CAclubindia News

Government expands ECLGS for MSMEs

30 May 2021 at 16:45

On account of the disruptions caused by the second wave of the COVID 19 pandemic to businesses across various sectors of the economy, the Government has further enlarged the scope of the Emergency Credit Line Guarantee Scheme.

Posted in Corporate Law | 2430 Views

GST Council Meet: GoM has been constituted to examine the issue of GST concession/exemption to COVID relief material

29 May 2021 at 17:50

In pursuance of the decision of the GST Council at its 43rd meeting on 28 May 2021, a Group of Ministers has been constituted to examine the issue of GST concessions/ exemption to COVID relief material. GoM will be submitting its report by June 08, 2021.

Posted in GST | 5934 Views

Clarification regarding eligibility of students whose registration has lapsed /will lapse, for June 2021 Session of CS Exams

28 May 2021 at 06:26

ICSI has issued a clarification stating that students whose registration at the time of submitting their enrollment request for the June 2021 Session of Examination were valid, they all will be treated as eligible to appear in the CS June 2021.

Posted in Students | 1515 Views

RBI releases the Annual Report for the year 2020-21

28 May 2021 at 06:21

The Report covers the working and functions of the Reserve Bank for the transition period of nine months (July 2020 - March 2021) following the decision to change its accounting year from July-June to April-March.

Posted in Others | 1263 Views

Key Updates from 43rd GST Council Meeting

28 May 2021 at 06:19

The GST Council has made recommendations relating to changes in GST rates on the supply of goods and services and changes related to GST law and procedure in the 43rd GST Council Meeting.

Posted in GST | 3 comments | 30765 Views

ICAI includes Patan and Malegaon to the list of cities where CA Foundation June 2021 Exams is to be scheduled

27 May 2021 at 22:26

The Institute of Chartered Accountants of India has notified that Patan (Gujarat) and Malegaon (Maharashtra) are added to the list of cities where the Foundation Examination, June 2021 are scheduled to be held on June 24th, 26th, 28th and 30th, 2021.

Posted in Students | 2103 Views

Explanatory Memorandum on Applicability of Audit Quality Maturity Model

26 May 2021 at 20:18

This AQMM v1.0 is being shared with various stakeholders as an Exposure Draft and will be available for public comments for a period of 15 days, until 1st July 2021.

Posted in Audit | 2820 Views

PFRDA announces crossing the milestone of Rs 6 trillion of Assets Under Management under NPS and APY

26 May 2021 at 18:36

The Pension Fund Regulatory and Development Authority announces crossing the milestone of Rs 6 lakh crore of Assets Under Management under the National Pension System and Atal Pension Yojana, after 13 years.

Posted in Others | 1134 Views

CBDT issues refunds to more than 15.45 lakh taxpayers between 1st April and 24th May 2021

26 May 2021 at 17:03

Income tax refunds of Rs. 7,494 crore have been issued in 15,00,397 cases & corporate tax refunds of Rs. 17,807 crore have been issued in 44,140 cases.

Posted in Income Tax | 1356 Views

CA Inter and Final Exams to Commence from 5th July 2021

26 May 2021 at 15:23

ICAI has announced that the May 2021 CA Inter and Final Exams, that were postponed due to COVID-19 will now commence from 5th July 2021 across the globe. The detailed Schedule/Notifications for the said examinations will be announced by ICAI shortly.

Posted in Students | 9 comments | 25158 Views