CAclubindia News


ICAI releases Guidance Note on Accounting for Share-based Payments

   05 November 2020 at 10:40

Guidance Note on Accounting for Share-based Payments

Posted in Accounts |   12495 Views


ICAI releases Guidance Note on Applicability of AS 25 and Measurement of Income Tax Expense for Interim Financial Reporting

   05 November 2020 at 10:40

Guidance Note on Applicability of AS 25 and Measurement of Income Tax Expense for Interim Financial Reporting issued by the Institute of Chartered Accountants of India

Posted in Accounts |   3444 Views


CBDT issues refunds of over Rs. 1,29,190 crores to over 9.49 lakh taxpayers between 1st April 2020 and 3rd Nov 2020

   04 November 2020 at 15:11

CBDT issues refunds of over Rs. 1,29,190 crores to over 9.49 lakh taxpayers between 1st April 2020 and 3rd Nov 2020

Posted in Income Tax  2 comments |   3753 Views


ICAI releases Exposure Draft of upgraded Accounting Standards for Public Comments

   04 November 2020 at 10:07

The Institute of Chartered Accountants of India has released the exposure draft of upgraded Accounting Standards for Public Comments. The last date for public comments is 3rd December 2020.

Posted in Accounts  2 comments |   3087 Views


RBI increases Market Trading Hours w.e.f 9th November 2020

   03 November 2020 at 10:21

It has been decided to restore trading hours for regulated markets. Accordingly, with effect from November 9, 2020, the trading hours for the markets regulated by the Reserve Bank have been increased.

Posted in Community & General |   4101 Views


Central Government releases Rs 6,000 crore as the second tranche to 16 states and 3 Union Territories on account of GST compensation

   03 November 2020 at 10:21

The Ministry of Finance, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crores as a second tranche to 16 States and 3 Union Territories.

Posted in GST  1 comments |   3330 Views


ICAI requests students of containment zones to submit their concerns regarding admit card

   02 November 2020 at 17:11

Students who may have any concerns related to admit cards for the containment zones may submit the same at the given links for the attention of the Examination Department.

Posted in Students |   6531 Views


ICAI issues clarification on misleading Admit Card Circulation

   02 November 2020 at 17:11

ICAI places on record that an Image of Admit Card circulated is misleading & all Admit Cards have ICAI Official Emblem & Sign as Seal of Authenticity.

Posted in Students  2 comments |   15999 Views


The NIC Portal generates more than 495 Lakh e-invoices by 27,400 taxpayers within a month

   02 November 2020 at 16:38

The e-Invoice initiative completes one month on 31st October. More than 495 Lakh e-invoices have been generated on the NIC portal by 27,400 taxpayers within the first month of the introduction. 641 Lakh e-way bills generated during the month.

Posted in GST |   3687 Views


Rs 1,05,155 crore of gross GST revenue collected in the month of October 2020

   02 November 2020 at 10:23

The gross GST revenue collected in the month of October 2020 is Rs. 1,05,155 crore of which CGST is Rs. 19,193 crores, SGST is Rs. 25,411 crores, IGST is Rs. 52,540 crores, and Cess is Rs. 8,011 crores.

Posted in GST |   3828 Views



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