CAclubindia News
All States choose Option-1 to meet the GST implementation shortfall
05 December 2020 at 10:08Jharkhand will get Rs. 1,689 crores through a special borrowing window to meet the GST implementation shortfall. Permission to raise additional Rs. 1,765 crores through borrowings also issued to Jharkhand.
Relaxation of additional fees and extension of last date of filling of CRA-4 (form for filing of cost audit report) for FY 2019-20
05 December 2020 at 10:07Due to the COVID-19 pandemic, it has been decided to extend the date for submission of the Cost Audit Report for the Financial Year 2019-20 from 30th November 2020 to 31st December 2020.
CBIC issues clarification over Invoice Furnishing Facility with relation to the QRMP Scheme
05 December 2020 at 09:43IFF is an optional facility to be used depending on the needs of the suppliers and their buyers. Taxpayers may file their GSTR-1 for the quarter without filing IFF.
CBDT issues clarifications on the provisions of the Direct Tax Vivad se Vishwas Act 2020
05 December 2020 at 09:43The Central Board of Direct Taxes has issued a clarification on the provisions of the Direct Tax Vivad se Vishwas Act 2020 and has released the 2nd set of FAQs on the Act.
Resumption of physical hearings, on experimental basis, in the ITAT, Mumbai benches, wef Dec 7, 2020
04 December 2020 at 18:02The Income Tax Appellate Tribunal Mumbai benches intend to resume physical functioning, on an experimental basis and in a limited manner, with effect from 7th December 2020.
Union FM Smt. Nirmala Sitharaman inaugurates DRI's 63rd Founding Day Celebrations
04 December 2020 at 18:02FM Smt. Nirmala Sitharaman observed the 63rd Founding Day of the DRI, the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the CBIC.
Pension Adalat 2020 to be held from 15.12.2020 through Video Conferencing in the Income Tax Office of Kerala
04 December 2020 at 18:02Pension Adalat 2020 to be held from 15.12.2020 through Video Conferencing in the Income Tax Office of Kerala
India, USA sign MoU on Intellectual Property cooperation
04 December 2020 at 18:02The Union Cabinet in its meeting dated 19.02.2020 gave the approval for signing the MoU with the United States Patent and Trademark Office (USPTO) in the field of IP Cooperation.
RBI keeps the policy repo rate unchanged at 4 percent
04 December 2020 at 15:44The Monetary Policy Committee met on 2nd, 3rd, and 4th December 2020. It reviewed current macroeconomic and financial developments, both domestic and global, and the evolving outlook for the Indian economy.
RBI issues a statement on Developmental and Regulatory Policies
04 December 2020 at 15:44This Statement sets out various developmental and regulatory policy measures to enhance liquidity support, deepen financial markets, conserve capital among banks, and facilitate external trade, etc.
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