CAclubindia News

RBI keeps the policy repo rate unchanged at 4 percent

04 December 2020 at 15:44

The Monetary Policy Committee met on 2nd, 3rd, and 4th December 2020. It reviewed current macroeconomic and financial developments, both domestic and global, and the evolving outlook for the Indian economy.

Posted in Others | 1167 Views

RBI issues a statement on Developmental and Regulatory Policies

04 December 2020 at 15:44

This Statement sets out various developmental and regulatory policy measures to enhance liquidity support, deepen financial markets, conserve capital among banks, and facilitate external trade, etc.

Posted in Others | 1275 Views

CBIC releases New Exchange Rate for different countries w.e.f. 4th December 2020

04 December 2020 at 09:56

The Central Board of Indirect Taxes and Customs has specified a new rate of exchange for different countries relating to both, import and export of goods w.e.f 4th December 2020.

Posted in Custom | 3792 Views

DRI to have Virtual Panel Discussion on Trade Based Money Laundering

04 December 2020 at 09:56

DRI is celebrating its 63rd Founding Day on Friday, the 4th of December, 2020. As part of this year’s Founding Day celebrations, a panel discussion on Trade-Based Money Laundering is also been organized.

Posted in Others | 1530 Views

All States except Jharkhand choose Option-1 to meet the GST implementation shortfall

04 December 2020 at 09:56

Chhattisgarh will get Rs.3,109 crores through special borrowing window to meet the GST implementation shortfall. Permission to raise an additional Rs.1,792 crore through borrowings also issued.

Posted in GST | 3240 Views

ICSI launches new Crash Courses on Business Responsibility Reporting and Court Craft, Pleading & Appearances

04 December 2020 at 09:56

The Institute of Company Secretaries of India has launched two new crash courses on Business Responsibility Reporting and Court Craft, Pleading & Appearances for all the members of the institute.

Posted in Students | 1581 Views

Fake news doing the rounds that RBI has discontinued the 2000 Rupee note

03 December 2020 at 12:08

A fake news has been circulating on social media that RBI has discontinued the Rupee 2000 note. However, that has been verified to be not true.

Posted in Others | 1 comments | 4056 Views

GST collection crosses Rs. 1 Lakh Crore mark for 2 months in a row

03 December 2020 at 12:08

The Gross GST Revenue collected for the month of November is Rs. 1,04,963, making it the second month in a row to cross the Rs. 1 lakh crore mark.

Posted in GST | 3129 Views

Government invites suggestions for the Gender Budget 2021-22

03 December 2020 at 12:08

The Government of India has invited suggestions for the Gender Budget 2021-22. Citizens from all walks of life are welcome to be a part of this democratic exercise.

Posted in Union Budget | 1578 Views

CBIC issues classes of supply who have to maintain eight digit HSN Code

03 December 2020 at 10:08

For the class of supply as specified in column (2) and whose HSN Code as specified in column (3) of the Table given, a registered person shall mention eight number of digits of HSN Codes in a tax invoice issued by him under the said rules.

Posted in Income Tax | 3342 Views