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ICAI releases advisory to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency

   21 December 2020 at 14:29

The Institute of Chartered Accountants of India has released an advisory to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency.

Posted in Professional Resource |   2256 Views


3.69 crore Income Tax Returns for AY 2020-21 filed till 20th Dec 2020

   21 December 2020 at 14:29

The Central Board of Direct Taxes has notified that the total Income Tax Returns filed till 20th December 2020 for AY 2020-21, is 3.69 crores. Read the ITR-Wise break-up of the figure here.

Posted in Income Tax |   2079 Views


ICSI extends the last date for submitting a request to avail the Opt-Out Facility

   21 December 2020 at 13:23

The Institute of Company Secretaries of India has extended the last date for submitting a request to avail the "Opt Out" facility without citing any specific reason, to 31st December 2020.

Posted in Students |   2319 Views


Ministry of Finance announces Auction for Sale (Re-issue) of Government Securities

   21 December 2020 at 13:23

The Department of Economic Affairs, Ministry of Finance has announced the Auction for Sale (Re-issue) of Government Securities together with the Method of Auction and Notified Amount for the same.

Posted in Community & General |   1863 Views


ICSI gives clarification regarding Opt-Out Facility

   21 December 2020 at 13:23

The Institute of Company Secretaries of India has made an announcement giving clarification regarding the Opt Out Facility and the eligibility criteria for the same.

Posted in Students |   1221 Views


Shri Piyush Goyal launches India-Australia Economic Strategy Report

   21 December 2020 at 13:23

Says there is tremendous scope for Australian investment into India. With Bigger trade basket, Better trade basket and Balanced trade relationship, we can see huge & exponential growth in our trade relationship.

Posted in Community & General |   1311 Views


MCA releases the Companies Second & Fifth Amendment Rules, 2020

   21 December 2020 at 13:23

The Ministry of Corporate Affairs has released the Companies Second & Fifth Amendment Rules, 2020. Read the official announcement and all the changes made in the Rules here.

Posted in Corporate Law |   2403 Views


MCA extends the applicability of CARO 2020 to 1st April 2021

   21 December 2020 at 13:23

MCA has extended the applicability of the Companies (Auditor’s Report) Order, 2020 (CARO 2020) to 1st April 2021, together with releasing the Companies (Auditor’s Report) Second Amendment Order, 2020.

Posted in Corporate Law |   2370 Views


CA. Atul Kumar Gupta, President, ICAI elected as IFAC Board Member

   21 December 2020 at 11:00

President of the Institute of Chartered Accountants of India - CA Atul Kumar Gupta has been elected as a Board Member of the International Federation of Accountants.

Posted in Professional Resource |   2484 Views


GST Taxpayers | Late Fees and Interest applicable on the QRMP Scheme

   21 December 2020 at 11:00

The Quarterly Return and Monthly Payment Scheme (QRMP Scheme) has been a welcome gift to the small and medium level GST registered taxpayers. Know about the Late Fees and Interest applicable on the QRMP Scheme here.

Posted in GST |   3483 Views



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