CAclubindia News

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 | 9234 Views

ICAI further extends validity of Peer Review Certificate in the wake of COVID-19 spurt across the country

22 July 2021 at 20:50

ICAI has further granted relief to practice units by extending the expiry date of peer review certificate having original expiry date falling anytime from 1st July 2021 to 31st July 2021 till 31st August 2021.

Posted in Professional Resource | 1512 Views

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

22 July 2021 at 06:16

The amendment regulations enhance the discipline, transparency, and accountability in corporate insolvency proceedings. The amended regulations are effective from 14th July 2021. These are available at www.mca.gov.in and www.ibbi.gov.in.

Posted in Corporate Law | 2541 Views

EPFO adds 9.20 lakh net subscribers in the month of May, 2021

20 July 2021 at 18:45

Of the total 9.20 lakh net subscribers added during the month, around 5.73 lakh new members have come under the ambit of the Employees’ Provident Funds Scheme for the first time.

Posted in Corporate Law | 2784 Views

Various measures taken by MCA to fight COVID-19 pandemic

20 July 2021 at 18:42

Shri Rao Inderjit Singh, Minister of State for the Ministry of Corporate Affairs lists down 23 measures that have been undertaken by the MCA to address the COVID-19 pandemic. This was stated by in a written reply to a question in the Rajya Sabha.

Posted in Corporate Law | 2610 Views

CBDT grants further relaxation in electronic filing of Income Tax Forms 15CA/15CB

20 July 2021 at 18:38

Taxpayers can now submit Forms 15CA/15CB in manual format to the authorized dealers till 15th August 2021. Authorized dealers are advised to accept such Forms till 15th August 2021 for the purpose of foreign remittances.

Posted in Income Tax | 11907 Views

ICAI | Schedule for Advanced ICITSS - Adv. IT Test from August to October 2021

20 July 2021 at 14:06

The test will be conducted on 21st August, 19th September and 23rd October. Read the eligibility criteria and the time period for submission of the exam application form here.

Posted in Students | 6492 Views

CSEET Result to be declared on 21st July 2021 by ICSI

20 July 2021 at 06:02

The result for the CSEET Exams conducted on 10th and 12th July 2021 will be declared on 21st July 2021 at 3:00 P.M. The result along with individual candidate’s subject-wise break-up of marks will be made available on the Institute’s website.

Posted in Students | 1185 Views

GST Compensation dues paid to all States for FY 2020-21 and 2021-22

19 July 2021 at 22:06

GST compensation of Rs. 91,000 crore has been released to all States/ UTs to partly meet the compensation payable for the period April’20 to March’21 as the amount in GST Compensation Fund was not adequate to meet the full compensation requirement.

Posted in GST | 2487 Views

Nearly 72% of financial transactions of PSBs done through digital channels

19 July 2021 at 21:59

Minister of State for Finance - Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha stated that the share of financial transactions undertaken through home and mobile channels increased from 29% in FY 2018-19 to 76% in FY 2020-21.

Posted in Community & General | 1095 Views