CAclubindia News


ICAI has further extended the last date for Payment of Membership/COP Fee to 15th December 2020

   30 November 2020 at 20:42

Considering hardship caused to the Members due to various reasons, the last date for payment of membership/COP fee is further extended to 15th December 2020 by ICAI

Posted in Professional Resource |   1437 Views


Online filing of the application (Form GST EWB 05) by the taxpayer for un-blocking of E-Way Bill generation facility

   30 November 2020 at 10:00

A facility has now been provided to the taxpayers on the GST Portal, from 28.11.20 onwards, to file an application online for unblocking of their EWB generation facility, in case their EWB generation facility has been blocked on the EWB portal.

Posted in GST |   3963 Views


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 |   3966 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 |   7041 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 |   4074 Views