CAclubindia News

Shri T. Rabi Sankar appointed as RBI Deputy Governor

03 May 2021 at 17:39

In pursuance of the Government of India notification dated May 03, 2021, Shri T. Rabi Sankar took over as the Deputy Governor of Reserve Bank of India today for a period of three years or until further orders, whichever is earlier.

Posted in Others | 1758 Views

Ad hoc Exemption from IGST on imports of specified COVID-19 relief material donated from abroad

03 May 2021 at 16:59

In view of the COVID-19 pandemic, the Central Government has issued notifications exempting Basic Customs Duty and/or Health cess on imports of a number of COVID-19 related relief materials, for a limited period.

Posted in GST | 2241 Views

ICSI increases medical reimbursement limit from CSBF amid COVID-19

03 May 2021 at 04:24

Considering the very grim phase the country is facing due to the phenomenal surge in the Covid-19 pandemic and in order to support its stakeholders, CSBF w.e.f 1st May 2021, has enhanced the medical reimbursement limits for those affected by Covid 19.

Posted in Professional Resource | 1395 Views

1st instalment of Rs. 8873.6 crore for State Disaster Response Fund (SDRF) released in advance

03 May 2021 at 04:18

Ministry of Finance at the recommendation of the Ministry of Home Affairs has released in advance of the normal schedule, the 1st instalment of the Central Share of SDRF for 2021-22 to all the States. An amount of Rs.8873.6 crore has been released.

Posted in Others | 1050 Views

ICAI waives off condonation fees due to late filing of application Form 18 amidst COVID-19 till 30th July, 2021

02 May 2021 at 19:29

The Institute of Chartered Accountants of India has waived off the Condonation Fees due to late filing of application Form 18 related to Members and Firms amid the 2nd wave of the COVID-19 Pandemic, till 30th July 2021.

Posted in Students | 1779 Views

CBIC extends GST Returns Due Dates, Waives Late Fee For GSTR-3B and Reduces Interest Rates

02 May 2021 at 16:50

Government announces various relief measures for taxpayers under GST law in view of severe COVID-19 pandemic

Posted in GST | 30306 Views

IGST on import of oxygen concentrators for personal use reduced to 12%

02 May 2021 at 08:48

IGST on Import of Oxygen Concentrators for personal use has been reduced from 28% to 12% to bring IGST rate on such personal imports at par with commercial imports of the same

Posted in GST | 2430 Views

Gross GST revenue of Rs.1,41,384 crore collected for April 21 setting a new record

01 May 2021 at 18:24

The GST revenues during April 2021 are the highest since the introduction of GST even surpassing collections in the last month (March'2021).

Posted in GST | 1707 Views

CBDT extends timelines of certain Income Tax Compliances amid COVID-19

01 May 2021 at 13:56

In view of the adverse circumstances arising due to the severe Covid-19 pandemic and also in view of the several requests received from taxpayers requesting that various compliance dates may be relaxed, the Government has extended certain timelines today.

Posted in Income Tax | 23385 Views

ICAI announces re-opening of online filling up of examination application forms for May 2021 CA Exams

01 May 2021 at 12:17

ICAI has decided to re-open the online filling up of examination application form for Chartered Accountants Examinations, May 2021 from 4th May 2021 (10 AM) to 6th May 2021 (11.59 PM) with late fees (Rs.600/- or US $ 10).

Posted in Students | 1 comments | 7458 Views