CAclubindia News
RBI: Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package
08 April 2021 at 05:28Lending institutions shall disclose the aggregate amount to be refunded/adjusted in respect of their borrowers based on the above reliefs in their financial statements for the year ending March 31, 2021.
RBI Governor | Projection of real GDP growth for 2021-22 is retained at 10.5%
08 April 2021 at 05:19Projection of real GDP growth for 2021-22 is retained at 10.5 percent consisting of 26.2 per cent in Q1; 8.3 per cent in Q2; 5.4 per cent in Q3; and 6.2 per cent in Q4.
GST Portal: Webinars on New Functionalities related to Registration and Returns deployed
08 April 2021 at 05:13GSTN has recently implemented new functionalities on the GST Portal for the convenience of persons applying for registration and certain other functionalities for the existing taxpayers. These changes are mostly in areas of on Registration and Returns.
RBI releases a Statement on Developmental and Regulatory Policies
08 April 2021 at 05:09Measures on (i) liquidity management and support to targeted sectors; (ii) regulation and supervision; (iii) debt management; (iv) payment and settlement systems; (v) financial Inclusion; and (vi) external commercial borrowings.
FM Smt. Nirmala Sitharaman attends Second Virtual G20 Finance Ministers and Central Bank Governors Meeting
08 April 2021 at 05:02FM Smt. Nirmala Sitharaman participated virtually in the Second G20 FMCBG meeting under the Italian Presidency here today to discuss policy responses to global challenges to restore strong, sustainable, balanced and inclusive growth.
ICAI | Exposure Draft of COVID-19 Related Rent Concessions beyond June 30, 2021
07 April 2021 at 16:51The Accounting Standards Board of ICAI has issued the Exposure Draft of proposed amendments to Ind AS 116, Leases, for public comments with the last date as April 17, 2021.
More than 28.68 crore loans for an amount of Rs 14.96 lakh crore sanctioned since launch of the PMMY
07 April 2021 at 14:194.20 crore PMMY loans sanctioned in 2020-21 and Rs. 2.66 lakh Crore sanctioned in FY 2020-21 (As on 19.03.2021). The average ticket size of the loans is about Rs 52,000/-
ICAI | Information regarding Certificate/ Diploma Course conducted by the institute
07 April 2021 at 11:15ICAI clarifies that a student can put "DISA (ICAI)" designation on successful completion of the DISA course offered by ICAI. However, no such designation is given on completion of the Forensic Accounting & Fraud Detection course.
RBI specifies Category-I AIFs set up as trust as qualified buyers
07 April 2021 at 04:53RBI has specified Category I AIFs set up as trust and registered with SEBI under Securities and Exchange Board of India (Alternative Investment Fund) Regulations, 2012, as ‘qualified buyers’ subject to certain conditions.
President promulgates IBC (Amendment) Ordinance, 2021
06 April 2021 at 21:02Promulgated by the President in the Seventy-second Year of the Republic of India, listed in this news piece is an Ordinance further to amend the Insolvency and Bankruptcy Code, 2016.
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