CAclubindia News

DGGI Gurugram arrests one for collecting GST of Rs. 12.67 crore

05 February 2021 at 05:54

DGGI, North Zone, Gurugram, has arrested Shri Harish Kumar Rampal, Chartered Accountant, proprietor of M/s Rampal and Company (ICAI Reg. No. 080333).

Posted in GST | 1854 Views

Andhra Pradesh becomes the 2nd State to undertake Power Sector reforms

05 February 2021 at 05:54

The State has been granted permission to mobilize Rs. 9,190 crore for undertaking reforms in four citizen-centric areas.

Posted in Others | 1428 Views

Exchange Rate Notification No.14/2021 dated 4th Feb 21

05 February 2021 at 05:54

Rate of exchange of one unit of foreign currency, equivalent to Indian rupees, which will be in effect from 5th February 2021, as per the notification released by CBIC.

Posted in Custom | 1548 Views

Budget 2021 clearly marks a directional change for the Indian economy, says FM

05 February 2021 at 05:54

This Budget mark a clear directional change for the Indian economy and that directional change is not what the government has offered as a sudden response, but it was something that was preoccupying the Indian minds for over 30 years, says FM.

Posted in Union Budget | 1296 Views

CBDT issues refunds to more than 1.81 crore taxpayers between 1st April 20 to 1st Feb 21

04 February 2021 at 10:16

Income tax refunds of Rs. 64,966 crore have been issued in 1,78,62,798 cases & corporate tax refunds of Rs. 1,20,443 crore have been issued in 2,13,387 cases.

Posted in Income Tax | 1203 Views

FAQs on New Training Structure as per CS (Amendment) Regulations, 2020

04 February 2021 at 08:37

FAQs on New Training Structure as per Company Secretaries (Amendment) Regulations, 2020 to be effective from 03rd February, 2021

Posted in Corporate Law | 3672 Views

MCA initiates process of De-criminalisation of compoundable offences under Limited Liability Act, 2008

04 February 2021 at 05:45

Ministry of Corporate Affairs (MCA) decided to initiate the process of decriminalization of compoundable offences under the limited liability partnership (LLP) Act, 2008, for greater ease of doing business for law abiding LLPs.

Posted in Corporate Law | 2445 Views

MCA revises threshold for paid up capital and turnover for Small Companies

04 February 2021 at 05:41

In line with the vision of the Government of India, the definition under the Companies Act, 2013 for Small Companies has now been revised by increasing their thresholds for Paid up capital.

Posted in Corporate Law | 2568 Views

MCA amends One Person Companies (OPCs) rules

04 February 2021 at 05:32

As a measure which directly benefits Startups & Innovators in the country, the incorporation of One Person Companies (OPCs) is being incentivized by amending the Companies (Incorporation) Rules.

Posted in Corporate Law | 2415 Views

14th Instalment of Rs. 6,000 crore released to the States to meet the GST compensation shortfall

03 February 2021 at 14:05

A total amount of Rs. 84,000 crore released so far to all States and UTs with legislature. This is in addition to additional borrowing permission of Rs. 1,06,830 crore granted to the States.

Posted in GST | 969 Views