CAclubindia News


ICAI extends the date for undergoing MCS and Advanced IT Course for CA Final Students, through Virtual Mode, to 31st March 2021

   10 December 2020 at 21:28

The Institute of Chartered Accountants of India has made an announcement that the date for undergoing MCS and Advanced IT Course for CA Final Students, through Virtual Mode, has been extended to 31st March 2021.

Posted in Students  1 comments |   1914 Views


RTGS 24*7*365 to be launched w.e.f 14th December 2020

   10 December 2020 at 11:14

RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020. India will become one of the few countries in the world to operate its RTGS system round the clock throughout the year.

Posted in Community & General  2 comments |   4710 Views


FM addresses the 13th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes

   10 December 2020 at 10:14

Finance Minister Smt. Nirmala Sitharaman addressed the 13th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes as the keynote speaker.

Posted in Community & General |   1410 Views


RBI releases Draft Circular on Declaration of Dividend by NBFCs

   10 December 2020 at 10:14

rbi has released the Draft Circular on Declaration of Dividend by NBFCs. Comments on the Draft Circular are invited from NBFCs, industry participants, and other interested parties by December 24, 2020.

Posted in Community & General |   1809 Views


ICAI to grand launch 3 representative offices of the institute in Europe

   10 December 2020 at 10:14

Unlocking the Potential Business Opportunities b/w India & EU; Grand Launch of 3 Rep Offices of ICAI in Europe & MoU Signing Ceremony b/w ICAI & VRC Netherlands; Watch Live on 10 Dec 2020; 1500 Hrs IST.

Posted in Professional Resource |   1338 Views


6th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

   10 December 2020 at 10:14

A total amount of Rs.36,000 crore released so far. This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States

Posted in GST |   2592 Views


CBDT issues refunds of over Rs. 1,45,619 crores to more than 89.29 lakh taxpayers between 1st April 2020 to 8th December 2020

   09 December 2020 at 17:11

Income tax refunds of Rs. 43,274 crore have been issued in 87,29,626 cases &corporate tax refunds of Rs. 1,02,345 crore have been issued in 1,99,554 cases

Posted in Income Tax |   1635 Views


Reform linked borrowing permission of Rs.23,523 crores issued to 9 States

   09 December 2020 at 16:52

Reform linked borrowing permissions lead to various citizen centric reforms in the States. 9 States have successfully completed One Nation One Ration Card Reform.

Posted in Community & General |   1557 Views


Cabinet approves the proposal of SEBI to sign Bilateral MoU between India and Luxembourg

   09 December 2020 at 16:52

The MoU is likely to strengthen cross border cooperation in the area of securities regulations and facilitate mutual assistance between India and Luxembourg.

Posted in LAW |   2010 Views


Online filing of application by Taxpayers for unblocking E-Way Bill generation facility

   09 December 2020 at 11:50

From 01.12.2020 onwards, the EWB generation facility is being blocked for all taxpayers, irrespective of their Aggregate Annual Turnover.

Posted in GST |   3702 Views



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