CAclubindia News

Rs. 1,13,143 crore gross GST revenue collected in February 2021

01 March 2021 at 18:47

The gross GST revenue collected in the month of February 2021 is ₹ 1,13,143 crore of which CGST is ₹ 21,092 crore, SGST is ₹ 27,273 crore, IGST is ₹ 55,253 crore and Cess is ₹ 9,525 crore.

Posted in GST | 1296 Views

GST compensation shortfall released to States reaches Rs. 1.04 Lakh crore

01 March 2021 at 18:00

The Ministry of Finance, Department of Expenditure has on Friday, released the 18th weekly instalment of Rs. 4,000 crore to the States to meet the GST compensation shortfall. 94% of the estimated shortfall released.

Posted in GST | 1299 Views

Empanelment of Members to act as Observers at the Examination Centres for the CA Exams May 2021

01 March 2021 at 17:31

It is proposed to empanel members to act as observers for the forthcoming May 2021 CA Exams. The schedule and eligibility of such an empanelment is listed here.

Posted in Students | 1596 Views

Timeline Extended by MCA for Submitting Research Proposals latest by 5th March 2021

01 March 2021 at 05:15

MCA is pleased to invite research proposals under the scheme "Funding Research and Studies, Workshops and Conferences etc." The proposals can be submitted latest by 5th March 2021.

Posted in Corporate Law | 1446 Views

CBIC extends due date for filing GSTR-9 and GSTR-9C for FY 2019-20 to 31st March 2021

28 February 2021 at 18:31

In view of the difficulties expressed by the taxpayers in filing GSTR-9 and GSTR-9C, the Government has decided to further extend the due date for furnishing the same for the financial year 2019-20 to 31.03.2021.

Posted in GST | 3 comments | 30693 Views

ICAI further extends last date for waiving off condonation fees for CA students to 31st March 2021

28 February 2021 at 11:28

Considering the difficulties being faced by Students/Articled Assistants, it has been further decided to extend the last date of waiving-off Condonation Fees from 28th February 2021 to 31st March 2021.

Posted in Students | 5004 Views

CGST Commissionerate Delhi officials arrest man for ITC fraud of Rs 50.03 crore

28 February 2021 at 11:21

The officers of CGST Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST).

Posted in GST | 2700 Views

CBDT extends due dates under Income Tax (Penalty & Assessment / Re-assessment) for Dept officers

27 February 2021 at 20:06

CBDT has extended various due dates of Assessment and Re-Assessment under the IT Act, together with due dates under the Benami Act for Department Officers

Posted in Income Tax | 20829 Views

CBIC Meerut unearths fake invoicing cases worth Rs. 240 crores

27 February 2021 at 10:45

The CGST & Customs Meerut Zone, via their official Twitter handle, has made the public aware of the unearthing of fake invoicing GST cases worth Rs. 240 crores. As per the officials, a total of 12 persons have been arrested following these cases.

Posted in GST | 2508 Views

Report on Currency and Finance (RCF) for the year 2020-21

27 February 2021 at 05:33

The Report carries a Foreword from the Governor, Reserve Bank of India. The contents of the Report, its findings, views and conclusions are entirely those of the contributors and do not represent the views of the Reserve Bank.

Posted in Community & General | 1497 Views