CAclubindia News

Lok Sabha passes Bill to settle retrospective taxation - Taxation Laws (Amendment) Bill, 2021

06 August 2021 at 18:08

This bill is likely to settle disputes with Cairn Energy Plc, Vodafone Group Plc, and 15 other companies over retrospective tax demands raised by the Union Government.

Posted in Income Tax | 11460 Views

MCA | Companies (Registration of Foreign Companies) Amendment Rules, 2021

06 August 2021 at 17:16

The MCA has notified a new set of Rules to amend the existing Companies (Registration of Foreign Companies) Rules, 2014 which shall come into force on the date of its publication in the Official Gazette (not yet published).

Posted in Corporate Law | 2442 Views

MCA | Companies (Specification of Definitions Details) Third Amendment Rules, 2021

06 August 2021 at 17:11

The MCA has notified a new set of Rules to amend the existing Companies (Specification of Definitions Details) Rules, 2014 which shall come into force on the date of its publication in the Official Gazette (not yet published).

Posted in Corporate Law | 1911 Views

Know all about e-RUPI, the new digital payment instrument

06 August 2021 at 12:18

e-RUPI is basically a digital voucher which a beneficiary gets on his phone in the form of an SMS or QR code. It is a pre-paid voucher, which he/she can go and redeem it at any centre that accepts it.

Posted in Others | 3222 Views

ICSI releases Admit Card and Instructions to Examinees for August 2021 CS Foundation Exam

06 August 2021 at 06:31

The Institute of Company Secretaries of India has released the Admit Card for CS Foundation Exam which is to be held through Remote Proctored Mode on 13th and 14th August 2021.

Posted in Students | 1962 Views

Clarification on Establishment of MSMEs

06 August 2021 at 06:25

The Ministry of MSME does not establish micro, small and medium enterprises in the country. The promotion and development of enterprises is a State subject. However, the Central Government supplements the efforts of the State/UT Governments.

Posted in Others | 1815 Views

91% MSMEs found to be functional as per recent study

06 August 2021 at 06:23

On 1st July 2020, after the adoption of a new definition of MSMEs, a new registration portal ‘Udyam Registration’ has been launched by M/o MSME and so far 41,37,443 classified MSMEs are registered on the portal.

Posted in Others | 1806 Views

Grant of Rs. 685.80 crore released to Urban Local Bodies (ULBs)

06 August 2021 at 06:21

Grants for Urban Local Bodies have been released as per the recommendations of the 15th Finance Commission. They are aimed at improving basic civic services including fulfilling location specific felt needs.

Posted in Others | 1560 Views

Guidelines for Implementation of the circular on Opening of Current Accounts by Banks

05 August 2021 at 06:25

RBI had issued certain guidelines to enforce credit discipline amongst the borrowers as well as to facilitate better monitoring by the lenders. Now, the RBI has specified guidelines for implementation of the circular on Opening of Current A/c by Banks.

Posted in Others | 2145 Views

RBI cautions the public not to fall prey to fictitious offers of buying/ selling of Old Bank notes and Coins

05 August 2021 at 06:24

Certain elements are fraudulently using the name/logo of RBI, and seeking charges/commission/tax from the public, in transactions related to buying and selling of old banknotes and coins. It is clarified that RBI does not deal in such matters.

Posted in Others | 1896 Views