CAclubindia News

ICAI releases Exposure Draft of upgraded Accounting Standards for Public Comments

04 November 2020 at 10:07

The Institute of Chartered Accountants of India has released the exposure draft of upgraded Accounting Standards for Public Comments. The last date for public comments is 3rd December 2020.

Posted in Accounts | 2 comments | 3069 Views

RBI increases Market Trading Hours w.e.f 9th November 2020

03 November 2020 at 10:21

It has been decided to restore trading hours for regulated markets. Accordingly, with effect from November 9, 2020, the trading hours for the markets regulated by the Reserve Bank have been increased.

Posted in Others | 4098 Views

Central Government releases Rs 6,000 crore as the second tranche to 16 states and 3 Union Territories on account of GST compensation

03 November 2020 at 10:21

The Ministry of Finance, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crores as a second tranche to 16 States and 3 Union Territories.

Posted in GST | 1 comments | 3315 Views

ICAI requests students of containment zones to submit their concerns regarding admit card

02 November 2020 at 17:11

Students who may have any concerns related to admit cards for the containment zones may submit the same at the given links for the attention of the Examination Department.

Posted in Students | 6510 Views

ICAI issues clarification on misleading Admit Card Circulation

02 November 2020 at 17:11

ICAI places on record that an Image of Admit Card circulated is misleading & all Admit Cards have ICAI Official Emblem & Sign as Seal of Authenticity.

Posted in Students | 2 comments | 15984 Views

The NIC Portal generates more than 495 Lakh e-invoices by 27,400 taxpayers within a month

02 November 2020 at 16:38

The e-Invoice initiative completes one month on 31st October. More than 495 Lakh e-invoices have been generated on the NIC portal by 27,400 taxpayers within the first month of the introduction. 641 Lakh e-way bills generated during the month.

Posted in GST | 3669 Views

Rs 1,05,155 crore of gross GST revenue collected in the month of October 2020

02 November 2020 at 10:23

The gross GST revenue collected in the month of October 2020 is Rs. 1,05,155 crore of which CGST is Rs. 19,193 crores, SGST is Rs. 25,411 crores, IGST is Rs. 52,540 crores, and Cess is Rs. 8,011 crores.

Posted in GST | 3813 Views

ICAI waives off condonation fees w.e.f. 1st November till 31st December 2020

02 November 2020 at 10:23

The Institute of Chartered Accountants of India has decided to waive off condonation fees due to the difficulties being faced by such Students, Articled Assistants, Members & Firms.

Posted in Students | 1 comments | 2478 Views

ICMAI to conduct the Merged June 2020 and Dec 2020 exam via Online Mode

02 November 2020 at 10:23

ICMAI has decided to conduct the Intermediate and Final Examination in December 2020 through Online Mode. This is the merged examination of the June 2020 term and the Dec 2020 term.

Posted in Students | 4 comments | 4137 Views