CAclubindia News

Shri Tarun Bajaj takes charge as the Secretary, Department of Revenue, Ministry of Finance

08 April 2021 at 05:31

Shri Tarun Bajaj formally takes charge as the Secretary, Department of Revenue (DoR), Ministry of Finance, in New Delhi earlier today. Shri Bajaj held additional charge of DoR after superannuation of Dr A.B. Pandey on 28.02.2021.

Posted in Community & General | 3174 Views

RBI: Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package

08 April 2021 at 05:28

Lending 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.

Posted in Community & General | 1545 Views

RBI Governor | Projection of real GDP growth for 2021-22 is retained at 10.5%

08 April 2021 at 05:19

Projection 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.

Posted in Community & General | 1224 Views

GST Portal: Webinars on New Functionalities related to Registration and Returns deployed

08 April 2021 at 05:13

GSTN 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.

Posted in GST | 2598 Views

RBI releases a Statement on Developmental and Regulatory Policies

08 April 2021 at 05:09

Measures 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.

Posted in Community & General | 1461 Views

FM Smt. Nirmala Sitharaman attends Second Virtual G20 Finance Ministers and Central Bank Governors Meeting

08 April 2021 at 05:02

FM 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.

Posted in Community & General | 1059 Views

ICAI | Exposure Draft of COVID-19 Related Rent Concessions beyond June 30, 2021

07 April 2021 at 16:51

The 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.

Posted in Professional Resource | 1356 Views

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 14:19

4.20 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/-

Posted in Community & General | 885 Views

ICAI | Information regarding Certificate/ Diploma Course conducted by the institute

07 April 2021 at 11:15

ICAI 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.

Posted in Students | 1 comments | 2187 Views

RBI specifies Category-I AIFs set up as trust as qualified buyers

07 April 2021 at 04:53

RBI 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.

Posted in Community & General | 2100 Views