,577 crore have been issued in 15,206 cases.

Posted in Income Tax | 1224 Views

FM Nirmala Sitharaman assures ramp up in supply of Oxygen & Remdesivir to States

21 April 2021 at 22:00

FM reiterates the importance of micro - containment policies over lockdown in virtual interaction with Industry Captains and applauds the Indian Industry for its extreme forbearance, patience and perseverance.

Posted in Community & General | 1353 Views

FM Nirmala Sitharaman assures industry of Government's support amid second wave of COVID-19 pandemic

21 April 2021 at 21:51

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, here today urged the industry to wait and watch for next few days to assess the situation amid the second wave of COVID-19 pandemic.

Posted in Community & General | 1485 Views

ICAI releases Exam Form for June 2021 CA Foundation Exams

21 April 2021 at 05:27

The Institute of Chartered Accountants of India has released the Exam Form for the June 2021 CA Foundation Exams, the last date for submission of which is 4th May 2021.

Posted in Students | 7284 Views

CBDT notifies audit report to be filed by the Sovereign Wealth Fund claiming exemption u/s 10(23FE)

21 April 2021 at 05:23

The Central Board of Direct Taxes has notified ‘Norfund, Govt of Norway’ as a Sovereign Wealth Fund and has specified the audit report to be filed by them for claiming exemption under Section 10(23FE).

Posted in Income Tax | 1500 Views

COVID-19 | Government withdraws import duty on Remdesivir till 31st October 2021

21 April 2021 at 05:14

The Central Government on 20th April 2021 exempted the Custom Duty on Import of Remdesivir Injection, API and BetaCyclodextrin used in the manufacture of Remdesivir injection, till 31st October 2021.

Posted in Community & General | 1428 Views

Shri Piyush Goyal chairs meeting with various Export Promotion Councils

21 April 2021 at 05:02

During 2020-21, the Country’s cumulative value of overall exports declined by just 7% compared to the PY, despite disruptions, uncertainty, lockdowns, gradual unlockdowns, labour issues, and order cancellations in the Covid year.

Posted in Community & General | 924 Views

EPFO adds 12.37 lakh net subscribers in the month of February, 2021

20 April 2021 at 20:26

The provisional payroll data of EPFO has been published on 20th April 2021 highlighting a growing trend with the addition of 12.37 lakh net subscribers during the month of February, 2021.

Posted in Corporate Law | 1593 Views