CAclubindia News

More than 6.80 crore loans of Rs. 5.20 lakh crore extended to New Entrepreneurs/Accounts under PMMY

03 August 2021 at 06:25

Entrepreneurs availed over 29.55 crore loans of Rs. 15.52 lakh crore under Pradhan Mantri Mudra Yojana since 2015. For the current financial year, a target of sanction of Rs. 3.00 lakh crore has been fixed for MLIs.

Posted in Others | 1521 Views

Major initiatives by Government & RBI for farmers, amid COVID-19

03 August 2021 at 06:22

Dr Bhagwat Kisanrao Karad stated that the moratorium for the total period of six months up to 31st August 2020, was permitted in respect of all term loans (including agricultural term loans, retail and crop loans).

Posted in Others | 1692 Views

CBIC does away with expiry/renewal of Authorised Economic Operator certification after every three years for AEO-T1 entities

02 August 2021 at 05:59

It has been decided by CBIC that w.e.f. 1st August 2021, all AEO-T1 entities certified on or after 01.04.2019, shall be auto renewed in the system, without any end date.

Posted in Custom | 2604 Views

ICMAI extends the last date for admission to the CAT Course for December 2021 Exams

02 August 2021 at 05:58

The Institute of Cost Accountants of India has extended the last date for admission to the Certificate in Accounting Technicians (CAT) course for December 2021 exams to 31st August 2021.

Posted in Students | 2595 Views

PM to launch digital payment solution e-RUPI on 2nd August

02 August 2021 at 05:45

e-RUPI is a cashless and contactless instrument for digital payment. It is a QR code or SMS string-based e-Voucher, which is delivered to the mobile of the beneficiaries.

Posted in Others | 2172 Views

ICAI President's Message - August 2021

02 August 2021 at 05:42

CA. Nihar N. Jambusaria - President, ICAI's August 2021 message for members and students.

Posted in Professional Resource | 1 comments | 9102 Views

Shri Deepak Das takes charge as new Controller General of Accounts (CGA)

01 August 2021 at 16:31

Shri Deepak Das, a 1986-batch Indian Civil Accounts Service officer, is appointed by the Government of India as the Controller General of Accounts, Department of Expenditure, Ministry of Finance, with effect from August 1, 2021.

Posted in Others | 1761 Views

Rs. 1,16,393 crore gross GST revenue collected in July 2021

01 August 2021 at 16:23

The gross GST revenue collected in the month of July 2021 is Rs. 1,16,393 crore of which CGST is Rs. 22,197 crores, SGST is Rs. 28,541 crores, IGST is Rs. 57,864 crore and Cess is Rs. 7,790 crores (including Rs. 815 crores collected on import of goods).

Posted in GST | 2709 Views

ICAI | Clarification on spending of CSR funds for COVID-19 Vaccination by MCA

01 August 2021 at 07:29

MCA has clarified that spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families is considered to be an eligible CSR activity under items no (i) and (xii) of Schedule VII of the Companies Act, 2013.

Posted in Professional Resource | 6021 Views

GST Audit to Discontinue w.e.f 1st August 2021

31 July 2021 at 13:03

Starting 1st August 2021, taxpayers will not be required to get their annual accounts audited by a CA/CMA for furnishing an audited reconciliation statement in Form GSTR-9C.

Posted in GST | 5 comments | 20004 Views