CAclubindia News

No proposal to withdraw Bank Chequebook facility clarifies Govt

In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal un

Ordinance to amend the Insolvency and Bankruptcy Code promulgated

Ordinance to amend the Insolvency and Bankruptcy Code, 2016 promulgated; Ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the Code. The Government of India promulg

Cabinet approves setting up of the 15th Finance Commission

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the setting up of the 15thFinance Commission. Under Article 280 (1) of the Constitution,it is a Constitutional obligation. The Terms of Reference for the 15thFinance Commissio

Continuation of the scheme on Indian Institute of Corporate Affairs

Cabinet approves continuation of the scheme on Indian Institute of Corporate Affairs beyond the 12th Plan Period The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for continuation of the scheme on Indian Instit

Task Force constituted for drafting New Direct Tax legislation

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesConstitution of Task Force for drafting a New Direct Tax Legislation During Rajaswa Gyan Sangam held on 1st and 2nd September, 2017, Hon�ble Prime Minister

Late fee calculation on GST portal

Functionality for refund of ITC on export of goods and services

Aadhaar data was never breached says UIDAI

The Unique Identification Authority of India (UIDAI) responding to a news report, appeared in certain section of media on "210 Government sites made Aadhaar info public" as if Aadhaar data is leaked or breached, has said that such report

Pass GST benefits to consumers appeals Govt

The Central Government appeals to the Industry Leaders to pass on the benefit of GST Rate reduction to the consumers as it is expected to encourage domestic demand and investment among others. The GST Council in its 23rd Meeting held on 10th November

Code of ethics for Chartered Accountants by CVC

1CODE OF ETHICS FOR CHARTERED ACCOUNTANTSINTRODUCTIONFinancial statements of an enterprise depict the wholesome financialsituation of the enterprise for a particular period / at a particular date. Theinformation in these statements are of vital impor