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ICMAI announces Revised Schedule of CMA June 2021 Exams

   25 July 2021 at 19:06

The Institute of Cost Accountants of India has postponed the June 2021 CMA Foundation, Inter and Final Exams. The Foundation exams will now commence from 5th September 2021, and the Inter and Final exams from 21st October 2021.

Posted in Students |   6855 Views


CBIC reduces compliance burden by abolishing renewals of licenses/registrations

   25 July 2021 at 06:32

The net effect of the amendments carried out to the Customs Brokers Licensing Regulations, 2018 and Sea Cargo Manifest and Transhipment Regulations, 2018, is that the existing licenses/registration would have a lifetime validity.

Posted in Custom |   2163 Views


161st Income Tax Day: A journey towards Nation Building

   24 July 2021 at 17:47

The 161st anniversary of Income Tax Day was observed by the Central Board of Direct Taxes and all its field offices across India on 24th July 2021. As part of the observance, the field formations held a range of activities.

Posted in Income Tax |   1347 Views


Initiatives under Make in India and Startup Programmes

   24 July 2021 at 06:12

Make in India initiative has made significant achievements and presently focuses on 27 sectors under Make in India 2.0. Startup India initiative generates more than 26000 employment in Tamil Nadu in three years.

Posted in Community & General |   1266 Views


SEBI extends AGM by Top 100 Listed Entities by Market Capitalization

   24 July 2021 at 06:03

SEBI has extended the timeline to hold the Annual General Meeting by Top 100 Listed Entities by Market Capitalisation. Accordingly, such entities shall hold their AGM within a period of six months from the date of closing of FY 2020-21.

Posted in LAW |   3093 Views


Clarification regarding extension of limitation under GST Law in terms of SC's Order dated 27th April 2021

   24 July 2021 at 06:00

The Government had issued notifications under Section 168A of the CGST Act, 2017, wherein the time limit for completion of various actions, by any authority or by any person, under the CGST Act, which falls during the specified period, had been extended.

Posted in GST |   2883 Views


MCA inserts new Rule 33A - Allotment of a new name to the existing company under section 16(3) of the Companies Act

   23 July 2021 at 12:09

MCA has notified a new Rule 33A after Rule 33 which shall deal with the Allotment of a new name to the existing company under section 16(3) of the Act. Furthermore, in the annexure, a new Form INC-11C has also been inserted after Form No.INC-11B.

Posted in Corporate Law |   2694 Views


IT Department conducts raid at media group Dainik Bhaskar

   23 July 2021 at 12:03

On Thursday, 22nd July 2021, around 100 officials from the Income Tax Department conducted a raid at over 30 locations of the Media Group Dainik Bhaskar's offices in Madhya Pradesh, Maharashtra, Delhi, Rajasthan and Gujarat.

Posted in Income Tax  2 comments |   10557 Views


Allegations of the IT Dept officials suggesting changes in media stories & taking editorial decisions denied

   23 July 2021 at 06:32

Certain allegations have appeared in some sections of media that IT Dept officials were suggesting changes in stories & taking editorial decisions during their search on offices of Media Group Dainik Bhaskar.

Posted in Income Tax  1 comments |   7209 Views


Filing of Annual returns by composition taxpayers - Negative Liability in GSTR-4

   23 July 2021 at 06:27

If there is no liability to be paid during the year, the liability paid through Form GST CMP-08 shall move to negative liability statement and the same excess amount can be utilised to pay the liability of future tax periods.

Posted in GST  2 comments |   9231 Views



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