CAclubindia News

ICSI propels support initiatives for its Members

27 August 2021 at 05:58

The schemes aimed at benefitting more than 65,000 Company Secretaries across India, would provide collateral free Term Loan facility and Non- Linked, Non-Participating, Pure Life Term Insurance Plan, to members, both in employment and in practise.

Posted in Professional Resource | 2040 Views

Advisory on HSN and GSTR-1 Filing

27 August 2021 at 05:55

In accordance with Notification No. 78/2020 - Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1st April 2021.

Posted in GST | 9132 Views

Implementation of Rule-59(6) on the GST Portal

27 August 2021 at 05:50

This Rule will be implemented on GST Portal from 1st September, 2021. On implementation of the said Rule, the system will check that whether before the filing of GSTR-1/IFF of a tax-period, the following has been filed or not.

Posted in GST | 1 comments | 10428 Views

RBI extends the scope of tokenisation to include consumer devices like laptops, desktops, wearables etc.

26 August 2021 at 05:47

On a review of the framework and keeping in view stakeholder feedback, it has been decided to extend the scope of tokenisation to include consumer devices – laptops, desktops, wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc.

Posted in Others | 1605 Views

Cabinet approves MoU between ICAI and Institute of Professional Accountants of Russia (IPAR)

25 August 2021 at 18:24

The proposed MoU aims to strengthen cooperation in matters of accountancy profession through exchange of views, information in respect of Professional Accountancy Training, Professional Ethics, Technical Research, Professional Development of Accountants.

Posted in Professional Resource | 1788 Views

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 | 6294 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 | 1830 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 | 2238 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 | 1875 Views