CAclubindia News

CBIC waives the amount of general penalty payable by any registered person under section 125 of the CGST Act

30 November 2020 at 10:00

The Government, on the recommendations of the Council, hereby waives the amount of penalty payable by any registered person under section 125 of the CGST Act

Posted in GST | 1 comments | 3840 Views

ICMAI postpones December 2020 Intermediate and Final Exams till 3rd January 2021

30 November 2020 at 10:00

The online Intermediate and Final Examination for ICMAI that was scheduled from 10th - 17th December 2020 will now be held from 3rd - 10th January 2021.

Posted in Exams | 1 comments | 3963 Views

IT Department conducts searches in Tamil Nadu resulting in the detection of undisclosed income of more than Rs. 450 crore

30 November 2020 at 09:59

The Income Tax Department conducted searches on 27/11/2020 in the case of an IT SEZ developer, its ex-Director, and a prominent stainless-steel supplier in Chennai.

Posted in Income Tax | 4488 Views

US$28.1 billion FDI inflows into the country during the July-September quarter

30 November 2020 at 09:59

FDI Equity Inflows during the first half of 2020-21 have shown 15% growth in US$ terms and 23% growth in Rupee terms

Posted in Others | 1827 Views

ICAI changes exam centers in Hyderabad, Secunderabad, and Lucknow on 1st Dec due to Elections

29 November 2020 at 21:30

Due to the elections scheduled on 01.12.2020 at the center(s) in Hyderabad/Secunderabad/Lucknow, all the students from their existing examination center(s) are being shifted to new examination venue(s),

Posted in Exams | 7038 Views

Punjab chooses Option-1 to meet the GST implementation shortfall

28 November 2020 at 16:12

26 States and all Union Territories with Legislative Assembly have favored Option-1. Punjab will get Rs.8,359 Crores through special borrowing window to meet the GST implementation shortfall

Posted in GST | 3429 Views

EPFO extends time limit for Pensioners upto 28th Feb'21 for submission of Jeevan Pramaan Patra

28 November 2020 at 16:12

In view of the ongoing COVID-19 pandemic, EPFO has extended the time limit up to 28th Feb 2021 for submission of Life Certificate in respect of the Pensioners drawing pension under EPS 1995.

Posted in Corporate Law | 1740 Views

GDP contracts by 7.5% in the second quarter of the year 2021

28 November 2020 at 10:15

Q2 GDP at - 7.5% buttresses recovery as captured by several high-frequency indicators. The economic impact is primarily due to #COVID19, good news is falling daily cases are due to lower transmission & not due to lower testing.

Posted in Others | 4071 Views

ICSI extends the due date for registering in the Executive/Professional Programme till 1st December 2020

28 November 2020 at 10:15

The Institute of Company Secretaries of India has extended the due date for registering in the Executive/Professional Programme till 1st December 2020.

Posted in Students | 1668 Views

FM Smt. Nirmala Sitharaman holds 5th review meeting on CAPEX of CPSEs to boost expenditure in the economy

28 November 2020 at 10:14

While reviewing the performance of CPSEs, Smt. Sitharaman said that CAPEX by CPSEs is a critical driver of economic growth and needs to be scaled up for the FYs 2020-21 & 2021-22.

Posted in Others | 1869 Views