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ICSI releases Google Form for availing the Opt Out Option for December 2020 Exams
07 December 2020 at 10:20Students desiring to avail the OPT-OUT facility may submit their request ONLY at Google Form link: https://forms.gle/a5cDrdENDfX25s1fA. The request received in any other form/mode shall not be entertained.
Limit for Contactless Cards and UPI Payments to be increased from January 1, 2021
05 December 2020 at 10:55RBI leaves policy rates unchanged, the accommodative stance of monetary policy to continue as long as necessary. RBI Governor Announces Set of Measures to Revive Economy.
Income-tax Deduction from Salaries During the FY 2020-21 under Sec 192 of the IT Act, 1961
05 December 2020 at 10:55The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2020-21.
Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 2021
05 December 2020 at 10:08The GST Portal has notified the due date for filing of Form GSTR-3B for the Tax Periods from October 2020 till March 2021.
RBI releases Draft Directions on Money Market Instruments under Section 45 W of the RBI Act, 1934
05 December 2020 at 10:08Comments on the Draft Directions are invited from banks, market participants, and other interested parties by January 31, 2021.
ICSI June 2021 exams to begin from 1st June 2021; Students to get Opt-Out Facility
05 December 2020 at 10:08ICSI has made an announcement that the June 2021 session for CS Exams, will begin from 1st June 2021. An Opt-Out Facility has also been provided by the ICSI subject to the submission of a COVID Positive Report.
IBBI issues clarification on the computation of fee payable for delay in filings under regulation 40B of the IBBI Regulations 2016
05 December 2020 at 10:08Computation of fee payable for delay in filings under regulation 40B of the IBBI Regulations, 2016. The Board is in receipt of a few emails from IPs seeking clarification on the above subject.
All States choose Option-1 to meet the GST implementation shortfall
05 December 2020 at 10:08Jharkhand will get Rs. 1,689 crores through a special borrowing window to meet the GST implementation shortfall. Permission to raise additional Rs. 1,765 crores through borrowings also issued to Jharkhand.
Relaxation of additional fees and extension of last date of filling of CRA-4 (form for filing of cost audit report) for FY 2019-20
05 December 2020 at 10:07Due to the COVID-19 pandemic, it has been decided to extend the date for submission of the Cost Audit Report for the Financial Year 2019-20 from 30th November 2020 to 31st December 2020.
CBIC issues clarification over Invoice Furnishing Facility with relation to the QRMP Scheme
05 December 2020 at 09:43IFF is an optional facility to be used depending on the needs of the suppliers and their buyers. Taxpayers may file their GSTR-1 for the quarter without filing IFF.
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