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Gross GST revenue of Rs.1,41,384 crore collected for April 21 setting a new record
01 May 2021 at 18:24The GST revenues during April 2021 are the highest since the introduction of GST even surpassing collections in the last month (March'2021).
CBDT extends timelines of certain Income Tax Compliances amid COVID-19
01 May 2021 at 13:56In view of the adverse circumstances arising due to the severe Covid-19 pandemic and also in view of the several requests received from taxpayers requesting that various compliance dates may be relaxed, the Government has extended certain timelines today.
ICAI announces re-opening of online filling up of examination application forms for May 2021 CA Exams
01 May 2021 at 12:17ICAI has decided to re-open the online filling up of examination application form for Chartered Accountants Examinations, May 2021 from 4th May 2021 (10 AM) to 6th May 2021 (11.59 PM) with late fees (Rs.600/- or US $ 10).
GoI Facilitates faster imports of key medical devices by relaxing the conditions for clearances under Legal Metrology
01 May 2021 at 06:12Considering the present pandemic situation of COVID-19 and for meeting the demand for medical devices, GoI has permitted the importers of medical devices to import certain categories of medical devices for three months from 28.04.2021 onwards.
Import of Oxygen concentrators permitted for personal use where Customs clearance is sought as gifts till 31st July 2021
01 May 2021 at 06:05Ministry of Commerce & Industry, Department of Commerce has permitted the Import of oxygen concentrators for personal use through post, courier or e-commerce portals, where Customs clearance is sought as "gifts", till 31 July 2021.
Customs Duty on Imports of Inflammatory Diagnostic (marker) kits exempted till 31st October 2021
01 May 2021 at 05:46Customs Duty on Imports of Inflammatory Diagnostic (marker) kits, namely- IL6, D-Dimer, CRP, LDH, Ferritin, Pro Calcitonin (PCT) and blood gas reagents, has been exempted till 31st October 2021, to supplement testing efforts.
ICSI releases Technical guidance for students appearing in CSEET to be held through Remote Proctored mode on 8th May 2021
01 May 2021 at 05:38ICSI, in order to further guide the students regarding the technical requirements for appearing in the ensuing CSEET to be held on 8th May 2021 has provided web links of the technical sessions conducted for the previous CSEET exam.
SIDBI launches quick delivery schemes for COVID preparedness
01 May 2021 at 05:31SIDBI, considering the current distress caused by COVID 19 and being a national emergency has devised aforesaid schemes to cater to help assist health care service providers fight the pandemic.
ICAI President's Message - May 2021
01 May 2021 at 05:28CA. Nihar N. Jambusaria - President, ICAI's May 2021 message for members and students.
CBDT releases Form 34BB for an assessee to withdraw his pending application u/s 245M(1)
01 May 2021 at 05:24The Central Board of Direct Taxes has released the Income-tax (12th Amendment) Rules, 2021 in order to further amend the Income-tax Rules, 1962 wherein, Form 34BB has been released for an assessee to withdraw his pending application u/s 245M(1).
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