CAclubindia News


2 more arrested by DGGI Gurugram Unit for ITC fraud

   25 August 2021 at 18:22

DGGI has arrested, Sh Manish Modi, Chartered Accountant, resident of Pitam Pura, New Delhi, on charges of creation of running racket of fake firm in order to fraudulently pass on fake Input Tax Credit (ITC), without actual supply of goods or services.

Posted in GST |   6291 Views


Bank Employees Family Pension to be increased to 30% of last pay drawn

   25 August 2021 at 18:20

GoI has approved the Indian Banks' Association’s (IBA) proposal to increase the family pension to 30% of last salary drawn. This move would make family pension go up to as much as Rs 30,000 to Rs 35,000 per family of bank employees.

Posted in Corporate Law |   1824 Views


CS Results to not be out on 25th August 2021, clarifies ICSI

   25 August 2021 at 17:47

Please avoid all fake news of declaration of results on 25th August, 2021. ICSI will announce the date of result of CS Executive & Professional Examinations, held in August, 2021.

Posted in Students |   2235 Views


FM Smt. Nirmala Sitharaman says Industry should come forward and take more risks

   25 August 2021 at 05:54

FM emphasised on the importance of Government and Industry working together to ‘create India’s own equity capital’. She also emphasised on identifying how the sunrise sectors and start-ups can contribute to the future of India.

Posted in Others |   1503 Views


Government cautions stakeholders as 348 companies fail to meet requisite criteria for declaration as Nidhi company

   24 August 2021 at 17:53

Companies have been applying to the Central Government for declaration as Nidhi under the CA, 2013 but of the 348 number of forms scrutinized upto 24.08.2021 not a single company could satisfy the requisite criteria for the same.

Posted in Corporate Law |   1872 Views


FM Nirmala Sitharaman sets 15th September as deadline for Infosys to resolve issues in the new IT Portal

   23 August 2021 at 21:08

The Finance Minister demanded that the issues faced by taxpayers on current functionalities of the portal should be resolved by the team by 15th September, 2021 so that taxpayers and professionals can work seamlessly on the portal.

Posted in Income Tax  6 comments |   9795 Views


ICSI requests MCA for extension of timeline for holding Annual General Meeting due to COVID-19

   23 August 2021 at 06:32

ICSI has written a representation letter to MCA to extend the timeline for holding of AGM for the year ended 31st March 2021 till 31st December 2021 so as to provide relief to all the companies and stakeholders, keeping in view the COVID-19 pandemic.

Posted in Corporate Law |   3429 Views


New IT Portal now live after emergency maintenance activity by Infosys

   23 August 2021 at 06:31

In a tweet, at around 9 pm on 22nd August 2021, the Infosys team revealed that the maintenance activity has now been completed and the portal is up and running again. 

Posted in Income Tax  7 comments |   10716 Views


FM Summons Infosys CEO to explain why glitches on the New IT Portal have not been resolved

   22 August 2021 at 17:16

Ministry of Finance has summoned Sh Salil Parekh, MD &CEO, Infosys on 23/08/2021 to explain to hon'ble FM as to why even after 2.5 months since launch of new e-filing portal, glitches in the portal have not been resolved.

Posted in Income Tax  2 comments |   5898 Views


ICMAI to conduct Model Exam for CMA Foundation students from 25th to 29th August 2021

   21 August 2021 at 07:18

ICMAI will be conducting an Online - Home Based Model Exam for CMA Foundation students, from 25th to 29th August 2021. Only Eligible candidates for the June 2021 Foundation course examination will be allowed to appear in this Model exam.

Posted in Exams |   3585 Views



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