Students may note that Companies (Auditor’s Report) Order, 2016 issued by MCA would be applicable for May 2021 Examination, since the applicability of Companies (Auditor's Report) 2020 has been deferred by MCA.
The Institute of Chartered Accountants of India has elected CA. Nihar N. Jambusaria as the President of ICAI and CA. (Dr.) Debashis Mitra as the Vice President of ICAI for the year 2021-22.
The ASB of ICAI with the aim to provide an opportunity to the various stakeholders in India to raise their concerns at the initial International Standard-setting stage (ED stage) itself, invites comments on the ED issued by the IASB.
ICAI has advised the students and members to exercise caution while posting/sharing/forwarding any message, video, audio, photograph(s), comments and other material on print and social media which may bring disrepute to the profession.
The Quarterly Return and Monthly Payment Scheme aims to simplify compliance for small taxpayers. In this news piece, CBIC has answered the 14 most important FAQs on the scheme.
CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov. 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017 to provide for staggered filing of Form GSTR-3B for the tax periods from January 2021.
In the Budget speech 2021-22, it has been announced that "debtfinancing of InvITs and REITs by Foreign Portfolio Investors will be enabled by making suitable amendments in the relevant legislations.
The SEZ Rules, 2006 came into effect on 10th February, 2006. The salient features of the SEZ scheme has been listed here.
Considering the importance of professional and other service providers for the development of financial products, financial services and financial institutions in the IFSC, a framework for enabling ancillary services has been notified.
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