CAclubindia News

Grant of Rs. 2427 crore released to States for Urban Local Bodies

18 September 2021 at 07:12

The States are required to transfer the grants to the ULBs within 10 working days of receipt from the Union Government. Any delay beyond 10 working days requires the State Governments to release the grants with interest.

Posted in Others | 1308 Views

Government extends certain timelines under Income Tax to ease compliances

18 September 2021 at 07:09

Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been extended from 30th September 2021 to 31st March 2022.

Posted in Income Tax | 9615 Views

Central Government relaxes provisions of TDS u/s 194A of the Income-tax Act, 1961 in view of section of 10(26) of the Act

18 September 2021 at 07:08

No deduction of tax shall be made on payment u/s 194A, namely payment in the nature of interest, other than interest on securities, made by a Scheduled Bank located in a specified area to a member of Scheduled Tribe residing in any specified area.

Posted in Income Tax | 12513 Views

ICAI reminds members to pay Membership/COP fee latest by 30th September 2021

18 September 2021 at 07:05

Payment of annual Membership/COP fee entitles you for continuing benefits of ICAI privileges and standing seniority in the profession. Non-payment of the same within stipulated time may result in removal of Membership/COP and cessation of Practice.

Posted in Professional Resource | 1872 Views

Functionality on demand fetching of Bill of Entry details from ICEGATE Portal by GSTN

18 September 2021 at 07:05

It usually takes 2 days (after reference date) for BE details to get updated on GST Portal from ICEGATE. This functionality should, therefore, be used if data is not available after this period.

Posted in GST | 4902 Views

July 2021 CA Inter Exams Results to be declared on 19th September 2021

17 September 2021 at 12:37

The results of the Chartered Accountants Intermediate Examination (Old Course & New Course) held in July 2021 are likely to be declared on Sunday, the 19th September 2021(evening)/Monday, the 20th September 2021.

Posted in Students | 5754 Views

Key Highlights of the 45th GST Council Meeting

17 September 2021 at 10:57

The recommendations of the GST Council have been presented in this release containing major item of decisions in simple language for information of all stakeholders. The same would be given effect through relevant Circulars/ Notifications/ Law amendments.

Posted in GST | 21654 Views

Career Opportunity for Young CS's by ICSI

17 September 2021 at 05:53

The Consolidated payout will be in the range of Rs. 33000 to Rs. 40000 per month. Preference shall be given to the candidates having a post qualification experience of one to two years and more than two years.

Posted in Career | 4044 Views

MoS Finance Bhagwat Karad asks Banks to focus on Aspirational Districts yet to attain financial inclusion target

17 September 2021 at 05:52

PMJDY accounts reached everyone, even if the accounts were zero balance accounts. Even people who hesitated to enter the mainstream were also brought in and given confidence, with opening of their accounts, disbursing of RuPay Cards and insurance cover.

Posted in Others | 1155 Views

GSTN issues advisory on generation of EWB where the principal supply is Supply of services

16 September 2021 at 20:27

In cases where the principal supply is purely a supply of service, the e-way bill is not required to be generated. However, in cases where along with the principal supply of service, movement of some goods is also involved, e-way bill may be generated.

Posted in GST | 4851 Views