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FM Nirmala Sitharaman attends Third G20 Finance Ministers and Central Bank Governors Meeting
11 July 2021 at 10:24The two-day meeting saw discussions on a wide range of issues including global economic risks and health challenges, policies for recovery from the CoVID-19 pandemic, international taxation, sustainable finance and financial sector issues.
Update on New Income Tax Portal by ICAI
10 July 2021 at 09:57"Pursuant to decisions in that meeting, our members from ICAI are continuously working with Ministry of Finance officials and Infosys group in configuring glitch-free functionalities of new efiling portal" - ICAI.
Shri Pankaj Chaudhary takes charge as Minister of State in the Ministry of Finance
10 July 2021 at 05:34Shri Chaudhary is a Member of Parliament (MP) from Maharajganj in Uttar Pradesh in the 17th Lok Sabha. Active in public service for over three decades, Shri Chaudhary has also held the post of Deputy Mayor of Gorakhpur in the past.
ICAI releases Exposure Draft of Revised AS 102, Share-based Payments
09 July 2021 at 20:47The Institute of Chartered Accountants of India has released the Exposure Draft of Revised AS 102 - Share-based Payments for comments with the last date being 7th August 2021. Comments on the same can be submitted Electronically, via Email or Post.
Upcoming functionalities to be deployed on GST Portal for the Taxpayers in the month of July, 2021
09 July 2021 at 19:05Upcoming functionalities w.r.t Timelines for filing of Form GST REG-21, Information regarding late fee payable provided in Form GSTR-10 and Auto-population of data in Form GSTR-11 that will be deployed on the GST Portal.
New Functionalities made available for Taxpayers on GST Portal - June, 2021
09 July 2021 at 19:04New Functionalities pertaining to modules of Registration, Refund and Ledgers made available for Taxpayers on the GST Portal for the m/o June 2021 has been mentioned here.
Cabinet approves MoU between Institute of Cost Accountants of India and the ACCA
09 July 2021 at 05:50This MoU will lead to a focus attention towards the exchange of knowledge and exchange of research and publications, which will strengthen good governance practice in both jurisdictions.
Total Revenue Deficit Grant of Rs. 39,484 crore released to States in the current financial year
09 July 2021 at 05:43With the release of the instalment of Rs. 9,871 crore, a total amount of Rs. 39,484 crore has been released to eligible States as Post Devolution Revenue Deficit Grant in the current financial year.
Smt. Anupriya Patel takes charge as Minister of State of Ministry of Commerce and Industry
09 July 2021 at 05:43Smt. Anupriya Patel was elected to the Lok Sabha, from the constituency of Mirzapur in 2014 and again in 2019. She was also the Minister of State in the Ministry of Health and Family Welfare, Government of India, from 2016 to 2019.
ICAI amends Form 18 - Particulars of Offices and Firms
09 July 2021 at 05:43Under the amended Form 18, ICAI has allowed Multi Disciplinary Partnership Firms together with the partnership of CAs with CMAs, CSs, advocates, Engineers, Architects and MBAs.
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