CAclubindia News

Rs. 1,23,902 crore of gross GST revenue collected in the month of March 2021

01 April 2021 at 19:24

The gross GST revenue collected in the month of March 2021 is at a record of Rs. 1,23,902 crore of which CGST is Rs. 22,973 crore, SGST is Rs. 29,329 crore, IGST is Rs. 62,842 crore and Cess is Rs. 8,757 crore.

Posted in GST | 1605 Views

Ministry of Finance releases Rs. 45,000 crore as additional devolution to States in FY 2020-21

01 April 2021 at 19:16

The Ministry of Finance, Government of India, released ₹45,000 crore as additional devolution to States in FY 2020-21. This is an increase of 8.2% over RE 2020-21.

Posted in Community & General | 813 Views

CBIC amends exchange rate vide notification No. 40/2021 - Customs (N.T.)

01 April 2021 at 19:12

CBIC determines the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa.

Posted in Custom | 1341 Views

Rs. 11,830 crore released to States under the scheme - Special Assistance to States for Capital Expenditure

01 April 2021 at 19:07

The Department of Expenditure, Ministry of Finance has released an amount of Rs. 11,830 crore to States under the scheme "Special Assistance to States for Capital Expenditure".

Posted in Community & General | 876 Views

CBDT issues refunds of more than Rs. 2.62 lakh crore upto 31st March 2021

01 April 2021 at 19:03

Central Board of Direct Taxes (CBDT) has issued refunds of more than Rs. 2.62 lakh crore to more than 2.38 crore taxpayers from 1st April, 2020 to 31st March, 2021.

Posted in Income Tax | 930 Views

ICAI President's Message - April 2021

01 April 2021 at 19:00

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

Posted in Professional Resource | 1509 Views

ICAI | CA Mukesh Kumar Jain joined as the new Secretary

01 April 2021 at 18:46

CA. Mukesh Kumar Jain has joined as Secretary of the Institute of Chartered Accountants of India (ICAI) today on April 1, 2021. Previously, Shri Jain was heading Oriental Bank of Commerce as MD & CEO.

Posted in Professional Resource | 2319 Views

Govt backtracks on notification to slash interest rates on small savings

01 April 2021 at 10:52

Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021.

Posted in Income Tax | 1545 Views