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FM Nirmala Sitharaman says enhanced revenue collection in recent months should now be the “New Normal”

   01 July 2021 at 21:06

FM was happy to note the tax collections which crossed Rs. 1 lakh crore for eight months in a row with a record GST collection of Rs. 1.41 lakh crore in April. The enhanced revenue collection in recent months should now be the new normal, She added.

Posted in GST  1 comments |   1455 Views


Shri Piyush Goyal calls upon the Chartered Accountants of the country to think big and scale up

   01 July 2021 at 21:01

Lauding the profession of CAs, Shri Goyal said that it is great to see a profession which is recognized & respected. There is a yearning for people to be Chartered Accountants.

Posted in Professional Resource |   1923 Views


CA Exams 2021: ICAI modifies Opt Out Criteria after Supreme Court's Order

   01 July 2021 at 20:56

Any candidate who personally or whose family member has been affected by COVID-19 and as a result of which, the candidate is unable to appear for the exams, can avail the Opt Out facility. In this case, no RT-PCR Report shall be required.

Posted in Students |   13032 Views


CBIC further extends the date of applicability of Dynamic QR Code

   01 July 2021 at 19:05

The amount of penalty payable by any registered person under section 125 of the CGST Act for non-compliance of the provision stands waived for the period between 1st December 2020 to 30th September 2021.

Posted in GST |   2121 Views


"Through ICAI’s 72 years of splendid performance, it has learnt the importance of making the most of every opportunity and rising to all odds" - President Jambusaria

   01 July 2021 at 15:36

CA. Nihar N. Jambusaria - President, ICAI's July 2021 message for members and students.

Posted in Professional Resource |   1284 Views


"We are constantly moving ahead in our endeavour to provide user-friendly GST System" - Anurag Thakur on GST Day 2021

   01 July 2021 at 14:00

As GST Completes four years today, Anurag Thakur - Union Minister of State for Finance & Corporate Affairs pens down a message for the citizens of the country reflecting upon these four years under the GST Regime.

Posted in GST |   2694 Views


PM greets Chartered Accountants on CA Day

   01 July 2021 at 13:28

In a tweet, the Prime Minister said, "Greetings to all Chartered Accountants on CA Day. This community has a vital role in India’s progress. I call upon all CAs to keep the focus on excellence so that Indian firms emerge as one of the best globally." 

Posted in Professional Resource |   2055 Views


Admit card for CSEET being held on 10th July 2021 Released by ICSI

   01 July 2021 at 05:32

ICSI has released the Admit Card for CSEET exam, which is to be conducted on 10th July 2021 via Remote Proctored Mode. The same can be downloaded by visiting the link - https://tinyurl.com/y37ouphz from 29th June 2021 onwards.

Posted in Students |   1914 Views


ICAI extends the Last Date of updation of UDINs at e-filing Portal

   01 July 2021 at 05:28

The Central Board of Direct Taxes has extended the last date for updating UDINs for all the IT forms at the e-filing portal to 31st August 2021.

Posted in Income Tax |   2985 Views


CBDT issues guidelines under Section 194Q of the Income tax Act, 1961 effective from 1st July 2021

   30 June 2021 at 20:58

Section 194Q of the Income Tax Act, which has been effective from 1st July 2021 onwards has created a lot of confusion among taxpayers and professionals. Thus, the CBDT has issued certain guidelines and clarifications under the section.

Posted in Income Tax |   16095 Views



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