CAclubindia News


Representation to MCA for extension of time for preparing and filing the statement of Account and Solvency by LLPs

   01 October 2021 at 06:08

With a view to provide ease to the LLPs, it is submitted that the time limit for preparing the Statement of Account and Solvency and for getting the accounts audited and the subsequent filing thereof be kindly extended for a period of 30 days. 

Posted in Corporate Law |   2391 Views


President Jambusaria wishes heartiest congratulations to meritorious ICAI Students

   01 October 2021 at 06:07

ICAI released the results of CA examinations held in July 2021. In a brilliant streak, girls swept the top ranks in both old and new courses in final examinations. The achievers proved that success needs just dedication and stern willpower.

Posted in Students |   4677 Views


ICAI Invites Suggestions for Pre-Budget Memorandum-2022

   01 October 2021 at 06:04

Suggestions for widening the tax base, increasing the tax revenue, checking of tax avoidance, reducing litigations, rationalization of the provisions of Direct Tax Laws and removing administrative and procedural difficulties may be submitted.

Posted in Professional Resource |   1461 Views


ICAI Extends the Last Date for Payment of Membership/COP Fee for 2021-22

   01 October 2021 at 06:03

The Institute of Chartered Accountants of India has extended the last date for Payment of Membership/COP Fee for the year 2021-22 to 31st December 2021. As such, members are requested to pay the fees online through the Self-Service Portal (SSP).

Posted in Professional Resource |   2448 Views


GoI receives Rs. 8,08,672 crore up to August 2021 as per the Monthly Review of Accounts

   01 October 2021 at 06:02

The Government of India has received Rs. 8,08,672 crore upto August, 2021 comprising of Rs. 6,44,843 crore Tax Revenue (Net to Centre), Rs. 1,48,650 crore of Non Tax Revenue and Rs. 15,179 crore of Non Debt Capital Receipts.

Posted in Others |   1098 Views


India poised to become one of the largest digital markets in the world, says Commerce Minister

   01 October 2021 at 06:01

As of May 2021, India's United Payments Interface (UPI) has seen participation of 224 banks & recorded 2.6 billion transactions worth over $68 Bn and the highest ever, more than 3.6 Bn transactions, in Aug'21.

Posted in Others |   1467 Views


Request for extension of time limit for filing of DIR-3 KYC by ICSI

   30 September 2021 at 06:01

The Institute of Company Secretaries of India has written a representation letter to the Ministry of Corporate Affairs requesting the concerned authorities to extend the time limit for filing of DIR-3 KYC for a period of 30 days.

Posted in Professional Resource |   11574 Views


ECLGS' scope expanded and scheme extended till 31st March 2022

   30 September 2021 at 06:01

As on 24th September 2021, loans sanctioned have crossed Rs. 2.86 lakh crore under the Scheme and out of total guarantees issued, about 95% of the guarantees issued are for loans sanctioned to Micro, Small and Medium Enterprises.

Posted in Others |   1533 Views


NFRA advises to remove compulsory statutory Audit for all companies!

   30 September 2021 at 06:01

A preliminary analysis has been done by NFRA on the key financial parameters of the companies registered in India and it is found that the fees paid to auditors by a large majority of MSMCs are way below what an audit would require.

Posted in Corporate Law  4 comments |   8172 Views


CBDT issues order u/s 119(2)(b) for filing applications for settlement before Interim Board for Settlement by 30th September 2021

   29 September 2021 at 06:01

CBDT has authorized the Commissioner of Income Tax to admit an application for settlement on behalf of the Interim Board filed after 31.01.2021 and before 30.09.2021 and treat such applications as valid and process them as "pending applications".

Posted in Income Tax |   6105 Views



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