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CAclubindia Articles


FIRMS Portal: Recent changes and practical difficulties

Posted by CS Anupriya Saxena 07 January 2023 7826 Views

In the year 2018, the Reserve Bank of India changed the paradigm by shifting most of its filings to web-based forms which were earlier done in physical form/by submitting hard copies of the forms and supporting documents. These portals were FIRMS and FLAIR.



Guidance given by SEBI on creation of Suspense Escrow Demat Account

Posted by Affluence Advisory 07 January 2023 3013 Views

SEBI vide its circular dt: January 25, 2022 had directed listed entities to process all service requests in Demat form.



Amendments and Insertion in Registration provisions under GST and how it will streamline registration process

Posted by Bhavik Sindhvad 07 January 2023 3185 Views

There has been proposed to insert and also amend certain provisions in rule 8 & 9 of CGST Rules regarding registration process under GST.



Important changes in GST pursuant to 48th GST Council Meeting

Posted by Swapnil Munot 06 January 2023 9346 Views

48th GST Council meeting was held on 17th Dec 2022 via virtual modes, in which some changes were made in GST Law



Income Tax Notice

Posted by Aisha 06 January 2023 11202 Views

An income tax notice is a formal communication from the Income Tax Department stating that there is an issue with your tax return or tax payments.



FAQs | GST Margin Scheme (GST on second-hand goods)

Posted by CA PRATIK DHRUVE 06 January 2023 21267 Views

Here are some FAQs related to GST on second-hand goods, which would ensure proper legal interpretation and compliance by such organizations.



Change in Single Master Form (SMF) on FIRMS Portal

Posted by Affluence Advisory 06 January 2023 4873 Views

Reserve Bank of India ('RBI') vide its Circular dated January 4, 2023, has streamlined the process of filing for reporting of Foreign Investment in India in Single Master Form (SMF) on FIRMS Portal.



How to overcome fear of exam results

Posted by Suhasinipro badge 05 January 2023 15180 Views

Here are some tips that can help students cope with the fear of exam results



Procedure for getting GST refund on cancellation of Flat / Supply of Service Contract

Posted by Swapnil Munot 05 January 2023 17092 Views

48th GST Council meeting was held on 17th Dec 2022 via virtual modes. In the said meeting, it is was decided to provide solution for GST Refund to buyer on cancellation of Flat Booked or any other cancellation/termination of supply of service contract.



RBI's launch of Utkarsh 2.0

Posted by CS Lalit Rajput 05 January 2023 4072 Views

The Reserve Bank of India (RBI)vide Press Release dated30.12.2022 has launched The Reserve Bank of India's Medium-term Strategy Framework for the period 2023-2025 – 'Utkarsh 2.0', the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms.




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